Franklin Templeton Files for Quant-Driven International Equity ETF

The Franklin Core International Enhanced Equity ETF will target developed-market stocks outside the U.S. The actively-managed fund will invest at least 80% of assets in equities and primarily select companies from the MSCI EAFE universe. Its quantitative, multi-style strategy combines quality, value, sentiment and alternative factors with a proprietary “conviction” signal derived from actively managed Franklin Templeton portfolios. The ETF can invest across market caps and may allocate up to 10% to U.S. and emerging-market securities. The portfolio is generally rebalanced monthly and may use equity futures for exposure, liquidity or hedging.