Sir John Templeton, Philanthropist and Investor, 1912-2008
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Sir John Templeton, who died today at 95, was a philanthropist and investor.
A “pioneer of global investing,” according to Bloomberg News, he was best known for the Templeton Growth Fund, one of the first mutual funds to offer Americans a vehicle for making foreign investments. Since its creation in 1954, the fund’s annual average return has been 13.5%.
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