Franklin Templeton launches two new core UCITS ETFs for UK and European investors

• Franklin S&P 500 Screened UCITS ETF and Franklin S&P World Screened UCITS ETF offer investors unique low tracking error, US equity and global equity allocations
• Both indexed ETFs are classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR)

London, 15 April 2025 – Franklin Templeton¹ is pleased to announce the launch of two new article 8² indexed ETFs, the Franklin S&P 500 Screened UCITS ETF³ and the Franklin S&P World Screened UCITS ETF³. This offering is a further addition to the suite of index tracking ETFs in the Franklin Templeton ETF range and brings the total number of UCITS ETFs classified as either article 8 or 9 to 17.  The new ETFs will list on the Deutsche Börse (XETRA) on 16 April 2025, London Stock Exchange (LSE) and Euronext Paris on 17 April 2025, and the Borsa Italiana on 24 April 2025.  They are now registered for distribution in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Spain, Sweden and the United Kingdom.

The Franklin S&P 500 Screened UCITS ETF and the Franklin S&P World Screened UCITS ETF will invest in large and mid-capitalisation stocks in the US and globally respectively. The new ETFs will track the S&P 500 Guarded Index⁴ and the S&P Guarded World⁴ index, which provide a screened equity exposure with an enhanced ESG profile and a focus on minimising performance deviation to their respective parent index (the S&P 500 Index and the S&P World Index), thus providing core low tracking error allocations.

Caroline Baron, Head of ETF Distribution, EMEA, Franklin Templeton, commented: “These new ETFs offer a cost-efficient and transparent way to access core equity exposures with enhanced ESG profiles and reduced carbon footprint, keeping a tight tracking to traditional core indices. These ETFs would be suitable for investors looking to invest in core exposures that are article 8 compliant and those seeking a tight tracking versus the traditional benchmarks such as S&P 500 and S&P World. These ETFs could be used with traditional core solutions to complement them for example.”

London-based Lotfi Ladjemi, Vice President, ETF Distribution, added: The Franklin S&P 500 Screened UCITS ETF and Franklin S&P World Screened UCITS ETF have been developed to support strategic asset allocation needs, offering cost-efficient, sustainable access to screened benchmark indices. These ETFs align with the growing investor focus on integrating ESG considerations without compromising on index performance.”

Key Features of the Franklin S&P 500 Screened UCITS ETF and the Franklin S&P World Screened UCITS ETF

• Market-like returns: The ETFs are constructed to provide broad diversified market coverage with some exclusions and relative weighting constraints targeting market-like returns with a low tracking error relative to the S&P 500 and S&P World Index respectively.
• Tangible ESG targets: The two new funds target a minimum 10% improvement in carbon intensity and a 10% minimum improvement in ESG rating versus their parent indices.
• Business exclusions: Companies involved in controversial businesses such as thermal coal, tobacco, controversial weapons and military arms are excluded as well as those companies which have been involved in serious ESG or UN Global Compact related controversies.
• Cost-efficiency: These article 8 ETFs are priced competitively at 0.09%⁵ (Franklin S&P 500 Screened UCITS ETF) and 0.14%⁵ (Franklin S&P World Screened UCITS ETF), making them attractive options for investors looking for a cost-effective article 8 solution.

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

Rafaelle Lennox, Head of UCITS ETF Product Strategy, Franklin Templeton, said: "We are pleased to have collaborated with S&P in the creation of this unique index range, the S&P Guarded index family. These indices achieve two objectives which include an enhanced ESG and lower carbon emission profile while maintaining minimal performance deviation from the parent indices, S&P 500 and S&P World respectively.  This is unique in the market and supports our clients' evolving needs.”

Franklin Templeton’s global ETF platform enables investors to pursue their desired investment 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 $35 billion in assets under management as of 31 March 

2025.

		Xetra Ticker	LSE Tickers		Borsa Italiana Ticker	Euronext Paris Ticker
Fund Name	ISIN	EUR	USD	GBP	EUR	EUR
Franklin S&P World 500 Screened UCITS ETF	IE0006FAD976	FSPU	SP5S	SPXG	US500	US500
Franklin S&P World Screened UCITS ETF	IE0006WOV4I9	FSPW	SPWR	SPWG	GLOBE	GLOBE

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

-Ends-

Contacts:

Oliver Trenk  Sr. Regional Corporate Communications Manager Franklin Templeton Tel: +49 69 27223-718 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 approximately $1.53 trillion in assets under management as of 31 March 2025. For more information, please visit www.franklintempleton.co.uk and follow us on LinkedIn, X, and Facebook.
2. Franklin S&P 500 Screened UCITS ETF and Franklin S&P World UCITS ETF are sub-funds of the Franklin Templeton ICAV, an Irish Collective Asset-managed Vehicle, incorporated under the laws of Ireland.
3. These funds have been classified as Article 8 under the Regulation on sustainability related disclosures in the financial services sector (EU) 2019/2088. These are Funds which have an ESG integration approach and, in addition, have binding environmental and/or social characteristics in their investment process. Further information in relation to the sustainability-related aspects of the Fund can be found at franklinresources.com/countries. Please review all of the fund's objectives and characteristics before investing.

For UK Investors: These products are based overseas and is not subject to UK sustainable investment labelling and disclosure requirements.

4. The S&P Guarded Indices measure the performance of eligible securities from an underlying index, selected and weighted in an attempt to collectively enhance ESG profiles and reduce the carbon footprint with respect to the underlying index. The indices apply exclusions based on companies’ involvement in specific business activities, performance concerning the principles of the United Nations Global Compact (UNGC) and involvement in relevant ESG controversies.

The Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Franklin Templeton. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by Franklin Templeton. The Sub-Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Sub-Fund or any member of the public regarding the advisability of investing in securities generally or in the Sub-Fund particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to Franklin Templeton with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed and

calculated by S&P Dow Jones Indices without regard to Franklin Templeton or the Sub-Fund. S&P Dow Jones Indices has no obligation to take the needs of Franklin Templeton or the owners of the Sub-Fund into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of the Sub-Fund or the timing of the issuance or sale of the Sub-Fund or in the determination or calculation of the equation by which Sub-Fund is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Sub-Fund. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. For more information, pls visit: FAQ: S&P Guarded Indices

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.

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.

Key Risks: The Fund intends to track the performance of large capitalisation stocks in developed markets globally. 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. Funds are subject to the following risks which are materially relevant: Index Tracking Risk: No financial instrument or set of investment techniques enables the returns of any Index to be reproduced or tracked exactly. Changes in the investments of any Sub-Fund and re-weightings of the relevant Index may give rise to various transaction costs, operating expenses or inefficiencies which may adversely impact a Sub-Fund's tracking of an Index. Index License Risk: To utilise an Index, the Fund may need to have a licence agreement signed with the Index Provider. If, at any time in respect of an Index, the licence granted terminates or is disputed, impaired or ceases to exist, the Directors may be forced to replace the Index with another Index. Such a substitution or any delay in such a substitution may have an adverse impact on the Sub-Fund. Passive Investment Risk: An Index Tracking Sub-Fund will be negatively affected by general declines in the securities and asset classes represented in its Index. Because Index Tracking Sub-Funds are not “actively” managed, market disruptions and regulatory restrictions could have an adverse effect on an Index Tracking Sub-Fund's ability to adjust its exposure to the required levels. Sustainability Risk: The fund's integration of sustainability risks in the investment decision process may have the effect of excluding profitable investments from the investment universe of the fund and may also cause the fund to sell investments that will continue to perform well. A sustainability risk could materialise due to an environmental, social or governance event or condition which may impact the fund's investments and negatively affect the returns of the fund. 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.

For a full discussion of all the risks applicable to this Fund, 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.

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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