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- 16 UCITS ETFs from the Franklin Liberty Shares RangeTM have been registered in Spain
Madrid, 22 December 2021 – Franklin Templeton1 has registered all 16 UCITS ETFs from its Franklin LibertySharesTM range2 on 20 December for Spanish investors in response to growing client demand for ETF solutions. These 16 UCITS ETFs span across a full spectrum of actively managed fixed income ETFs, passive and smart beta products, including:
- Exposure to green bonds and ESG (Franklin Liberty Euro Green Bond UCITS ETF), and active fixed income (Franklin Liberty USD Investment Grade Corporate Bond UCITS ETF and Franklin Liberty Euro Short Maturity UCITS ETF)
- ETFs that provide exposure to the de-carbonisation goals of the Paris Climate Agreement (Franklin S&P 500 Paris Aligned Climate UCITS ETF and Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF)
- Emerging Markets access at a low cost (Franklin FTSE Brazil UCITS ETF, Franklin FTSE China UCITS ETF, Franklin FTSE Korea UCITS ETF and Franklin FTSE India UCITS ETF)
- A smart beta suite composed of regional multi-factor and dividend ETFs (Franklin LibertyQ AC Asia ex Japan UCITS ETF, Franklin LibertyQ Emerging Markets UCITS ETF, Franklin LibertyQ European Dividend UCITS ETF, Franklin LibertyQ European Equity UCITS ETF, Franklin LibertyQ Global Dividend UCITS ETF, Franklin LibertyQ Global Equity SRI UCITS ETF and Franklin LibertyQ U.S. Equity UCITS ETF)
The announcement follows successful listings and registrations of the Franklin LibertySharesTM ETF range in the U.S., Canada, Mexico, UK, Germany, Italy, Switzerland, Austria, Denmark, Finland, Sweden and most recently France.
Caroline Baron, Head of ETF Business Development EMEA, Franklin Templeton, said: “We are seeing significant demand for ETF solutions within the Spanish market, with large institutions such as private banks, discretionary fund managers and family offices wanting targeted, competitively priced exposure to investments such as ESG, smart beta and single-country emerging markets
“Therefore, registering our UCITS ETF range in Spain is a natural step for us to expand our European ETF platform. It is also opportune as the Spanish market is exhibiting good levels of growth and has experienced investors who understand the benefits of using ETFs. As the pressure on costs continues to prevail and demand for ESG keeps rising, we believe appetite for ETFs will keep increasing.”
Javier Villegas, Head of Distribution Iberia, Franklin Templeton, added: “We are excited that our competitively priced and comprehensive Franklin LibertyQ UCITS ETF range has been registered in Spain. This registration will give our Spanish clients the ability to utilise our ETF range as a component of a diversified portfolio, complementing our traditional active fund management solutions.”
Passive ETFs: Emerging Markets focus
Building on Franklin Templeton’s strong and extensive emerging markets heritage, with over $943 billion managed across the firm in emerging markets assets, Franklin FTSE Brazil UCITS ETF, Franklin FTSE China UCITS ETF, Franklin FTSE Korea UCITS ETF and Franklin FTSE India UCITS ETF are market-cap weighted, emerging markets country UCITS ETFs, offering the lowest total expense ratios (TER) at 0.19% and 0.09% in Europe (TER is on average 57% lower than other emerging markets country UCITS ETFs4) for their respective categories.
Active ETFs: focus on Green Bond
The Franklin Liberty Euro Green Bond UCITS ETF is Europe’s first actively-managed Euro Green bond ETF with TER of 0.30%, which provides exposure to bonds supporting low-carbon projects as well as to the broader European green bond market whilst maximising total returns. This active ETF invests at least 75% of its net assets in green-labelled bonds, with the remaining balance made up of climate-aligned bonds.
And two fixed income focused funds, which invest primarily in U.S. dollar denominated corporate debt securities issued by U.S. and foreign companies and Euro-denominated short-term debt securities and investments, respectively, are part of the offering:
- Franklin Liberty USD Investment Grade Corporate Bond UCITS ETF
- Franklin Liberty Euro Short Maturity UCITS ETF
Smart Beta Multi-factor ETFs
The smart beta suite offers seven ETFs covering emerging markets, U.S., European, Asian and global equity strategies, two of which have a dividend focus. The Franklin LibertyQ UCITS Smart Beta ETF range consists of seven multi-factor equity funds, which have a specific focus on quality and value factors, but also encompass low volatility and momentum:
- Franklin LibertyQ AC Asia ex Japan UCITS ETF
- Franklin LibertyQ Emerging Markets UCITS ETF
- Franklin LibertyQ European Dividend UCITS ETF
- Franklin LibertyQ European Equity UCITS ETF
- Franklin LibertyQ Global Dividend UCITS ETF
- Franklin LibertyQ Global Equity SRI UCITS ETF
- Franklin LibertyQ U.S. Equity UCITS ETF
Paris Aligned Climate ETFs
The product suite also offers European investors sustainable, low cost and core diversified European and U.S. equity exposure, consistent with the transition to a low carbon economy, while ensuring portfolios are fully aligned with the de-carbonisation goals of the Paris Climate Agreement.
- Franklin S&P 500 Paris Aligned Climate UCITS ETF
- Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF
The ETFs are listed on the Deutsche Börse, the London Stock Exchange, Borsa Italiana, Swiss Stock Exchange SIX, and Euronext Amsterdam, thus making them available for both Euro and Sterling denominated trading but also in U.S. dollars where relevant.
Franklin LibertySharesTM Franklin Templeton’s global ETF platform, enables investors to pursue their desired outcomes through a range of active, smart beta and passive ETFs. Supported by the strength and resources of one of the world’s largest asset managers, the global ETF platform has more than US $12.8 billion in assets under management globally as of 30 November 2021.
- ENDS –
For more information on the Franklin LibertySharesTM ETF range please visit: https://www.franklintempleton.com.es
| Fund Name | ISIN | Primary Ticker | Total Expense Ratio (TER) % | SFDR |
|---|---|---|---|---|
| Fund Name (smart beta ETFs) | ||||
| Franklin LibertyQ AC Asia ex Japan UCITS ETF | IE00BFWXDV39 | FVSJ | 0.40% | |
| Franklin LibertyQ Emerging Markets UCITS ETF | IE00BF2B0K52 | FLXE | 0.45% | |
| Franklin LibertyQ European Dividend UCITS ETF | IE00BF2B0L69 | FLXD | 0.25% | |
| Franklin LibertyQ European Equity UCITS ETF | IE00BFWXDW46 | FVUE | 0.25% | |
| Franklin LibertyQ Global Dividend UCITS ETF | IE00BF2B0M76 | FLXX | 0.45% | |
| Franklin LibertyQ Global Equity SRI UCITS ETF | IE00BF2B0N83 | FLXG | 0.40% | Article 8 |
| Franklin LibertyQ U.S. Equity UCITS ETF | IE00BF2B0P08 | FLXU | 0.25% | |
| Fund Name (active fixed income ETFs) | ||||
| Franklin Liberty Euro Green Bond UCITS ETF | IE00BHZRR253 | FLRG | 0.30% | Article 9 |
| Franklin Liberty USD Investment Grade Corporate Bond UCITS ETF | IE00BFWXDX52 | FVUI | 0.35% | |
| Franklin Liberty Euro Short Maturity UCITS ETF | IE00BFWXDY69 | FVSH | 0.05%* | Article 8 |
| Fund Name (passive ETFs) | ||||
| Franklin FTSE Brazil UCITS ETF | IE00BHZRQY00 | FLXB | 0.19% | |
| Franklin FTSE China UCITS ETF | IE00BHZRR147 | FLXC | 0.19% | |
| Franklin FTSE India UCITS ETF | IE00BHZRQZ17 | FLXI | 0.19% | |
| Franklin FTSE Korea UCITS ETF | IE00BHZRR030 | FLXK | 0.09% | |
| Fund Name (Paris Aligned Climate ETFs) | ||||
| Franklin S&P 500 Paris Aligned Climate UCITS ETF | IE00BMDPBZ72 | USPA | 0.07%** | Article 9 |
| Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF | IE00BMDPBY65 | PARI | 0.15% | Article 9 |
* The total expense ratio (TER) for the Franklin Liberty Euro Short Maturity UCITS ETF was lowered by 10 basis points to 5 basis points effective until 30 June 2022.
** The total expense ratio (TER) for the Franklin S&P 500 Paris Aligned Climate UCITS ETF was lowered by 8 basis points to 7 basis points effective until 31 May 2022.
Contacts:
| Ines Calvo-Sotelo Marketing Manager Tel: XXX Email: [email protected] |
Saira Khan Senior Corporate Communications Manager Tel: +44 20 7073 8644 Email: [email protected] |
Notes to Editors:
- Franklin Resources, Inc. [NYSE:BEN] is a global investment management organisation with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience and over $1.5 trillion in assets under management as of November 30, 2021. For more information, please visit https://www.franklintempleton.com.es/ and follow us on LinkedIn, Twitter and Facebook.
- Franklin LibertySharesTM, the firm’s global ETF platform, enables investors to pursue their desired outcomes through a range of active, smart beta and passive ETFs. LibertySharesTM has more than $12.8 billion in assets under management globally as of November 30, 2021 and is supported by the strength and resources of one of the world’s largest asset managers. For more information, please visit https://www.franklintempleton.com.es/
Franklin FTSE Brazil UCITS ETF, Franklin FTSE China UCITS ETF, Franklin FTSE Korea UCITS ETF, Franklin FTSE India UCITS ETF, Franklin Liberty Euro Green Bond UCITS ETF, Franklin Liberty USD Investment Grade Corporate Bond UCITS ETF, Franklin Liberty Euro Short Maturity UCITS ETF, Franklin LibertyQ AC Asia ex Japan UCITS ETF, Franklin LibertyQ Emerging Markets UCITS ETF, Franklin LibertyQ European Dividend UCITS ETF, Franklin LibertyQ European Equity UCITS ETF, Franklin LibertyQ Global Dividend UCITS ETF, Franklin LibertyQ Global Equity SRI UCITS ETF, Franklin LibertyQ U.S. Equity UCITS ETF, Franklin S&P 500 Paris Aligned Climate UCITS ETF and Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF are sub-funds of the Franklin LibertyShares ICAV, an Irish Collective Asset-managed Vehicle, incorporated under the laws of Ireland.
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 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. Past performance is not an indicator or a guarantee of future performance. 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, please refer to the "Risk Considerations" section of the current prospectus of Franklin LibertySharesTM ICAV.
Franklin LibertySharesTM UCITS ETFs (domiciled outside of the U.S. or Canada) may not be directly or indirectly offered or sold to residents of the United States of America or Canada. ETFs trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF expenses will reduce returns. - Source: Franklin Templeton as of September 30, 2021. This figure represents Franklin Templeton’s holdings / security totals and any restructured products sub-advised by Legg Mason’s sophisticated investment managers invested in emerging markets. It does not represent Legg Mason holdings.
- Source: Franklin Templeton analysis of Morningstar’s emerging markets country UCITS ETFs as of December 2021.