The best performance made by Mark Mobius’s Templeton Emerging Markets Group was an investment in Brazil (EWZ) in 1995–1996. The economy was supported by the business standard maintained by the companies. He mentioned the company named AmBev (ABEV). Management was involved in all of the aspects within the company. Mobius said that this was impressive.
Currently, his group is mainly investing in commodities (DBC) and commodity-related stocks. Since commodity prices already touched their bottom in January 2016, they’re expecting upside.
The group is also bullish on consumer discretionary (XLY) and consumer staples (XLP) stocks. Consumerism is the most important economic growth driver. It’s mainly bullish on household appliances and soft drink companies.
Templeton Emerging Markets Group made a lot of wrong investment decisions. However, the worst decision was an investment in Indonesia (EIDO). The group invested in a pulp and paper company. The company fooled investors. Mobius’s group was only able to recover some of its money. It’s important to note that the returns provided by the good companies cover some of the losses from the bad companies.