NAV 1
€25.81
NAV Change 1
€0.00
(0.00%) Morningstar Overall Rating™
Overall Morningstar Rating
Rating Category: EUR Ultra Short-Term Bond
Morningstar Style Box
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 412 |
| Years | 5 |
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| Number of Funds In Category | 364 |
| Years | 10 |
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| Number of Funds In Category |
Franklin Templeton ICAV and its sub-funds shown on the following page are only available for investors in Austria, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Spain, Sweden, Switzerland and the UK. By proceeding to the following page, I confirm that I am a resident in one of these countries.
Important Information
Franklin Templeton ICAV and its sub-funds shown on the following page are only available for investors in Austria, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Spain, Sweden, Switzerland and the UK. By proceeding to the following page, I confirm that I am a resident in one of these countries.
This is a marketing communication. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.
Overview
- Fund Description
- Sustainability-related Disclosures
- Registered Countries
- What Are The Key Risks?
Fund Description
To seek to maximise income and growth of capital (total return) in the Euro-denominated short-term bond market. The Fund mainly invests in investment grade corporate and government bonds with a short maturity and denominated in EUR. These investments may be from anywhere in the world.
Sustainability-related Disclosures
The Fund promotes environmental and social characteristics in accordance with Article 8 of the Sustainable Finance Disclosure Regulation (the “SFDR”).
In its implementation of the Fund’s ESG strategy, the Investment Manager avoids investment in issuers that are lagging in the transition to support a low-carbon economy.
The Fund’s environmental or social characteristics are assessed both quantitatively and qualitatively, by means of sustainability indicators as well as of the Investment Manager’s proprietary ESG ratings system and its research and engagement process further described in the Website disclosure’s dedicated sections. As part of its investment decision making process, the Fund’s ESG strategy also uses binding criteria for the selection of underlying assets and applies specific ESG exclusions.
Finally, the Fund has a minimum allocation of 11% of its portfolio to sustainable investments. The Fund ensures that its sustainable investments do not cause significant harm to any environmental or social sustainable investment objective.
Registered Countries
Registered Countries
Austria
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Netherlands
Spain
Sweden
Switzerland
United Kingdom
What Are The Key Risks?
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. 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 to this Fund, please refer to the “Risk Considerations” section of the current prospectus of Franklin Templeton ICAV.
- The Fund invests primarily in short-term investment grade debt securities denominated in Euros while aiming to maintain capital preservation and liquidity. Such securities have historically proven to present some stability over time and have benefitted from limited exposure to interest rates and movements in the bond market. As a result, the performance of the Fund can fluctuate to a small degree over time.
- Other significant 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.
Credit risk: the risk of loss arising from default that may occur if an issuer fails to make principal or interest payments when due. This risk is higher if the Fund holds low-rated, sub-investment-grade securities.
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.
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 NAV per Share when buying shares or may receive less than the current NAV per Share when selling shares.
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Portfolio Managers
Performance
- Discrete Annual Returns
- Cumulative Total Returns
- Average Annual Total Returns
- Calendar Year Returns
- Risk Measures
Discrete Annual Returns
Cumulative Total Returns
Average Annual Total Returns
Calendar Year Returns
Risk Measures
Portfolio
Portfolio Allocations
- Geography
- Sector
- Credit Quality
Geography
Sector
Credit Quality
Portfolio Holdings
Distributions & Tax
Pricing
Documents
Regulatory Documents
Prospectus - Franklin Templeton ICAV (ETF)
Semi Annual Report - Exchange Traded Funds (ETF)
Global Supplement - Franklin Templeton ICAV (ETFs)
Supplement - Franklin Euro Short Maturity UCITS ETF
Annual Report (full) - Franklin Templeton ICAV (ETF)
Key Investor Information Document - Franklin Euro Short Maturity UCITS ETF SINGLCLASS,(Dis)
Annual Report (full) - Franklin Templeton ICAV (ETF)
Important Information
This fund meets the requirements under Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR); the fund has binding commitments in its investment policy to promote environmental and/or social characteristics and any companies in which it invests should follow good governance practices.
Further information in relation to the sustainability-related aspects of the Fund can be found at franklintempleton.lu/SFDR. Please review all of the fund's objectives and characteristics before investing.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indices are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Issued in Ireland by Franklin Templeton International Services S.à r.l.
Footnotes
Net Asset Value (NAV) represents an ETF's per-share-value. The NAV per share is determined by dividing the total NAV of the Fund by the number of shares outstanding.
The Distribution Yield is based on the most recent month’s distribution and shown as an annualized percentage as of the date shown. It does not include any preliminary charge and investors may be subject to tax on distributions. Information is historical and may not reflect current or future distributions.
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.
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.
All charges will be paid out by the Fund, which will impact on the overall return of the Fund.The Dividend Yield quoted here is the yield on securities within the Fund’s portfolio and should not be used as an indication of the income received from this portfolio.
The average credit quality (ACQ) rating may change over time. The portfolio itself has not been rated by an independent rating agency. The letter rating, which may be based on bond ratings from different agencies (or internal ratings for unrated bonds, cash and equivalents), is provided to indicate the average credit rating of the portfolio's underlying investments and generally ranges from AAA (highest) to D (lowest). For unrated bonds, cash and equivalents, ratings may be assigned based on the ratings of the issuer, the ratings of the underlying holdings of a pooled investment vehicle, or other relevant factors. The ACQ is determined by assigning a sequential integer to all credit ratings AAA to D, taking a simple, asset-weighted average of investments by market value and rounding to the nearest rating. The risk of default increases as a bond's rating decreases, so the ACQ provided is not a statistical measurement of the portfolio’s default risk because a simple, weighted average does not measure the increasing level of risk from lower-rated bonds. The ACQ may be lower if cash and equivalents are excluded from the calculation. The ACQ is provided for informational purposes only.
Duration is the measure of the sensitivity of the price of a fixed-income investment to a change in interest rates, and is expressed as a number of years. Duration Contribution is the duration of the sector multiplied by the sector's percent of total.