Franklin Templeton Launches Franklin Focused Growth ETF (FFOG)
06 Novembro 2023 - 11:07AM
Business Wire
New ETF Focuses Investments in Growth Companies
with Potential to Benefit from Major Long-Term Trends
Franklin Templeton today launched Franklin Focused Growth ETF on
CBOE under the ticker FFOG. FFOG aims to provide capital
appreciation by investing in growth equity securities. This ETF was
converted from a mutual fund, and it maintains the predecessor
Franklin Focused Growth Fund’s investment goal, principal
investment strategies, performance benchmark, investment adviser
and portfolio management team. One difference from the predecessor
mutual fund is that FFOG is a non-diversified fund,1 meaning that
it will generally invest in a smaller number of issuers than a
diversified fund, and may be more sensitive to economic, business,
political or other changes affecting individual issuers or
investments than a diversified fund.2
FFOG is managed by Matt Moberg, senior vice president and
portfolio manager with Franklin Equity Group, who managed the
predecessor mutual fund since its inception in 2016. Moberg is also
the portfolio manager of four thematic ETFs focused on dynamic
innovation: Franklin Intelligent Machines ETF (IQM), Franklin
Exponential Data ETF (XDAT), Franklin Disruptive Commerce ETF
(BUYZ) and Franklin Genomic Advancements ETF (HELX).
“I am very excited to bring the Franklin Focused Growth ETF to
the market. We believe this offering lives at the intersection of
new ideas and long-term investment opportunities,” said Moberg.
“FFOG offers a large-cap growth strategy, run by a team that
focuses its investments in the most innovative sectors of the
economy, all within one of the most innovative investment vehicles
on the market, the ETF.”
“We continue to build our active ETF platform by tapping some of
the firm’s strongest investment capabilities and high-conviction
approaches,” said Patrick O’Connor, Head of Global ETFs for
Franklin Templeton. “And given Matt Moberg’s experience managing
our four thematic ETFs—covering areas of innovation from artificial
intelligence to genomics—we are excited to bring another growth
strategy under his management to ETF investors.”
FFOG marks Franklin Templeton’s third mutual fund-to-ETF
conversion, following the conversions of BrandywineGLOBAL – Dynamic
US Large Cap Value ETF (DVAL) and Martin Currie Sustainable
International Equity ETF (MCSE) from mutual funds in October 2022.
The conversion of FFOG was approved by shareholders on June 30,
2023, and was effective as of November 3, 2023.
Franklin Templeton’s US ETF platform provides solutions for a
range of market conditions and investment objectives through
active, smart beta and passively managed ETFs. Franklin Templeton
currently offers 59 ETFs in the US with combined assets under
management of more than $13 billion.
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 $1.4 trillion in assets under
management as of September 30, 2023. For more information, please
visit franklintempleton.com and follow us on LinkedIn, Twitter and
Facebook.
Before investing, carefully consider a fund’s investment
objectives, risks, charges and expenses. You can find this and
other information in each prospectus, or summary prospectus, if
available, at www.franklintempleton.com. Please read it
carefully.
All investments involve risks, including possible loss of
principal. To the extent the portfolio invests in a concentration
of certain securities, regions or industries, it is subject to
increased volatility. The investment style may become out of favor,
which may have a negative impact on performance. Active management
does not ensure gains or protect against market declines. Small-
and mid-cap stocks involve greater risks and volatility than
large-cap stocks. International investments are subject to
special risks, including currency fluctuations and social, economic
and political uncertainties, which could increase volatility. These
risks could be magnified in Emerging Markets. Because the
Fund is non-diversified, it may be more sensitive to
economic, business, political or other changes affecting individual
issuers or investments than a diversified fund. These and other
risks are discussed in the fund’s prospectus. ETFs trade like
stocks, fluctuate in market value and may trade at prices above or
below their net asset value. Brokerage commissions and ETF expenses
will reduce returns. ETF shares may be bought or sold
throughout the day at their market price (MP), not their Net Asset
Value (NAV), on the exchange on which they are listed. Shares of
ETFs are tradable on secondary markets and may trade either at a
premium or a discount to their NAV on the secondary market.
Effective after market close on November 3, 2023, Franklin
Focused Growth Fund reorganized into this ETF. This fund has an
identical investment goal and substantially similar investment
strategies as its predecessor fund.
- Within the meaning of the Investment Company Act of 1940
- As a non-diversified fund, the fund generally invests a great
proportion of its assets in the securities of one or more issuers
and invests overall in a smaller number of issuers than a
diversified fund, which may magnify the fund’s losses from events
affecting a particular security.
Franklin Distributors, LLC. Member FINRA, SIPC.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
TN23-70
Copyright © 2023. Franklin Templeton. All rights reserved.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231106819148/en/
Franklin Templeton Corporate Communications: Vanessa Garcia,
(917) 562-5151, vanessa.garcia@franklintempleton.com
Franklin Resources (NYSE:BEN)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Franklin Resources (NYSE:BEN)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024