Franklin FTSE India UCITS ETF
| Issuer: Franklin Templeton |
| Asset Class: Equity |
| TER: 1900bps |
| Trading Currency: GBP |
| Pays Income: False |
| Listing Date: 28 Jun 2019 |
| Ticker: FRIN |
| ISIN: IE00BHZRQZ17 |
This fund provides targeted exposure to the Indian equity market, offering a strategic way to participate in one of the world's fastest-growing major economies. India's growth is underpinned by powerful long-term drivers, including a young and expanding population, a rising middle class fuelling domestic consumption, and a government focused on pro-growth reforms and infrastructure development. By investing in a diversified basket of Indian companies, this vehicle allows for participation in the nation's dynamic economic expansion, moving beyond traditional developed markets to tap into a significant source of potential global growth.
The investment strategy is to physically replicate the performance of an index comprising large and mid-capitalisation Indian stocks. This approach provides broad representation across key sectors of the Indian economy, such as financials, information technology, energy, and consumer discretionary. The underlying index employs a capping methodology, which limits the weight of any single constituent. This feature enhances diversification and reduces concentration risk, preventing the portfolio's performance from being overly dominated by a few corporate giants. This structure ensures a more balanced exposure to the breadth of opportunities within the Indian market.
For investors, this product can serve as a core emerging market holding or a tactical satellite position to capture India-specific alpha. It is a cost-effective and transparent tool for gaining access to a market that can be complex for foreign investors to navigate directly. Given its focus on a single emerging country, the investment is suitable for those with a long-term horizon and a higher tolerance for risk, aiming to capitalise on the structural growth story of the Indian subcontinent.
The investment strategy is to physically replicate the performance of an index comprising large and mid-capitalisation Indian stocks. This approach provides broad representation across key sectors of the Indian economy, such as financials, information technology, energy, and consumer discretionary. The underlying index employs a capping methodology, which limits the weight of any single constituent. This feature enhances diversification and reduces concentration risk, preventing the portfolio's performance from being overly dominated by a few corporate giants. This structure ensures a more balanced exposure to the breadth of opportunities within the Indian market.
For investors, this product can serve as a core emerging market holding or a tactical satellite position to capture India-specific alpha. It is a cost-effective and transparent tool for gaining access to a market that can be complex for foreign investors to navigate directly. Given its focus on a single emerging country, the investment is suitable for those with a long-term horizon and a higher tolerance for risk, aiming to capitalise on the structural growth story of the Indian subcontinent.