Franklin Templeton is offering four market-cap weighted, emerging markets country passive ETFs in Europe, covering Brazil, China, Korea and India.
Franklin FTSE Brazil Ucits ETF, Franklin FTSE China Ucits ETF and Franklin FTSE Korea Ucits ETF will list on the Deutsche Börse on June 5 and on the London Stock Exchange and Borsa Italiana on June 7 and the Six Swiss Exchange on June 19.
The firm also plans to list a Franklin FTSE India Ucits ETF this summer. The total expense ratios (TER) for the Brazil, China and India funds is 0.19%. The TER for the Korea ETF is 0.09%.
Caroline Baron, head of ETF Sales EMEA, Franklin Templeton said: “It was logical for us to start with Brazil, China, India and Korea, since these four high-growth countries represent the biggest country allocations within client portfolios and broad emerging markets indices.”
The new passive emerging markets ETFs are market cap-weighted and benchmarked to country indices from FTSE Russell.