Franklin Templeton Launches New Passive Taiwan ETF for European Investors

Franklin Templeton announces the launch of its new Taiwan UCITS ETF within its Franklin LibertySharesTM range. This new addition expands the firm’s single-country, emerging market ETF offerings to five, alongside Brazil, India, China and Korea.

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Baron Caroline Franklin Templeton ETF

Franklin LibertyShares™ Single-Country Emerging Market ETFs Now Include Brazil, China, Korea, India and Taiwan

The fund will list on the Deutsche Börse Xetra (XETRA) on 22 March and the London Stock Exchange (LSE) and Borsa Italiana on 23 March. The fund is registered in the UK, Ireland, Austria, Denmark, Finland, France, Germany, Italy, Spain and Sweden.

Competitive fees

The Franklin FTSE Taiwan UCITS ETF will provide European investors with cost-efficient, UCITS- compliant, market-cap weighted exposure to Taiwanese assets and offers the lowest total expense ratios (TER) at 0.19% in Europe (TER is on average 74% lower than other emerging markets country UCITS ETFs) for its respective category.

Emerging markets expertise and access to technology and innovation

As one of the world’s largest asset managers with dedicated emerging markets expertise, Franklin Templeton has approximately $905 billion managed across the firm in emerging markets assets. This new passive ETF is benchmarked to the FTSE Taiwan 30/18 Capped Index, leveraging the global index provider’s capabilities and expertise.

Caroline Baron, Head of ETF Business Development, EMEA, Franklin Templeton commented: “We are delighted to introduce this new Taiwan passive ETF at the lowest fee to European investors. Taiwan is home to some of the most technologically advanced companies globally and continues to offer attractive investment prospects, given its market leadership in high-growth sectors like electronic circuits, automation and semiconductors.”

 “Our single-country ETFs allow investors to tailor their emerging market allocations rather than follow the country weights of broader emerging market indices where China could account for more than 35%6. By having access to our single-country ETF portfolio suite, investors can take a more targeted approach towards emerging markets and match the specific needs of their portfolio.”

Julian Ide, Head of EMEA distribution, Franklin Templeton commented: “Franklin Templeton has more than 35 years of deep expertise in emerging market investing and we are very pleased to add Taiwan to our single-country LibertyShares™ ETF product suite. Offering greater choices to investors via low-cost emerging market ETFs will further enable our clients to use them as building blocks to diversify their portfolios.”

As of 28 February 2022, Taiwan accounted for over 18%7 of the FTSE Emerging Market Index. Adding Brazil, India, China and Korea, these five countries collectively account for around 75%7 of the FTSE Emerging Markets Index. The Franklin FTSE Taiwan UCITS ETF also has approximately 60%8 of its portfolio invested in Taiwanese technology companies.

Franklin LibertyShares™, 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 more than $12 billion in assets under management globally as of 28 February 2022.

Source: ETFWorld