Franklin Templeton has announced the launch of the Franklin US Income Equity Focus UCITS ETF, further bolstering the firm’s active ETF range.
The new strategy is listing on the Deutsche Börse Xetra today (28 May), followed by listing on the Italian and London Stock Exchanges on 29 May.
It is an actively managed, high-conviction equity ETF, primarily investing in US large-cap equities and equity-related securities, with the potential for both capital appreciation and Income.
Todd Brighton, Brendan Circle, and Edward D. Perks, chief investment officer at Franklin Income, will co-manage the new ETF.
See also: Franklin Templeton lists active US equity ETF in London
Perks said: “At Franklin Income Investors, we have long believed that income plays a central role in wealth creation over time.
“The Franklin US Income Equity Focus UCITS ETF brings that philosophy to European investors through an actively managed strategy that seeks to generate income, participate in the US equity market upside and help manage volatility.”
Matthew Harrison, head of EMEA and Americas ex-US, added: “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.”
