Franklin Templeton Introduces Its First Suite Of Emerging Markets Passive ETFs In UK

From Franklin Templeton Investments
Contact Saira Khan
Telephone (0)20 70738644

Franklin Templeton Introduces Its First Suite Of Emerging Markets Passive ETFS In UK

London – 4 June 2019 – Franklin Templeton1 is introducing its first passive ETFs within its Franklin LibertySharesTM range, with an initial suite of four market-cap weighted, emerging markets country ETFs covering Brazil, China, Korea and India. A pioneer in emerging markets investing since 1987, Franklin Templeton is one of the largest asset managers with dedicated emerging markets expertise, with over $1502 billion managed across the firm in emerging markets assets.

Franklin FTSE Brazil UCITS ETF, Franklin FTSE China UCITS ETF and Franklin FTSE Korea UCITS ETF3 will list on the London Stock Exchange (LSE) on 7th June. The firm also plans to list the Franklin FTSE India UCITS ETF3 on the LSE shortly after.

Competitive fees

The funds’ total expense ratios are the lowest in the industry (TER is on average 70% lower than other emerging markets country UCITS ETFs4) for their respective categories, thus empowering investors with the ability and options to realise the full potential of beta-driven solutions.

Franklin LibertySharesTM Range

Emerging Markets ETFs (Passive)Total Expense Ratio (TER)
Franklin FTSE Brazil UCITS ETF 0.19%
Franklin FTSE China UCITS ETF 0.19%
Franklin FTSE Korea UCITS ETF 0.09%
Franklin FTSE India UCITS ETF 0.19%

Martyn Gilbey, UK Country Head for Franklin Templeton, added:
“We are pleased to introduce these passive ETFs in the UK which will enable investors to access beta solutions at the lowest cost. Our goal is to provide UK investors with the flexibility to construct diversified portfolios across active, smart beta and passive ETFs. The new funds will complement our overall UK ETF offering thus giving investors a wider choice from our Franklin LibertySharesTM range.”

Caroline Baron, Head of ETF Sales EMEA, Franklin Templeton said: “Building on Franklin Templeton’s strong and extensive emerging markets investment heritage, we are delighted to introduce these four new emerging markets country passive ETFs at the lowest fees. It was logical for us to start with Brazil, China, India and Korea, since these four high-growth countries represent the biggest country allocations within client portfolios and broad emerging markets indices. It is important to note that our new passive ETFs will be physically replicated which is rare in the emerging markets country ETF category. This is due to strong client feedback noting their preference over synthetically replicated ETFs.”

The new passive emerging markets ETFs are market cap-weighted and benchmarked to country indices from FTSE Russell, leveraging the global index provider’s capabilities and expertise across developed and emerging markets. FTSE Russell is one of the largest index providers in the marketplace globally, with approximately $16 trillion in assets currently benchmarked to its indices.

  • Franklin FTSE Brazil UCITS ETF will aim track the FTSE Brazil 30/18 Capped Index.
  • Franklin FTSE China UCITS ETF will aim to track the FTSE China 30/18 Capped Index.
  • Franklin FTSE Korea UCITS ETF will aim to track the FTSE South Korea 30/18 Capped Index.
  • Franklin FTSE India UCITS ETF will aim to track the FTSE India 30/18 Capped Index.

Through its Franklin LibertySharesTM ETF platform globally, Franklin Templeton currently offers an actively managed suite of equity and fixed income ETFs, passive ETFs and a smart beta suite covering both US and international equity markets. Franklin LibertySharesTM has approximately $3.8 billion in assets under management globally as of May 31, 2019.

For more information on the Franklin LibertySharesTM ETF range please visit www.libertyshares.co.uk.

LSE Tickers
Fund NameISINGBPUSD
Franklin FTSE Brazil UCITS ETF IE00BHZRQY00 FVUB FLXB
Franklin FTSE China UCITS ETF IE00BHZRR147 FRCH FLXC
Franklin FTSE Korea UCITS ETF IE00BHZRR030 FLRK FLXK
Franklin FTSE India UCITS ETF IE00BHZRQZ17 FRIN FLXI

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Franklin Templeton Introduces Its First Suite Of Emerging Markets Passive ETFS In UK (PDF)

Contacts:

Saira KhanDorine Johnson
Corporate Communications Manager Head of Corporate Communications Europe
Franklin Templeton Investments Franklin Templeton Investments
Cannon Place, 78 Cannon Street Cannon Place, 78 Cannon Street
London EC4N 6HL London EC4N 6HL
Tel: 0207 073 8644 Tel: 0207 073 8538
Email: saira.khan@franklintempleton.co.uk Email: dorine.johnson@franklintempleton.co.uk

Notes to Editors:

1. Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton. Franklin Templeton provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the company has expertise across all asset classes—including equity, fixed income, alternative and custom solutions. The company’s more than 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California–based company has more than 70 years of investment experience and over $720 billion in assets under management as of April 30, 2019. For more information, please visit www.franklintempleton.co.uk

2. Source: Franklin Templeton Investments as of March 31, 2019.

3. Franklin FTSE Brazil UCITS ETF, Franklin FTSE China UCITS ETF, Franklin FTSE Korea UCITS ETF, Franklin FTSE India UCITS ETF are sub-funds of the Franklin LibertyShares ICAV, an Irish Collective Asset-managed Vehicle, incorporated under the laws of Ireland.

The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as of the publication date and may change without notice. The information provided in this material is not intended as complete analysis of every material fact regarding any country, region or market.

An investment in Franklin LibertySharesTM UCITS ETF range entails risks which are described in the prospectus, its supplements and in the relevant Key Investor Information Document. The value of investments can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indicator or a guarantee of future performance.

4. Source: Franklin Templeton Investments based on analysis of Morningstar’s country emerging markets UCITS ETFs as of May 31st 2019.

This press release is intended to be of general interest only and does not constitute professional advice. Franklin Templeton and its management groups have exercised professional care and diligence in the collection and processing of the information in this press release. Franklin Templeton makes no representations or warranties with respect to the accuracy of this document. Franklin Templeton shall not be liable to any user of this report or to any other person or entity for the inaccuracy of information contained in this press release or for any errors or omissions in its contents, regardless of the cause of such inaccuracy, error or omission.

Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes.

Issued by Franklin Templeton Investment Management Limited (FTIML). FTIML is authorised and regulated in the United Kingdom by the Financial Conduct Authority.