LONDON (ShareCast) - Hong Kong/China and Brazil remain the preferred markets of choice of investment trust Templeton Emerging Markets.

The company said that, as at the end of August, 25.6% of the value of its portfolio was in Chinese or Hong Kong quoted stocks, while Brazilian stocks accounted for 17.4% of net assets.

The company's net asset value per share at the end of August stood at 628.67p, on an ex-income basis, down from 692.80p at the end of July.

As for sector weightings, 25.9% of the company's total assets are accounted for by financial stocks, while energy stocks represent 21.7% of the net asset value. Consumer discretionary and Materials both check in at around the 17.5% mark, with Brilliance China Automotive the single biggest holding, accounting for 10.4% of net assets.

Shares in the investment trust fell 16p to 571p in the morning session on Monday.
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