The Global Dividend ETF will track the Franklin Global Dividend Index, which is based off the MSCI ACWI ex REITs Index. The new ETF, though, will also utilize a multi-factor selection process based off growth and sustainability of dividends as well as quality while seeking a lower level of risk and higher risk-adjusted performance than the MSCI ACWI ex REITs Index.
Lastly, the Global Equity ETF will try to reflect the performance of the Franklin Global Equity Index, which is based off the MSCI ACWI Index. The ETF’s benchmark will also screen for the four quality, value, momentum and low volatility factors.
The four new funds will be listed on the NYSEArca exchange. No expense ratios or tickers were given at the time of the updated filing.
Max Chen contributed to this article.