Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF

Investment Objective To provide exposure to large and mid-capitalisation stocks in emerging market countries which are aligned to the transition to a low carbon economy. Investment Policy The Fund invests in equities of medium and large market capitalization companies (in emerging market countries) 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 MSCI Emerging Markets Index, its parent index, and includes large and mid-capitalisation securities across 27 emerging market countries and 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 exposed to climate transition opportunities and underweight those companies which are exposed to climate transition risks. The Index seeks to reduce exposure to high carbon emitters.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/33309Base currency US dollar (USD).Benchmark(s) MSCI EM Climate Paris Aligned PAB Index-NR. Used fo

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No