Franklin Templeton launches the ETF Ftse Developed World for european investors

– The new index-tracking ETF offers investors access to over 2,000 equities from 25 developed economies and 40% of world GDP as part of a global diversified portfolio diversified

– At just 9 basis points, this ETF benefits from developed market equity growth and is positioned as an ideal ‘core’ portfolio solution

Franklin Templeton announces the launch of its new Franklin FTSE Developed World UCITS ETF. It is the first ETF to replicate a world index in Franklin Templeton’s ETF range; with this launch, the total number of its index ETFs rises to twenty-one.

The Franklin FTSE Developed World UCITS ETF is a passively managed equity ETF and replicates the performance of the FTSE Developed Index-NR (Net Return), a market capitalisation-weighted index that aims to replicate the performance of large- and mid-capitalisation companies in developed markets globally.

Caroline Baron, Head of ETF Distribution, EMEA, Franklin Templeton, said: “We are pleased to offer European investors this new low-cost ETF that replicates one of the leading developed market indices. With a single trade, investors can now access more than 2,000 equities across 25 developed economies as part of a broad diversified global portfolio. With nearly $20 billion in ETF flows in 20233, developed markets represent 40 per cent of global GDP and 74 per cent of global equity market capitalisation4, making this strategy an attractive equity allocation for our clients.”

Competitive costs

The new ETF will provide European investors with cost-efficient and UCITS-compliant developed market equity exposure at one of the lowest TER (Total Expense Ratio) for the same product category in Europe, at 0.09%.

Matthew Harrison, Head of Americas (ex-US), Europe & UK, Global Advisory Services, Franklin Templeton, added: “Franklin Templeton is delighted to expand its ETF product range with the launch of this new developed markets ETF, offering investors greater choice. This new passive ETF offers international, highly diversified equity exposure and can be the core equity element within a portfolio allocation. These building blocks are essential for ETF-based model portfolios, which are experiencing significant growth in Europe.”

This ETF will be managed by Dina Ting, CFA, Head of Global Index Portfolio Management, and Lorenzo Crosato, CFA, ETF Portfolio Manager, Franklin Templeton, who have a combined total of over 30 years of experience in the asset management industry and an extensive track record in managing ETF strategies.