Franklin Templeton Investments today introduced its Franklin LibertySharesTM range in Zurich, with the launch of its first suite of smart beta ETFs…..
Patrick O’Connor, head of Global ETFs
The five equity smart beta ETFs will now also list on the Swiss Stock Exchange (SIX) after listings at the Milan Stock Exchange this year and Deutsche Börse (DB) and London Stock Exchange (LSE) last year.
“Our strategic goal, three years in the making, has been to build a world class global ETF platform. Following successful launches in the US and Canada, we are very excited to bring our Franklin LibertyShares™ ETF platform to more and more countries in Europe. While we are expanding our distribution efforts I am excited that we have now listed our funds on the Swiss Stock Exchange”, said Patrick O’Connor, Head of Global ETFs. “Those first five funds aim to help investors in Switzerland to achieve specific investment outcomes such as strong risk-adjusted returns, lower volatility and downside protection.” The Franklin LibertyQ UCITS ETF2 range will offer investors access to the custom Franklin LibertyQ indices. These indices are constructed by custom weighting four factors – quality, value, momentum and volatility – utilising an in-house custom proprietary model. The five funds are designed to seek higher risk adjusted returns and lower volatility than their investment universes.
The range includes three multi-factor equity funds which have a specific focus on quality stocks:
The Franklin LibertyQ Global Equity SRI UCITS ETF invests in stocks globally that are considered to be environmentally and socially responsible. It tracks the performance of the LibertyQ Global Equity SRI Index3 the constituents of which are selected from the MSCI AC World SRI Index3 using a multi-factor selection process with a focus on quality.
The Franklin LibertyQ U.S. Equity UCITS ETF invests in large and mid-capitalisation stocks in the U.S. and tracks the performance of the LibertyQ U.S. Large Cap Equity Index3 the constituents of which are selected from the Russell 1000® Index3 using a multi-factor selection process with a focus on quality.
The Franklin LibertyQ Emerging Markets UCITS ETF aims to provide higher riskadjusted returns and lower volatility over the longer-term than its investment universe, the MSCI Emerging Markets Index. The ETF tracks the LibertyQ Emerging Markets Index. The fund is the first emerging markets UCITS smart beta ETF in Europe to incorporate all four of these investment factors4: quality, value, momentum and volatility. It targets high quality emerging market stocks, attractively valued using momentum to identify investment trends and avoid value traps and low volatility to provide a defensive measure against downturns.
And two income focused funds which invest in stocks demonstrating high and persistent dividend income:
The Franklin LibertyQ Global Dividend UCITS ETF invests in high quality stocks globally. It tracks the performance of the LibertyQ Global Dividend Index3 the constituents of which are selected from the MSCI AC World ex-REITS Index3 using a dividend persistence and yield screen followed by a quality screen.
The Franklin LibertyQ European Dividend UCITS ETF invests in high quality stocks in developed countries in Europe. It tracks the performance of the LibertyQ European Dividend Index3 the constituents of which are selected from the MSCI Europe IMI ex REITS Index3 using a dividend persistence and yield screen followed by a quality screen.