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14 February 2018 GSM Results

NAV/share (RON) 1.2576*
Share Price (RON) 0.9180**
Discount -27.00%
NAV/share (USD) 0.3359*
GDR Price (USD) 12.10**
Discount -27.95%

Volatile market action in early February caught many investors off guard. While many were rushing for the exits at the first sign of turmoil, Templeton Emerging Markets Group’s Chetan Sehgal and Claus Born have been emphasizing calm. They point to resilience within emerging markets overall in the long term and still find plenty of reasons to be optimistic about the year ahead. Investment Adventures...