- Franklin Global Systematic Equity Fund – Active ETF (FGSE).
- Western Asset Enhanced Income Fund – Active ETF (FEIF)
10 June 2026: Franklin Templeton has today launched two new active ETFs on the ASX, bringing its local active ETF range to nine products and adding to a global trend that has seen inflows into active ETFs double as a proportion of all ETF assets since 2022.
The new active ETFs are the Franklin Global Systematic Equity Fund – Active ETF (FGSE) and the Western Asset Enhanced Income Fund – Active ETF (FEIF). Unlike traditional index ETFs, both strategies aim to deliver consistent alpha while retaining ETF transparency and liquidity.
Active ETFs have topped $1.8 trillion globally, as both retail and institutional investors seek the accessibility, transparency and affordability of the ETF structure.
"Investors today want more choice in the ETF space," says Felicity Walsh, Managing Director of Franklin Templeton Australia and New Zealand. "Our range of active ETFs are designed to bring together the liquidity and transparency of a listed structure with an active and intelligent approach to portfolio management.”
“We are leveraging the expertise of our investment groups and harnessing the full strength of Franklin Templeton's global platform, spanning decades of market expertise and deep research capabilities – making all of that available in a format that suits how Australians want to invest today."
Western Asset Enhanced Income Fund – Active ETF (FEIF)
"FEIF is designed for investors who want to do more with the fixed income portion of their portfolio," says Anthony Kirkham, co-chief investment officer and head of Asia Pacific Investment Management at Western Asset Management. "It offers a short-duration, high-quality credit strategy that seeks to generate meaningful income above the cash rate, while actively managing risk across sectors and individual securities. For investors looking for yield without taking on significant interest rate sensitivity, this fund offers a genuinely differentiated option as an active ETF."
FEIF gives investors access to a diversified portfolio of Australian and global fixed income securities managed by Western Asset Management. The fund targets returns that exceed the Bloomberg AusBond Bank Bill Index by 1.5 to 2 per cent per annum, measured over rolling three-year periods.
The Western Asset Enhanced Income Fund returned 6.12 per cent over one year and 7.54 per cent per annum over three years (after fees) to 30 April 2026, compared with the benchmark's 3.79 per cent and 4.16 per cent respectively.
The Western Asset Enhanced Income Fund (the managed fund) has Recommended ratings from both Lonsec and Zenith Investment Partners.
Franklin Global Systematic Equity Fund – Active ETF (FGSE)
"FGSE suits investors who want broad global equity exposure and are seeking an approach that goes beyond tracking an index” says Chris Floyd, Portfolio Manager at Franklin Templeton Investment Solutions. "Our systematic process analyses thousands of companies daily across quality, valuation, sentiment and other factors, seeking to identify those with the strongest return potential.
“The result is a style-neutral, diversified portfolio that aims to deliver consistent outperformance over time, one which we think is a compelling proposition for growth investors."
FGSE offers a quantitatively driven, benchmark-aware exposure to global equities, managed by the Systematic Equity team within Franklin Templeton Investment Solutions (FTIS). The fund aims to outperform the MSCI World ex-Australia Index (after fees) over rolling three-year periods, with a tracking error of 2 to 3 per cent per annum.
Over one year to 30 April 2026 the Franklin Global Systematic Equity Fund returned 15.16 per cent (after fees), and 19 per cent per annum over three years, compared with benchmark returns of 15.06 per cent and 16.52 per cent. The fund has a long track record of outperforming the benchmark having launched in Australia over 20 years ago.
The Franklin Global Systematic Equity Fund (the managed fund) has Recommended ratings from both Lonsec and Zenith Investment Partners.
These two additions join an existing suite of seven active ETFs: the Betashares Western Asset Australian Bond Active ETF (BNDS), the ClearBridge Global Infrastructure Income Fund (Hedged) Active ETF (CIIH), the ClearBridge Global Infrastructure Value Fund Active ETF (CUIV), the ClearBridge Global Infrastructure Value Fund (Hedged) Active ETF (CIVH), the ClearBridge Real Income Fund Active ETF (R3AL), the Franklin Australian Absolute Return Bond Fund Active ETF (FRAR) and the Franklin Global Growth Fund Active ETF (FRGG).
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About Franklin Templeton
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The reports that included the Lonsec Research ratings were published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec) for SSB0126AU on 6 May 2026 and SSB8484AU on 3 November 2025. Lonsec receives a fee from fund managers for the preparation of reports. The report / rating is general advice only. An investor should be aware that: a) the advice has been prepared without taking into account an investors’ objectives, financial situation or needs; b) an investor should consider the appropriateness of the advice having regard to their own objectives, financial situation or needs before acting on the advice; and c) an investor should obtain a PDS relating to the product, consider the PDS and seek independent financial advice before making any decision about whether to acquire the product. The rating is not a recommendation to purchase, sell or hold any product. Past performance is not a reliable indicator of future performance. Ratings are prepared based on information available at the time of preparation and may be subject to change by Lonsec without notice. Visit lonsec.com.au for important documents (FSG, Conflicts Statement). © 2026 Lonsec. All rights reserved.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) ratings (SSB0126AU assigned 27 November 2025; SSB8484AU assigned 30 June 2025) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.