Franklin Templeton launches MSCI China Paris-Aligned ETF

The smart beta exchange traded fund will invest in large- and mid-cap Chinese equity securities and will overweight Chinese companies transitioning to a lower-carbon economy. It is designed to support investors who wish to reduce their exposure to transition and physical climate risks, and will track the EU Climate Benchmark PAB and MSCI China Climate Paris-Aligned indices. It is Franklin Templeton's third EU Sustainable Finance Disclosure Regulation (SFDR) Article 9 compliant strategy within the Franklin LibertyShares range. The firm's head of global index portfolio management Din...