New Equity Index ETF from Franklin Templeton on Xetra: access to climate-friendly companies from China
A new ETF issued by Franklin Templeton is tradable on Xetra and via Börse Frankfurt since Wednesday.
The Franklin MSCI China Paris Aligned Climate UCITS ETF gives investors access to large- and mid-cap Chinese companies that are in line with the transition to a low-carbon economy.
Companies are selected in line with the Paris Climate Agreement. Companies that benefit from opportunities arising from the transition to a less carbon-intensive economy are overweighted. This includes, for example, the development of low-emission products and services. On the other hand, companies exposed to the transition risks of climate change are underweighted.