Franklin Templeton launches Catholic EM sovereign debt ETF

This new Article 8 Smart Beta ETF will be managed by John Beck, senior vice president and director of global fixed income and will be based on the ICE BofA Diversified Emerging Markets External Debt Sovereign Bond index. The index excludes bonds issued by countries that score poorly on criteria identified by the index provider as Roman Catholic principles, such as governments' moral integrity or social justice. The ETF also adjusts its security weightings to reduce its overall carbon footprint relative to the index.  Goldman Sachs AM launches emerging markets ex-China equity fund "...