Templeton Dragon Fund, Inc. Announce Portfolio Management Team Appointments, Effective April 3, 2017
March 21, 2017 at 06:00 am
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Templeton Dragon Fund, Inc. announced portfolio management team appointments, effective April 3, 2017. Eddie Chow, director of China Strategy for Templeton Emerging Markets Group (“TEMG”), and currently co-lead portfolio manager for Templeton Dragon Fund, Inc., will become sole lead portfolio manager for the fund as its current co-lead portfolio manager Dr. Mark Mobius steps off the fund’s portfolio management team. Dr. Mobius will remain as executive chairman for TEMG, contributing investment ideas and research for the group.
Templeton Dragon Fund, Inc. is a closed-end management investment company. The Fund seeks long-term capital appreciation by investing at least 45% of its total assets in equity securities of China companies. The Fund may invest in companies listed on exchanges in mainland China, Hong Kong, Taiwan, or elsewhere. It invests in various sectors, including air freight and logistics; automobiles; banks; beverages; biotechnology; capital markets; chemicals; construction materials; containers and packaging; electrical equipment; instruments and components; entertainment; food and staples retailing; food products; health care equipment and supplies; health care providers and services; hotels, restaurants and leisure; insurance; interactive media and services; Internet and direct marketing retail; information technology (IT) services; life science tools and services; machinery; media; metals and mining; pharmaceuticals, and others. The Fund's investment manager is Templeton Asset Management Ltd.
TEMPLETON DRAGON FUND, INC. 
