Franklin Templeton to Rename European ETF Platform for Stronger Brand Alignment

Franklin Templeton to Rename European ETF Platform for Stronger Brand Alignment
 

London, 6 December 2022 – Franklin Templeton¹ is pleased to announce that it will rename its Dublin-domiciled UCITS range offered to European investors. This will entail removing the LibertyShares, Liberty and LibertyQ naming conventions from 10 ETFs and the overall platform, effective 1 December 2022. Hence, the UCITS range will change its name to Franklin Templeton ICAV. While the fund names will change, the investment objective and strategy of the impacted sub-funds will remain unchanged.

Caroline Baron, Head of ETF Distribution, EMEA, Franklin Templeton commented: “While we are proud of the growth and evolution of our UCITS range, we welcome the new naming conventions, which are aligned more closely to Franklin Templeton’s rich 75-year history as one of the world’s largest global asset managers.”

Franklin Templeton has significantly expanded its ETF business in Europe since 2017. Today, its UCITS ETF range consists of 20 competitively priced ETFs (covering smart beta, active, passive, sustainable and most recently, thematic ETFs), which are listed across Europe’s three main stock exchanges and registered in additional seven European countries. The ETF team has also increased its footprint in Europe with 10 new hires across six markets in the last two years.

Baron continued: “In September this year, we celebrated the fifth anniversary of our UCITS ETF range and are proud of key milestones we’ve accomplished. This year alone, we launched four new ETFs for European investors, and we were pleased that Franklin Templeton was one of the top 10 ETF asset gatherers in Europe³. Our ambition is certainly to be a top 10 ETF provider for European clients, and we believe we are strongly positioned for the future to grow even further in this region. Our clients value our innovative offering, which leverages the firm’s heritage as a pioneer in emerging markets and fixed income.”

Franklin Templeton’s global ETF platform enables investors to pursue their desired outcomes through a range of active, smart beta and passive ETFs. Supported by the strength and resources of one of the world’s largest asset managers, the global ETF platform has over $12 billion in assets under management globally as of 31 October 2022.

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

Fund name change details:

Current ETF Name	Revised ETF Name
Franklin LibertyQ U.S. Equity UCITS ETF4	Franklin U.S. Equity UCITS ETF
Franklin LibertyQ Global Dividend UCITS ETF	Franklin Global Dividend UCITS ETF
Franklin LibertyQ European Dividend UCITS ETF	Franklin European Dividend UCITS ETF
Franklin LibertyQ Global Equity SRI UCITS ETF	Franklin Global Equity SRI UCITS ETF
Franklin LibertyQ European Equity UCITS ETF	Franklin European Equity UCITS ETF
Franklin LibertyQ Emerging Markets UCITS ETF	Franklin Emerging Markets UCITS ETF
Franklin Liberty Euro Short Maturity UCITS ETF	Franklin Euro Short Maturity UCITS ETF
Franklin Liberty Euro Green Bond UCITS ETF	Franklin Euro Green Bond UCITS ETF
Franklin Liberty USD Investment Grade Corporate Bond UCITS ETF	Franklin USD Investment Grade Corporate Bond UCITS ETF
Franklin Liberty AC Asia ex Japan UCITS ETF	Franklin AC Asia ex Japan UCITS ETF

–  ENDS –

Contacts:

Alina Ulkina Corporate Communications Manager Franklin Templeton Cannon Place, 78 Cannon Street London EC4N 6HL Tel: 0207 073 8541 Email: [email protected]

Dorine Johnson Head of Corporate Communications EMEA Franklin Templeton Cannon Place, 78 Cannon Street London EC4N 6HL Tel: +44 7919532079 Email: [email protected]

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

1. Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 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 boutique specialization on a global scale, bringing extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.3 trillion in assets under management as of 31 October, 2022. For more information, please visit www.franklintempleton.co.uk and follow us on LinkedIn, Twitter and Facebook.

2. Franklin Templeton’s global ETF platform enables investors to pursue their desired outcomes through a range of active, smart beta and passive ETFs. The platform has over $12 billion in assets under management globally as of 31 October 2022 and is supported by the strength and resources of one of the world’s largest asset managers. For more information, please visit https://www.franklintempleton.co.uk.
3. Morningstar data as of 31 October 2022.
4. Franklin U.S. Equity UCITS ETF, Franklin Global Dividend UCITS ETF, Franklin European Dividend UCITS ETF, Franklin Global Equity SRI UCITS ETF, Franklin European Equity UCITS ETF, Franklin Emerging Markets UCITS ETF, Franklin Euro Short Maturity UCITS ETF, Franklin Euro Green Bond UCITS ETF, Franklin USD Investment Grade Corporate Bond UCITS ETF and Franklin AC Asia ex Japan UCITS ETF are sub-funds of the Franklin Templeton ICAV, an Irish Collective Asset-managed Vehicle, incorporated under the laws of Ireland. 
   
   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. 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.

Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes and is provided to you only incidentally.

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.

Issued by Franklin Templeton Investment Management Limited (FTIML). FTIML is authorised and regulated in the United Kingdom by the Financial Conduct Authority.

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