Franklin Templeton Canada lists EM active and sustainable active ETFs
Franklin Templeton Canada has listed Franklin Martin Currie Sustainable Emerging Markets Active ETF (FSEM) and Franklin Martin Currie Sustainable Global Equity Active ETF (FGSG) on the Toronto Stock Exchange.
"Martin Currie combines an active, high conviction strategy with robust ESG expertise when investing in global and emerging markets as they have done so for many decades, having invested in global equities since the 1920s and Asian equities since the 1980s," says Duane Green, president and CEO, Franklin Templeton Canada. "We continue to focus on providing Canadian investors with a world-class fund line-up1 featuring boutique investment managers with global and sustainability expertise to help them achieve their desired investment outcomes."
Franklin Martin Currie Sustainable Emerging Markets Active ETF (FSEM) invests primarily in units of Franklin Martin Currie Sustainable Emerging Markets Fund, which invests in quality emerging market equities with long-term growth potential, while using a fully integrated ESG investment approach. The portfolio managers seek undervalued stocks with high potential to create shareholder value based on their assessment of a company's quality, growth prospects, governance and sustainability. The fund's US equivalent is a 5-star Morningstar rated fund.
Franklin Martin Currie Sustainable Global Equity Active ETF (FGSG) invests primarily in units of Franklin Martin Currie Global Equity Fund, which invests in companies that have a strong history of offering high and sustainable returns on invested capital over time. The portfolio managers take a high-conviction, flexible approach to investing across sectors, geographies and market capitalizations, while seeking to manage risk on an absolute basis. The fund's US equivalent is a 4-star Morningstar rated fund.
"As the need for high-conviction funds with genuine stewardship and ESG outcomes becomes ever more important to investors, we are bringing our expertise in sustainable investing to the Canadian market," says Mel Bucher, co-head of Global Distribution, Martin Currie. "As Martin Currie continues to expand its global reach, it now has one-third of its assets under management based in North America."
FSEM and FGSG are the latest additions to the recently announced sustainable ETF listings from Franklin Templeton's specialist investment managers, which include Franklin Brandywine Global Sustainable Income Optimiser Active ETF (FBGO), Franklin ClearBridge Sustainable Global Infrastructure Income Active ETF (FCII) and Franklin ClearBridge Sustainable International Growth Active ETF (FCSI).