Category: Open Ended Investment Company
Franklin FTSE Brazil UCITS ETF (the “Fund”) invests in large and mid-capitalisation stocks in Brazil. The Fund seeks to track the performance of the FTSE Brazil 30/18 Capped Index (the “Underlying Index”) as closely as possible, regardless of whether the Underlying Index level rises or falls. The Fund will select the securities that constitute the Underlying Index in order to build a representative portfolio that provides a return that is comparable to that of the Underlying Index but which may not track the Underlying Index with the same degree of accuracy as an investment vehicle replicating the entire Underlying Index. The holdings of the Underlying Index comprise Brazilian large and mid-cap equities derived from the FTSE All-World Index, on a free float market capitalisation basis. Further information in respect of the Underlying Index, including its rules, components and performance is available at https://www.ftse.com/analytics/factsheets The Fund may use derivatives for efficient portfolio management purposes only. The securities in which the Fund invests will be primarily listed or traded on recognised markets globally in accordance with the limits set out in the UCITS Regulations. For accumulation shares, income from investments is reinvested in the Fund and reflected in the price of shares. This Fund may not be appropriate for investors who plan to withdraw their money within five (5) years. The Fund’s shares are listed and traded on one or more stock exchanges. In normal circumstances, only authorised participants (e.g. select financial institutions) may deal in shares directly with the Fund. Other investors can deal in shares daily through a broker on stock exchange(s) on which the shares are traded. For further information on the Objectives and Investment Policy of the Fund, please refer to the “Investment Objective and Strategy” section of the current prospectus of Franklin LibertyShares ICAV and the Fund supplement. Terms to Understand Derivatives: Financial instruments whose characteristics and value depend on the performance of one or more underlying assets, typically securities, indexes, currencies or interest rates. Free float: only shares available to international investors rather than all of a company’s issued shares are used in calculating the Underlying Index. Free float market capitalisation: the share price of a company multiplied by the number of shares available to international investors. Large-capitalisation stock: stock of companies with large market capitalisation generally accounting accumulatively for the top 70% of the capitalisation of a domestic stock market. Mid-capitalisation stock: stock of companies with market capitalisation generally accounting accumulatively for the next 20% of the capitalisation of a domestic stock market below large-capitalisation stock.