Thursday, December 01, 2022

Franklin Templeton Launches New Metaverse ETF for European Investors. RankiaPro

Franklin Templeton Launches New Metaverse ETF for European Investors.  RankiaPro

franklin templeton launched its new ETF UCITSWhich gives European investors access to leading companies in the Metaverse (The Metaverse: a trusted ‘place’ to invest?)

Franklin Templeton Launches New Metaverse Etf For European Investors. Rankiapro

Metaverse is a forward-thinking shared virtual and mixed reality powered by digital technologies. As an interactive and immersive space, the Metaverse is expected to impact many aspects of people’s lives, such as how they interact, socialize, learn, shop, work and play. It combines aspects of social networking, online gaming and augmented virtual reality, and is widely considered The next iteration of the Internet as we currently know it, Which will seamlessly merge our digital lives.

“Society has already experienced three fundamental changes in how technology works and how it is distributed since the early 1970s. Now this exciting fourth wave is emerging, enabled by blockchain technology. Many Big tech companies have already turned to the metaverse for their next big area of ​​growth, as did many at the dawn of the Internet. It seems there are real-world business opportunities to invest in this area. There are tremendous opportunities, given that by 20302, the e-commerce market could grow to between $2.0 and $2.6 trillion. The development of Blockchain technology is driving the expansion possibilities of the Metaverse in a compelling and far-reaching way. We believe that in the Metaverse The investment and its increasing sophistication bodes well for the next iteration of the Internet, which could have a profound impact on society and global economic growth.”

Dina Ting, Director of Global Index Portfolio Management at Franklin Templeton

Franklin Metaverse UCITS ETF The Collective tracks the Global Metaverse Innovation Net Total Return Index, which includes global equities issued by companies that have, or expect to have, significant exposure to the Metaverse and supporting blockchain technologies. Companies that are not considered aligned with the United Nations Global Compact Principles are excluded from the index.

This new ETF will be listed on Deutsche Börse Zetra (XETRA) on 7 September and Borsa Italiana and the London Stock Exchange (LSE) 9 September. The ETF will be registered in the UK, Austria, Denmark, Finland, France, Germany, Ireland, Italy, Spain and Sweden. It will be managed by Dina Ting, Head of Global Index Portfolio Management, and lorenzo crosatoETF Portfolio Manager at Franklin Templeton

“Metaverse is expected to grow to $5 trillion by 20304 and to capture this exciting growth opportunity, we partnered with Germany-based index provider Solactive AG to develop a differentiated ETF backed by the scale and resources of Franklin Templeton. Headquartered in the center of innovation, Silicon Valley, our company is a leader in thematic and technology investments. We are delighted to be one of the first to enter this space, offering European investors a low-cost access to all major areas of the metaverse Provides access to a diverse set of cutting-edge companies in the U.S. The new ETF allows investors to diversify their core holdings and satellite themed sleeves into their existing portfolios with unparalleled exposure and participate in the expected secular growth of the underlying megatrend Which is digitization.”

Caroline Barron, Director of ETF Business Development, EMEA, Franklin Templeton

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The ETF will offer European investors profitable, UCITS-compliant MetaVerse exposure, as well as Europe’s lowest total expense ratio (TER5) of 0.30% (TER is 50% lower on average than other UCITS MetaVerse ETF6).

The Franklin LibertyShares platform enables investors to achieve desired results through a range of Active, Smart Beta and Passive ETFs. Backed by the strength and resources of one of the world’s largest asset managers, the global ETF platform has over $12 billion in assets under management globally as of August 31, 2022.

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