Franklin S&P 500 Paris Aligned Climate UCITS ETF

Investment Objective To provide exposure to large capitalisation US stocks which are aligned to the transition to a low carbon economy. Investment Policy The Fund invests in equities of US companies of large market capitalisation that transition to a lower carbon economy or are less exposed to climate transition risks. These investments are included in the benchmark.The benchmark is based on the S&P 500 Index, its parent index, and provides exposure to US large capitalisation securities which are better aligned with the move towards a low-carbon economy and is constructed to follow the EU Paris-aligned Benchmark (EU PAB) Regulations (Regulation (EU) 2019/2089) (the "PAB Regulations")The benchmark overweights companies which are committed to reducing greenhouse gas emissions and will have a 50% decarbonization. In addition, the Green House Gas Intensity of the Index must reduce by 7% annually.Derivatives and techniques The Fund may use derivatives for hedging and efficient portfolio management.Strategy The investment manager seeks to minimise the difference between the Fund's performance and that of the benchmark (tracking error), regardless of whether the benchmark level rises or falls.SFDR category Article 8 (promotes environmental and/or social characteristics under EU regulations).The Index follows the PAB Regulations which are designed to help investors shift towards a low-carbon economy and align investments to the Paris Climate Agreement. The Index tracks the performance of eligible equity securities, selected and weighted to be collectively compatible with a 1.5ºC global warming climate scenario and to meet several other climate-themed objectives. The Index also applies exclusions based on companies' involvement in specific business activities.For more information see www.franklintempleton.ie/29819Base currency US dollar (USD).Benchmark(s) S&P 500 PAB ESG Index-NR. Used for index tracking only.The Fund is passively managed and seeks to replicate the benchmar

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No