printmgr file - Templeton

STATEMENT OF INVESTMENTS As at December 31, 2012
Franklin Templeton Canadian Large Cap Fund
Shares
Average
Cost Fair Value
(000s) (000s)
LONG-TERM INVESTMENTS: 98.92%
COMMON STOCKS: 98.92%
Commercial Banks: 25.39%
Bank of Nova Scotia ................... 289,217 $ 14,110 $ 16,607
Canadian Imperial Bank of Commerce ...... 201,248 13,859 16,092
Royal Bank of Canada .................. 190,091 9,406 11,369
The Toronto–Dominion Bank ............. 201,900 13,330 16,889
50,705 60,957
Oil, Gas & Consumable Fuels: 21.38%
Canadian Natural Resources Ltd. . ......... 421,722 14,343 12,074
EnCana Corp. . . ...................... 172,967 4,713 3,390
Husky Energy Inc. ..................... 239,148 7,392 7,029
Imperial Oil Ltd. ...................... 276,254 11,954 11,804
Nexen Inc. .......................... 177,501 3,711 4,716
Suncor Energy Inc. .................... 376,723 12,893 12,319
55,006 51,332
Insurance: 8.46%
Great–West Lifeco Inc. ................. 230,527 5,663 5,597
Power Corp. of Canada ................. 281,112 7,457 7,110
Sun Life Financial Inc. .................. 288,729 8,347 7,605
21,467 20,312
Energy Equipment & Services: 7.71%
Ensign Energy Services Inc. . . . ........... 274,925 4,430 4,209
Precision Drilling Corp. ................. 583,174 4,597 4,776
Shawcor Ltd., A ...................... 120,168 3,450 4,676
Trican Well Service Ltd. ................. 369,365 5,200 4,842
17,677 18,503
Media: 6.49%
Corus Entertainment Inc., B . . . ........... 154,240 3,297 3,788
Shaw Communications Inc. . . . ........... 156,949 3,062 3,580
Thomson Reuters Corp. ................. 285,128 8,485 8,203
14,844 15,571
Food & Staples Retailing: 4.27%
Empire Co. Ltd., A ..................... 40,003 2,220 2,350
Loblaw Companies Ltd. ................. 188,968 6,731 7,910
8,951 10,260
Metals & Mining: 3.87%
Inmet Mining Corp. .................... 65,130 3,320 4,820
Sherritt International Corp. ............... 786,507 4,638 4,467
7,958 9,287
Chemicals: 2.99%
Agrium Inc. . . . ...................... 48,451 2,553 4,803
Methanex Corp. ...................... 75,432 2,076 2,384
4,629 7,187
The accompanying notes are an integral part of these financial statements.
Shares
Average
Cost Fair Value
(000s) (000s)
Wireless Telecommunication Services: 2.94%
Rogers Communications Inc., B ...... 156,277 $ 5,323 $ 7,054
Multiline Retail: 2.91%
Canadian Tire Corp. Ltd., A .......... 100,851 5,599 6,988
Auto Components: 2.45%
Magna International Inc. ............ 118,672 4,483 5,883
Construction & Engineering: 2.39%
SNC–Lavalin Group Inc., A .......... 142,565 5,360 5,741
Internet Software & Services: 1.97%
Open Text Corp. .................. 85,315 4,081 4,725
Paper & Forest Products: 1.91%
Resolute Forest Products ........... 351,495 8,235 4,591
Capital Markets: 1.49%
IGM Financial Inc. ................ 85,984 3,324 3,576
IT Services: 1.18%
CGI Group Inc., A ................. 123,897 1,984 2,840
Diversified Telecommunication Services: 1.12%
Telus Corp. ..................... 41,543 1,434 2,683
Total Common Stocks: .............. 221,060 237,490
Total Long-Term Investments: ......... 221,060 237,490
Principal Amount
in Currency
of Issue
SHORT-TERM SECURITIES: 0.67%
Canada Treasury Bill,
1.045%, 8/29/2013 ............. 1,640,000 CAD 1,628 1,625
Total Short-Term Securities: .......... 1,628 1,625
Transaction costs (Note 2) ............. (237) —
TOTAL INVESTMENTS: 99.59% ....... $222,451 239,115
OTHER ASSETS, less liabilities:
0.41% ........................ 973
TOTAL NET ASSETS: 100.00% ........ $ 240,088
2012 2011
%of %of
Bond Ratings*
Net Assets Net Assets
AAA .................................. 0.67 2.48
* Excluding cash and overnight term deposits.
Source: Standard & Poor’s, and/or composite of Moody’s, Standard & Poor’s and
Fitch ratings.
Franklin Templeton Investments Funds 189