Franklin Templeton Launches FTSE Japan ETF on LSE

• At 9 basis points, the new passive ETF gives investors access to more than 500 Japanese companies across a diverse range of industries
• With $6 trillion in market capitalisation, Japanese equities can be used as a core building block within an investor’s portfolio

Franklin Templeton announces the launch of its new Franklin FTSE Japan UCITS ETF. This offering is the first Japan index tracking ETF in the Franklin Templeton ETF range and brings the total number of its indexed ETFs to 22.

The Franklin FTSE Japan UCITS ETF invests in large and mid-capitalisation stocks in Japan. It is passively managed and tracks the performance of the FTSE Japan Index – NR (Net Return), a market-capitalisation weighted index representing the performance of large and mid-cap companies in Japan aiming to capture 90%³ of the investable Japanese equity market universe.

Caroline Baron, Head of ETF Distribution, EMEA, Franklin Templeton, said: “We are pleased to offer this new, single country index tracking Japan equity UCITS ETF to European investors. Investors can now gain diversified exposure to more than 500 Japanese companies across a wide range of industries.”

“The Japanese equity market is the second largest equity market in Asia-Pacific and the largest developed market in the region. Following decades of deflationary tendencies, Japan’s central bank recently stated it sees a virtuous cycle between wages and prices intensifying, which should further help to bolster consumption and investments. The country’s strong position on the global technology supply chain, including semiconductors, along with a renewed focus on corporate governance and shareholder value should also bode well for the domestic equity market.”