Franklin Templeton expands LibertyShares range with European smart-beta ETF

Listed on LSE on 14 September

Franklin Templeton Investments has added to its line-up of multi-factor strategies in the LibertyShares range with the launch of a European equity ETF.

The Franklin LibertyQ European Equity UCITS ETF will list on the London Stock Exchange on 14 September and has a total expense ratio (TER) of 0.25%. Tracking the LibertyQ Europe Equity index, the ETF will invest in European large and mid-cap stocks selected from the MSCI Europe index, resulting in a portfolio of 115 companies. It has a specific focus on quality and value factors while also encompassing momentum and volatility. Caroline Baron, head of ETF sales EMEA, at Franklin Templeton, who joined from Invesco in March, said: "Following the European launch of our five smart beta ...