Latest news with #CarolineBaron
Yahoo
12-05-2025
- Business
- Yahoo
Franklin Templeton Unveils New US Mega Cap ETF in Europe
Franklin Templeton has expanded its U.S. equity suite in Europe with the launch of a U.S. megacap ETF. The Franklin US Mega Cap 100 UCITS ETF (USMC) will be listed on the London Stock Exchange (LSE), Deutsche Borse, Euronext Paris and Borsa Italiana with a total expense ratio (TER) of 0.09%. USMC tracks the Solactive US Mega Cap 100 Select index, which offers exposure to 100 largest companies in the Solactive GBS United States 500 index. The index's top holdings include: Nvidia Corp. (NVDA), Apple Inc. (AAPL), Inc. (AMZN), Microsoft Corp. (MSFT) and AT&T Inc. (T). Caroline Baron (pictured), head of ETF distribution for EMEA at Franklin Templeton, said, 'Looking back 30 years, the largest 100 securities in U.S. equities have captured greater market upside than a broader index such as the S&P 500. 'This ETF can be utilised by investors as a nimble tool to dial up U.S. equity market exposure or quickly implement a risk-on trade, offering a distinct risk-return profile.' ETFs that offer a slice of the "top" constituents in a given index are on the rise in Europe. BlackRock Inc. (BLK) launched the iShares S&P 500 Top 20 UCITS ETF (SP20) in November of 2024, capturing the largest companies within the S&P 500 index. The iShares NASDAQ 100 Top 30 UCITS ETF (QTOP), which tracks the 30 largest companies in the Nasdaq-100 index, launched shortly thereafter. Elsewhere, Franklin Templeton launched an S&P 500 ETF and an S&P World ETF with ESG tilts. The Franklin S&P 500 Screened UCITS ETF (SP5S) and Franklin S&P World Screened UCITS ETF (SPWR) were listed in April 2025 with total expense ratios of 0.09% and 0.14%, respectively. This article was originally published at sister publication ETF | © Copyright 2025 All rights reserved
Yahoo
22-04-2025
- Business
- Yahoo
Franklin Templeton Launches New ESG-Tilted ETFs in Europe
Franklin Templeton has launched an S&P 500 ETF and an S&P World ETF with ESG tilts in Europe. The Franklin S&P 500 Screened UCITS ETF (SP5S) and Franklin S&P World Screened UCITS ETF (SPWR) are listed on Deutsche Borse and will list on the London Stock Exchange (LSE) and Euronext Paris on April 17 and Borsa Italiana on April 24, with total expense ratios (TERs) of 0.09% and 0.14%, respectively. SP5S tracks the S&P 500 Guarded index, which offers exposure to large- and mid-cap US equities with an 'enhanced ESG profile.' Meanwhile, SPWR tracks the S&P Guarded World index, capturing large- and mid-cap global equities with an identical ESG screen. Both ETFs exclude companies involved in specific business activities, environmental, social and governance controversies or those that violate UN Global Compact principles and are classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR). Caroline Baron (pictured), head of ETF distribution, EMEA, at Franklin Templeton, said, 'These ETFs would be suitable for investors looking to invest in core exposures that are article 8 compliant and those seeking a tight tracking versus the traditional benchmarks, such as S&P 500 and S&P World. 'These ETFs could be used with traditional core solutions to complement them for example.' The launches come after the European Securities and Markets Authority (ESMA) updated its guidelines on ESG fund naming rules, with many issuers either stripping the moniker from existing ETFs or changing the methodology to comply with the updated guidelines. This article was originally published at sister publication ETF | © Copyright 2025 All rights reserved
