Franklin Templeton has announced plans to offer a new multi-asset ETF, the Franklin Income Focus ETF, to US investors this summer. The Franklin Income Focus ETF strategy will seek to maximise income over a full market cycle by investing opportunistically across different asset classes, markets and sectors and utilising income generation strategies. It will be available on the NYSE Arca under the ticker INCM.
INCM will invest in a multi-asset, diversified portfolio of equity and debt securities using a dynamic allocation approach that adjusts and adapts to changing market conditions. Equity securities within the portfolio may include common stocks, including dividend-paying stocks, as well as convertible preferred securities. Debt securities may include all varieties of fixed, floating and variable rate instruments.
The ETF will be managed by Ed Perks, Chief Investment Officer of Franklin Income Investors, and portfolio managers Todd Brighton and Brendan Circle, with more than 60 years of combined investment industry experience. Perks and team currently manage Franklin Templeton’s flagship Franklin Income Fund mutual fund, incepted in 1948, and a Franklin Income separately managed account (SMA).
“I’ve been looking forward to this launch since we built the ETF platform in 2016, and the timing couldn’t be better as investors continue to seek income in these challenging markets,” says Patrick O’Connor, Head of Global ETFs for Franklin Templeton. “What Franklin Income Investors has been able to accomplish for clients over the past 70+ years is truly impressive. Tapping our extensive bench of active managers to bring ETF solutions to market is what we are all about.”