California-based asset manager Franklin Templeton has launched a US income equity Ucits ETF, an actively-managed, high-conviction equity ETF designed to provide income and capital appreciation through a diversified portfolio of US equities and equity-related securities.
The fund will list on Deutsche Börse Xetra today, followed by listings on Borsa Italiana and the London Stock Exchange on 29 May. It is registered for distribution in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Spain, Sweden and the United Kingdom.
The ETF will invest primarily in US large cap equities and equity-related securities, combining the potential to provide high current income alongside capital appreciation.
This investment approach is designed to provide diversified exposure across the US market, generate consistent income, and lower volatility, and can serve as a core holding in an investor’s equity sleeve or as a source of supplemental income for retirement needs.
Matthew Harrison, Head of EMEA and Americas ex-US, said: “We continue to see growing interest from investors in active ETFs that combine high-quality active management with the flexibility and transparency of the ETF wrapper.
“Extending the investment capabilities of Franklin Income Investors into a Ucits ETF format allows us to offer clients another way to access differentiated income solutions as they navigate increasingly complex markets.”
