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As of December 18, 2015, Templeton Russia and East European Fund, Inc. has gone out of business. Templeton Russia and East European Fund, Inc. is a closed-ended equity mutual fund launched by Franklin Resources, Inc. It is managed by Templeton Asset Management Ltd. The fund invests in the public equity markets of Russia and Eastern Europe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies. It focuses on factors such as long-term earnings, asset value, and cash flow potential to create its portfolio. The fund is actively managed. It benchmarks the performance of its portfolio against the MSCI Russia Index and MSCI EM Eastern Europe Index. Templeton Russia and East European Fund, Inc. was formed on June 15, 1995 and is domiciled in the United States.
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