New ETF from Franklin Templeton on Xetra: access to the MSCI World in line with Catholic values
New ETF from Franklin Templeton on Xetra: access to the MSCI World in line with Catholic values
A new exchange-traded fund issued by Franklin Templeton has been tradable on Xetra and Börse Frankfurt since Thursday.
The Franklin MSCI World Catholic Principles UCITS ETF provides investors with access to a broadly diversified equity portfolio of around 800 large- and mid-cap companies in developed markets which are considered environmentally conscious and socially responsible.
The benchmark index, the MSCI World Select Catholic Principles ESG Universal and Low Carbon Index, aims to demonstrate a lower carbon footprint and a better environmental, social and governance profile compared to the MSCI World Index.
Excluded are companies that operate in controversial business areas such as guns, gambling, adult entertainment, or are involved in abortion, contraceptives, stem cell research, and animal testing.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Franklin MSCI World Catholic Principles UCITS ETF | Active Fixed Income ETF | 0.27 per cent | accumulating | MSCI World Select Catholic Principles ESG Universal and Low Carbon Index-NR |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,157 ETFs. With this selection and an average monthly trading volume of around €14 billion, Xetra is the leading trading venue for ETFs in Europe.