Franklin Templeton expands active ETF range with Putnam Investments’ first active UCITS ETF

Firm’s fourth active US equity ETF builds on growing demand for Putnam’s investment capabilities in the UK

London – 14 October 2026 – Franklin Templeton¹, a global investment leader, today announced the launch of the Franklin Putnam Focused US Research UCITS ETF², Putnam Investments’ first actively managed ETF in the UK. The ETF will list on the London Stock Exchange (LSE) on 15^th October 2026.

The launch builds on the strong momentum for Putnam’s investment capabilities in the UK and follows the recent launch of the FTGF Putnam Global Research Fund³. Both new products draw on Putnam’s distinctive, stock-driven investment approach, combining deep fundamental research, collaboration across sector specialists and disciplined portfolio construction. While the Global Research Fund combines the strength of Putnam’s US Research strategy with Putnam’s non-US research expertise in a global portfolio, the new ETF provides access to a more concentrated portfolio of the investment team’s highest-conviction US equity ideas.

Harry Reeves, Head of UK Wholesale commented: “Many UK investors are beginning to turn to active ETFs to access flexible and cost-efficient investment products. With US equities continuing to play a central role in investor portfolios, we believe there is a compelling opportunity for strategies that look beyond index exposure and focus on identifying individual companies with strong long-term potential.

“The launch of the Franklin Putnam Focused US Research UCITS ETF gives UK investors access to Putnam’s established fundamental research capabilities through a concentrated, high-conviction portfolio. It further strengthens our investment offering in the UK, giving clients greater choice in how they access our investment capabilities across asset classes and investment vehicles.”

High-conviction US large-cap core equity strategy in an active ETF wrapper

The Franklin Putnam Focused US Research UCITS ETF will invest in 30-45 stocks representing the investment team’s highest-conviction ideas from the broader US Research Strategy, which has outperformed the S&P 500 Index in 7 out of the last 8 years⁴ across in both growth- and value-driven markets.

Experienced managers partner with industry specialists to develop high-conviction ideas through rigorous fundamental research, which are combined into a concentrated equity portfolio. The integrated risk management sleeve is implemented by Matt LaPlant, CFA, to mitigate any factor or style tilts.

The ETF will be managed by Kate Lakin, Matt LaPlant, CFA, Jackie Cavanaugh, Robert Gray and Will Rives, CFA, who have an average of 22 years of investment industry experience.

Kate Lakin, Portfolio Manager, Putnam Investments, added: “The ETF draws on the deep sector expertise of our research team, with stock selection at the heart of the investment process. By focusing on our strongest ideas, we aim to generate excess returns while using disciplined risk management to limit factor or style exposures.”

Overview of the Putnam Research suite of products

Vehicle name	FTGF Putnam US Research Fund	FTGF Putnam Global Research Fund	Franklin Putnam Focused US Research UCITS ETF
Number of holdings	90-150	150-200	30-45
Portfolio Manager	Kate Lakin, Matt LaPlant, CFA	Kate Lakin, Matt LaPlant, CFA, Vivek Gandhi, CFA, David Morgan	Kate Lakin, Matt LaPlant, CFA, Jackie Cavanaugh, Robert Gray, Will Rives, CFA
Benchmark	S&P 500	MSCI World Index	S&P 500
EU SFDR Category	Article 8	Article 8	Article 8
ISIN	IE00B19ZB219	IE000Y37MEU7	IE000JKWOG61

About Franklin Templeton ETFs

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 $84 billion in assets under management globally as of September 2026.

		Total Expense Ratio (TER)5	Xetra Ticker	LSE Tickers		Borsa Italiana Ticker
Fund Name	ISIN		EUR	USD	GBP	EUR
Franklin Putnam Focused US Research UCITS ETF	IE000JKWOG61	0.31*	PFUS	PFUS	PFRU	FOCUS

* TER Up to 0.39% per annum of the Net Asset Value. However, until 30 September 2028 the TER is subject to a fee waiver of 0.08% of the Net Asset Value, with the result that the effective TER until that date will be up to 0.31% of the Net Asset Value per annum.  The waiver will expire on 1 October 2028. Further information is set out in the “Fees and Expenses” section of the Prospectus.

ENDS

Contacts:

Saira Khan Franklin Templeton Cannon Place, 78 Cannon Street London EC4N 6HL Tel: +44 20 7073 8644 Email: [email protected]

Shelly Durrant Franklin Templeton Cannon Place, 78 Cannon Street London EC4N 6HL Tel: +44 20 7073 8521 Email: [email protected]

Notes to Editors: 

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

1. Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. With $1.79 trillion in assets under management as of September 30, 2026, Franklin Templeton operates globally in more than 35 countries.

To learn more, visit franklintempleton.com and follow us on LinkedIn.

Franklin Templeton, Inc. [NYSE: BEN]

2. The listed UCITS ETF belong to the Franklin Templeton ICAV, an Irish Collective Asset-managed Vehicle, incorporated under the laws of Ireland  FTGF is an open-ended investment company with variable capital, organised as an undertaking for collective investment in transferable securities ('UCITS'). FTGF is authorised in Ireland by the Central Bank of Ireland.
3. The FTGF Putnam Global Research Fund is a sub-fund of the Franklin Templeton Global Funds plc range. The Franklin Putnam Focused US Research UCITS ETF is a sub-fund of the Franklin Templeton ICAV. Both funds are domiciled in Ireland.

This material is intended to be of general interest only and should not be construed as  individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. For the avoidance of doubt, if you make a decision to invest, you will be buying shares in the fund and will not be investing directly in the underlying assets of the fund.

Subscriptions to shares of the FTGF and ETF should only be made based on the Fund's current Prospectus or Supplement and, where available, the relevant KID/KIID, accompanied by the latest available audited annual report and the latest semi-annual report if published thereafter. These documents can be found on our website at franklintempleton.com/corporate/all-sites, for the FTGF obtained, free of charge, from FTGF's registered office at Riverside Two, Sir John Rogerson's Quay, Grand Canal Dock, Dublin 2, Ireland, or can be requested via FT's European Facilities Service which is available at www.eifs.lu/franklintempleton. The Fund's documents are available in English, French, German, Italian and Spanish for FTGF and English, German and French for the ETF.

In addition, a Summary of Investor Rights is available from www.franklintempleton.lu/summary-of-investor-rights. The summary is available in English.

The sub-funds of FTGF and the ICAV are notified for marketing in multiple EU Member States under the UCITS Directive. FTGF and the 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.

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: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements.

4. Source: Putnam Investments and eVestments as of June 30, 2026. US Large Cap Core Equity Universe
5. Total Expense Ratio (TER) includes the fees paid to the management company, the investment manager and the depository, as well as certain other expenses. The TER is calculated by taking the relevant main material costs paid out over the 12-month period indicated and dividing them by the average net assets over the same period. The TER does not include all expenses paid by the fund (for example, it does not include what the fund pays for buying and selling securities). For a comprehensive list of the types of costs deducted from fund assets, see the prospectus. For recent all-in annual costs, as well as hypothetical performance scenarios that show the effects that different levels of return could have on an investment in the fund, see the KID.

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.

Issued in Europe by Franklin Templeton International Services S.à r.l. – Supervised by the Commission de Surveillance du Secteur Financier – 8A, rue Albert Borschette, L-1246 Luxembourg. Tel: +352-46 66 67-1.

Copyright © 2026 Franklin Templeton. All rights reserved.