Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF

Investment Objective To provide exposure to European large and mid-capitalisation stocks which are aligned to the transition to a low carbon economy. Investment Policy The Fund invests in equities of European large and mid-capitalisation companies that transition to a lower carbon economy or are less exposed to climate transition risks. These investments are included in the benchmark.The benchmark provides exposure to European large and mid-capitalisation securities selected from the STOXX Europe 600 Index (the "Parent Index"). The Parent Index includes 600 of the largest companies by market capitalisations in Europe. The benchmark is constructed to follow the EU Paris-aligned Benchmark (EU PAB) Regulations (Regulation (EU) 2019/2089) (the "PAB Regulations").The benchmark aims to overweight companies which are committed to reducing greenhouse gas emissions and will have a 50% decarbonization. In addition, the total 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 European 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/29820Base currency Euro (EUR).Benchmark(s) STOXX Europe 600 PAB Index

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No