Franklin Templeton launches four new ETFs

Franklin Templeton has launched four new UCITS ETFs designed to provide investors with targeted access to the US equity market.

The four funds are the Franklin S&P 500 Information Technology UCITS ETF, Franklin S&P 500 Financials UCITS ETF2, Franklin S&P 500 Consumer Discretionary UCITS ETF2 and Franklin S&P 500 Communication Services UCITS ETF.

Franklin Templeton confirmed that all four ETFs will list on the Deutsche Börse Xetra today (12 May) followed by Borsa Italiana and the London Stock Exchange listing on Friday (14 May). They will be registered for distribution in the UK as well as in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Spain, and Sweden.

The new ETFs will be managed by head of global index portfolio management, Dina Ting, and ETF portfolio managers, Lorenzo Crosato and Dave McGown, who have more than three decades of combined experience in the asset management industry and proven track records in managing ETF strategies.

Head of EMEA and Americas at Frankling Templeton, Matthew Harrison, commented: “Investors are increasingly looking beyond broad market exposure toward more targeted allocation decisions.

“These sector ETFs provide precise, transparent and cost-efficient access to key areas of the US equity market. The S&P 500 Capped 35/20 sector indices help manage concentration risk by applying clear limits to the largest constituents, supporting more deliberate portfolio construction and risk management.”

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