The products limit single issuer concentration and are trading on Xetra, with further European exchange listings expected soon.
Franklin Templeton has launched four Undertakings for Collective Investment in Transferable Securities (UCITS) exchange-traded funds (ETFs) providing targeted exposure to key sectors within the US equity market. The ETFs started trading on Deutsche Börse Xetra on 12 May The firm noted that the ETFs started trading on Deutsche Börse Xetra on 12 May, with subsequent listings planned on Borsa Italiana and the London Stock Exchange on 14 May. The products comprise the Franklin S&P