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Franklin Templeton
Simrita Virk
Franklin Templeton launches two flagship active ETFs on ASX
- Franklin Australian Absolute Return Bond Fund (Managed Fund) (ASX: FRAR)
- Franklin Global Growth Fund (Managed Fund) (ASX: FRGG)
April 15, 2024: Franklin Templeton is proud to announce the launch of two active Exchange Traded Funds (ETFs) today on the Australian Securities Exchange (ASX). This opens new avenues for Australian investors to diversify their portfolios and gain access to global and domestic investment opportunities through two of the firm’s flagship funds-the Franklin Australian Absolute Return Bond Fund (Managed Fund) (ASX: FRAR) and the Franklin Global Growth Fund (Managed Fund) (ASX: FRGG).
"We are delighted that these market leading funds are now available to investors via the ASX. Our range of active ETFs provide access to specialised investment strategies to meet our client’s investment goals. Furthermore, listing on the ASX will mean that investors will now be able to access the investment expertise and differentiated performance attributes of these funds through intraday-traded vehicles.” Franklin Templeton’s Managing Director and Head of Australia and New Zealand, Felicity Walsh, said.
“As more of our valued adviser, licensee and consultant clients build listed portfolios to complement their traditional unlisted portfolios, we want to ensure we are supporting advisers in delivering the best investment solutions possible to their clients,” Walsh noted.
The Franklin Global Growth Fund utilises fundamental bottom-up stock analysis to identify and select quality growth companies. The Fund delivers a concentrated, yet fundamentally diversified portfolio of stocks driven by secular growth trends.
"We look globally for financially sustainable business models, and proven management teams that are focused on the creation of shareholder value. We utilise the results of this analysis to build a concentrated, best-ideas portfolio of 35 to 40 stocks," Portfolio Manager for the Franklin Global Growth Fund Francyne Mu said.
The Franklin Australian Absolute Return Bond Fund uses a combination of top-down macroeconomic insights, and bottom-up fundamental research methodologies to craft a portfolio of fixed income strategies targeting absolute returns over market cycles.
"Through the listing of our fund on the ASX, we will be able to offer our unique approach to fixed income investing to a whole new range of investors who may not have been able to access strategies like these until now," Franklin Fixed Income Portfolio Manager, Chris Siniakov, added.
“Our aim is to democratise access to high-quality investment strategies,” adds Walsh.
“The launch of these ETFs exemplifies our commitment to providing investors with sophisticated, yet accessible investment options, backed by our global expertise and deep local market understanding.
“These multi-distributed ETFs will complement our existing range of active ETFs which we manage in partnership with Betashares and further expand access to our premier suite of investment strategies.”
Ends
Media contact:
Simrita Virk, Capital Outcomes
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,300 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and approximately A$2.1 trillion in assets under management as of December 31, 2023.
For more information, please visit https://www.franklintempleton.com.au/
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Disclaimers
This publication is issued for information purposes only and does not constitute investment or financial product advice. It expresses no views as to the suitability of the services or other matters described in this document as to the individual circumstances, objectives, financial situation, or needs of any recipient. You should assess whether the information is appropriate for you and consider obtaining independent taxation, legal, financial or other professional advice before making an investment decision.
Please read the relevant Product Disclosure Statements (PDSs) and any associated reference documents before making an investment decision. In accordance with the Design and Distribution Obligations and Product Interventions Powers requirements, we maintain Target Market Determinations (TMD) for each of our Funds. All documents can be found via www.franklintempleton.com.au or by calling 1800 673 776.
Issued by Franklin Templeton Australia Limited (ABN 76 004 835 849, AFSL 240827).