Are there plans for Franklin Templeton Investments to invest more aggressively in clean technologies, alternative energy sources, and related socially responsible organizations?
As a company that employs various management styles it is possible that firms in the alternative energy or related sectors could meet our investment criteria. We are aware of and are actively monitoring the investment thesis behind the alternative energy sector. A good example of that proactive approach is the fact that our funds have long been a large shareholder in one of the worlds foremost wind energy producers. Although there is not a specific mandate that focuses on alternative energies, some companies in the sector have in the past (and may continue to in the future) met our investment criteria and found its way onto our individual portfolios.
