Franklin Liberty Euro Green Bond UCITS ETF

Fund Description

The fund's objective is to provide exposure to the European green bond market whilst maximising total returns. The fund invests at least 75% of its Net Asset Value in bonds that are labelled as green, with the balance invested in climate-aligned bonds. Most of the bonds the fund invests in are denominated in European currencies.


Acceleration of the green bond market

Fund Manager David Zahn believes the COVID pandemic is likely to accelerate growth of the green bond sector and considers the opportunities for Franklin Liberty Euro Green Bond UCITS ETF

- Sustainable portfolio of mainly high quality investment grade corporate and government bonds

- Enhanced diversification through an increase of "green" corporate issuers


 United Kingdom       Germany      Italy      Austria       Switzerland       Denmark       Finland       Sweden


David Zahn, CFA®

David Zahn, CFA®

  • London, United Kingdom
  • Years Of Experience: 27
Rod MacPhee, CFA®

Rod MacPhee, CFA®

  • London, United Kingdom
  • Years Of Experience: 14

What are the Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments. There is no guarantee that the Fund will meet its objective. For full details of all the risks applicable to this Fund, please refer to the “Risk Considerations” section of the current prospectus of Franklin LibertyShares ICAV.

  • The fund invests mainly in green bonds whilst aiming to maintain capital preservation. Such securities have historically proven to present some stability over time and have benefitted from limited exposure to interest rates and movements in the bond market. As a result the performance of the fund can fluctuate moderately over time.
  • Other significant risks include:
    Counterparty risk: the risk of failure of financial institutions or agents (when serving as a counterparty to financial contracts) to perform their obligations, whether due to insolvency, bankruptcy or other causes.
    Credit risk: the risk of loss arising from default that may occur if an issuer fails to make principal or interest payments when due. This risk is higher if the Fund holds low-rated, sub-investment-grade securities.
    Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
    Secondary Market Trading risk: the risk that the shares purchased on the secondary market cannot usually be sold directly back to the Fund and that investors may therefore pay more than NAV per Share when buying shares or may receive less than the current NAV per Share when selling shares.