Franklin Templeton Investments has added the LibertyQ AC Asia Ex-Japan UCITS ETF to its Franklin LibertyShares UCITS ETF range in Europe.
The new smart beta equity ETF launched on the Deutsche Börse (DB) today and will list on the London Stock Exchange (LSE), Borsa Italiana and the SIX Swiss Exchange on 1 October 2018.
The new multi-factor ETF has a specific focus on quality and value stocks but also encompasses other factors including momentum and volatility.
Franklin LibertyQ AC Asia ex Japan UCITS ETFinvests in large- and mid-capitalisation, emerging and developed Asian stocks and tracks the performance of the LibertyQ AC Asia Ex Japan Equity Index. Constituents of this index are selected from the MSCI AC Asia ex Japan Index using a multi-factor selection process, which typically results in approximately 230 stocks.
Caroline Baron, Head of ETF Sales EMEA, says: “As investors realise the benefits of combining factors, multi-factor strategies continue to grow in popularity, and we believe our custom factor weightings help to capture the desirable performance attributes investors are seeking. We are pleased to announce the expansion of our Smart Beta ETF range – this time with a new transparent, rule-based multi-factor Asian ETF, built on our active insights in the market and offered at a competitive fee of 40bps.”
The firm’s smart beta suite includes Multi-factor ETFs covering emerging markets, European, US and global equity markets, as well as European and global strategies with a dividend focus.
The firm also offers two active fixed income ETFs – Franklin Liberty Euro Short Maturity UCITS ETF and Franklin Liberty USD Investment Grade Corporate Bond UCITS ETF.
The Franklin LibertyQ AC Asia ex-Japan UCITS ETF has commenced trading on the Deutsche Börse in Euros. This new smart beta ETF will trade in GBP and its respective base fund currency USD, when it begins trading on the LSE. Followed by a Euro listing on Borsa Italiana and USD listing on SIX Swiss Exchange.
