Templeton extends QDII offering in China
Another triumph for the international fund manager as it enlists one more key distribution partner in China.
Franklin Templeton has raised $475 million from its latest QDII fund IPO in China. The fund is launched under the Industrial & Commercial Bank of ChinaÆs QDII quota. The new fund is a fund of fund product with three underlying investments in the Templeton Asian Growth Fund, the Templeton Bric Fund and Templeton Global Total Returns Fund.This marks ICBCÆs third QDII offering to Chinese retail investors. It also marks TempletonÆs recent expansion in China. Previously, TempletonÆs fu…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.