Franklin Templeton expands LibertyShares range in Europe

Ridhima Sharma
clock • 1 min read

Franklin Templeton Investments has added Franklin LibertyQ European Equity Ucits ETF to its Franklin LibertyShares Ucits ETF range in Europe. 

The new equity smart beta ETF has been launched on the Deutsche Börse (DB) today, dominating in Euros. It will also list on both London Stock Exchange (LSE) and Borsa Italiana on 14 September 2018, as well as on SIX Swiss Exchange on 26 September 2018 and will be denominated in GBP and Euros respectively.
 
The new multi-factor ETF has a specific focus on quality and value stocks but also encompasses other factors like momentum and volatility. It invests in large and mid-capitalisation stocks in the Europe and tracks the performance of the LibertyQ Europe Equity index, the constituents of which are selected from the MSCI Europe Index using a multi-factor selection process which typically results in the Index having approximately 115 components.
 
Caroline Baron, head of ETF Sales EMEA, said: “Following the European launch of our five smart beta ETFs last year and two active fixed income ETFs in June this year, we continue to build momentum and develop our suite of LibertyQ funds for the European market. For our line-up of multi-factor strategies, we target high quality companies that are attractively valued using momentum to identify investment trends and avoid value traps.  We also use low volatility to help provide a defensive measure against downturns.
 
“Our new European equity ETF reflects our on-going commitment, by developing offerings for investors who seek to achieve better risk-adjusted returns over the long term.”   
 
The smart beta suite includes ETFs covering emerging markets, US and global equity strategies, as well as European and global strategies with a dividend focus.  In addition, the firm also offers two active fixed income ETFs to European investors.