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Templeton Emerging Markets Investment Trust
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== Fees and charges<ref name=":2" /> == In FY22, FTEME was paid an annual management fee of 1.00% of net assets up to £1bn and 0.80% above this level; no performance fee is payable. However, with effect from 1 July 2022, the annual management fee will be reduced to 1.00% of net assets up to £1bn, 0.75% between £1bn and £2bn and 0.50% above £2bn. In FY22, TEMIT’s ongoing charges were 0.97%, which was in line with FY21.
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