Franklin Templeton launches FTSE developed world ETF for European Investors

• New passive ETF gives investors access to more than 2,000 stocks across 25 developed economies and 40% of world GDP as part of a diversified global portfolio
• At 9 basis points, this ETF benefits from developed market equity growth and can form the core of an investor’s portfolio

London, 24 June 2024 – Franklin Templeton¹ is pleased to announce the launch of its new Franklin FTSE Developed World UCITS ETF² This offering is the first world index tracking ETF in the Franklin Templeton ETF range and brings the total number of its indexed ETFs to twenty one.

The Franklin FTSE Developed World UCITS ETF invests in large and mid-capitalisation stocks in developed markets globally. It is passively managed and tracks the performance of the FTSE Developed Index-NR (Net Return), a market-capitalisation weighted index representing the performance of large and mid-cap companies in developed markets.

Caroline Baron, Head of ETF Distribution, EMEA, Franklin Templeton, said: “We are pleased to offer this new, low-cost, index tracking developed market UCITS ETF to European investors. With just one trade, investors can now access more than 2,000 stocks across 25 developed economies as part of a broad diversified, global portfolio. Drawing nearly $20 billion in ETF flows in 2023³, developed markets account for 40% of the world’s GDP and 74% of global equity market capitalisation⁴, making this strategy an attractive equity allocation for our clients.”  

The Franklin FTSE Developed World UCITS ETF² will list on the Deutsche Börse Xetra (XETRA) and London Stock Exchange (LSE) on 25 June 2024, and the Borsa Italiana on 26 June 2024. It is registered in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Spain, Sweden and the United Kingdom.

Competitive fees

The new ETF will provide European investors with cost-efficient, UCITS-compliant, developed market equity exposure at one of the lowest total expense ratios (TER⁵) at 0.09% in Europe for its respective category.

Matthew Harrison, Head of Americas (ex-US), Europe & UK, Global Advisory Services, Franklin Templeton, said: “Franklin Templeton is delighted to be expanding its ETF product range with the launch of this new developed market ETF, thus offering investors more choice. This new passive ETF offers international and highly diversified equity exposure and can provide the core equity building block within an investor’s allocation. Such building blocks are essential for model portfolios based on ETFs, which are witnessing significant growth in Europe.”

This ETF will be managed by Dina Ting, Head of Global Index Portfolio Management, and Lorenzo Crosato, ETF Portfolio Manager, Franklin Templeton, who have more than three decades of combined experience in the asset management industry and extensive track records in managing ETF strategies.

Franklin Templeton’s global ETF platform enables investors to pursue their desired outcomes through a range of indexed and active ETFs. Supported by the strength and resources of one of the world’s largest asset managers, the global ETF platform has approximately $26 billion in assets under management globally as of 31 May 2024.

For more information on the Franklin Templeton ETF range please visit: www.franklintempleton.co.uk.

- ENDS -

 

Stock Exchanges
		Xetra Ticker	LSE Tickers		Borsa Italiana Ticker
Fund Name	ISIN	EUR	USD	GBP	EUR
Franklin FTSE Developed World UCITS ETF	IE000CVOSY02	DWLD	DWLD	WORL	WORLD

Contacts:

Alina Ulkina Corporate Communications Manager Franklin Templeton Tel: +44 790 090 0184 Email: [email protected]

Dorine Johnson Head of Corporate Communications EMEA Franklin Templeton Tel: + 44 207 073 8538 Email: [email protected]

Notes to Editors:

This is a marketing communication. Please refer to the prospectus of the UCITS and to the KIID/KID before making any final investment decisions.

1. Franklin Resources, Inc. [NYSE:BEN] is a global investment management organisation with subsidiaries operating as Franklin Templeton and serving clients in over 150 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 offers specialisation on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of 31 May 2024. For more information, please visit www.franklintempleton.co.uk and follow us on LinkedIn, X, and Facebook.
2. Franklin FTSE Developed World UCITS ETF is a sub-fund of the Franklin Templeton ICAV, an Irish Collective Asset-managed Vehicle, incorporated under the laws of Ireland.
3. Morningstar, December 2023.
4. Calculations by Franklin Templeton’s Global Research Library with data sourced from FactSet, International Monetary Fund. As of October 22, 2023.

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 Templeton ICAV range entails risks, which are described in the prospectus, its supplements and in the relevant Key Investor Information Document. The Fund's documents are available in English, German and French from your local website. In addition, a Summary of Investor Rights is available from www.franklintempleton.lu/investor-rights. Franklin Templeton ICAV is notified for marketing in multiple EU Member States under the UCITS Directive. Franklin Templeton ICAV can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 93a of the UCITS Directive.

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. Significant fund 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. 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. Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations. 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. For full details of all the risks applicable, please refer to the "Risk Considerations" section of the current prospectus of Franklin Templeton ICAV.

Franklin Templeton ICAV 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.

5. The charges are the fees the fund charges to investors to cover the costs of running the Fund. Additional costs, including transaction fees, will also be incurred. These costs are paid out by the Fund, which will impact on the overall return of the Fund. Fund charges will be incurred in multiple currencies, meaning that payments may increase or decrease as a result of currency exchange fluctuations.

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.

Please consult your financial advisor before deciding to invest.

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