annual report 2004 templeton global growth fund ltd abn 44 006 558 149 tgg was established to provide australian residents with a well managed and cost effective investment vehicle through which they could gain access world equity markets delegates certain of its management functions the franklin investments group fti relies upon integrity professional competence that organization for prudent successful company s portfolio has long record investing in primary objective is increase shareholders total returns achievement superior performance contents chairman letter 1 manager 2 approach 9 corporate governance statement 10 directors 22 financial year ended 30 june 28 position as at 29 cash flows notes statements 31 declaration 47 independent audit 48 five summary 50 additional asx information 51 list 52 mission directory d walsh