Templeton Investment Counsel, LLC

Norman J. Boersma, CFA

Chief Investment Officer, Templeton Global Equity Group/President, Templeton Global Advisors Limited

Investment Experience: 1989 to Present
Norman is the chief investment officer of Templeton Global Equity Group (TGEG) and president of Templeton Global Advisors Limited. He is also lead portfolio manager for Templeton Growth Fund and Templeton Growth (Euro) Fund and related strategies, as well as co-portfolio manager for Templeton World Fund and associated funds. Norman has over 26 years of experience in the investment industry. He joined the Templeton organization in 1991, and previously served as TGEG’s director of research from 2000 to mid-2003, director of portfolio management from 2003 through 2007, and again as director of research from December 2007 to December 2010. After working in the Toronto office for much of his career, he transitioned to Nassau, Bahamas, in 2011 to take on the role of lead portfolio manager on the group’s flagship fund, Templeton Growth Fund. In 2012, he was named CIO of TGEG. Prior to joining Templeton, Norman was an investment officer with the Ontario Hydro Pension Fund, where he was the portfolio manager responsible for the fund’s small capitalization Canadian equity investments. He holds a BA in Economics and political science from York University and an MBA from the University of Toronto. He is a Chartered Financial Analyst (CFA) Charterholder and past treasurer and director of the Toronto Society of Financial Analysts.

Cindy L. Sweeting, CFA

President, Templeton Investment Counsel, LLC/Director of Portfolio Management, Templeton Global Equity Group

Investment Experience: 1987 to Present
Cindy is the president of Templeton Investment Counsel, LLC and director of portfolio management for the Templeton Global Equity Group (TGEG). She has lead portfolio manager responsibility for the TIF-Foreign Equity Series, an institutional mutual fund, and portfolio management responsibility for institutional separate account relationships with both global and international mandates. She also oversees the institutional segment of TGEG’s global investment management business. Cindy has over 28 years of experience in the investment industry, including 15 years with Templeton, having joined the firm in 1997. Based in Ft. Lauderdale, she previously served as TGEG’s director of research from mid-2003 through 2007, and then served as president of Templeton Global Advisors Limited and lead portfolio manager for Templeton Growth Fund and Templeton Growth (Euro) Fund from 2008 through 2011. She assumed the director of portfolio management role in 2008. The director of portfolio management works closely with the CIO to coordinate TGEG’s portfolio management activities on a global basis. In 2012, she was named president of Templeton Investment Counsel, LLC. Prior to joining Templeton, Cindy was the senior vice president of investments with McDermott International Investments Co., Inc., in Nassau. At McDermott, she was responsible for the investment department, which encompassed portfolio management and pension administration. She graduated summa cum laude from Georgetown University, where she earned her BS in business administration with a concentration in finance. She has served as vice president of the board of directors of the International Society of Financial Analysts (ISFA), which has now merged with the CFA Institute. She was a founding member and past president of the Bahamas Chapter of ISFA. Cindy is a Chartered Financial Analyst (CFA) Charterholder.