Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF

Fund Description

The fund provides exposure to European large and mid-capitalisation securities aligned to the low carbon transition and seeks to track the performance of the STOXX® Europe 600 Paris-Aligned Benchmark Index (the “Underlying Index”) as closely as possible, regardless of whether the Underlying Index level rises or falls.

Why Consider this ETF

  • Provides diversified European equity exposure aligned to the Paris agreement targets and goals
  • Enables investors to reduce climate change risks and access investment opportunities in the low carbon transition
  • Seeks to track standardised EU Climate benchmark indices

Registered Countries

 United Kingdom          Germany      Italy        

MANAGEMENT

Lorenzo Crosato, CFA®

  • London, United Kingdom
  • Years Of Experience: 21

Dina Ting, CFA®

  • California, United States
  • Years Of Experience: 24

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 intends to track the performance of the Index which is constructed of European large and mid-capitalisation stocks selected from the Parent Index. Such assets have historically been subject to price movements due to such factors as general stock market volatility, changes in the financial outlook or fluctuations in currency markets. As a result, the performance of the Fund can fluctuate significantly over relatively short time periods.
  • 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.
    Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations.
    Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks.
    Index related risk: the risk that quantitative techniques used in creating the Index the Fund seeks to track do not generate the intended result, or that the portfolio of the Fund deviates from its Index composition or performance.
    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 the NAV per share when buying shares or may receive less than the current NAV per Share when selling shares.