New on Xetra: Equity ETF from Franklin Templeton with a focus on high-dividend US companies
New on Xetra: Equity ETF from Franklin Templeton with a focus on high-dividend US companies
Since Wednesday, a new exchange-traded fund from Franklin Templeton has been tradable on Xetra and Börse Frankfurt.
The Franklin US Dividend Tilt UCITS ETF tracks the performance of the Morningstar US Dividend Enhanced Select Index. Investors gain access to a broadly diversified portfolio of US companies with large and mid-cap capitalisation. Companies are selected and weighted with the objective of achieving a higher dividend yield than its parent index, the Morningstar US Target Market Exposure Index. Companies with a higher dividend yield are overweighted.
The benchmark index currently includes 286 companies, among others Amazon, Apple, Broadcom, Meta, Microsoft and Nvidia.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Franklin US Dividend Tilt UCITS ETF | Equity ETF | 0.12 per cent | distributing | Morningstar US Dividend Enhanced Select Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,335 ETFs. With this selection and an average monthly trading volume of around €18 billion, Xetra is the leading trading venue for ETFs in Europe.