Franklin Templeton has launched a new emerging market ETF focused on the Indian equity market on Xetra and Börse Frankfurt.
The Franklin FTSE India UCITS ETF offers an investment in the performance of the Indian emerging market on the basis of the FTSE India 30/18 Capped Index, which tracks the large and mid cap stocks, weighted by market capitalisation. Based on the previously listed Franklin FTSE China, Brazil and Korea ETFs, this investment also enables a diversified index composition with a maximum share weighting of up to 30 per cent for the largest issuers and up to 18 per cent for the other issuers.
The ETF is subject to a physical replication method and is available as a reinvestment asset class.
