Franklin Templeton rebrands Metaverse UCITS ETF to include AI and blockchain

Takes effect in June

clock • 1 min read

Franklin Templeton will change the name of its $3.6m Metaverse UCITS ETF to Franklin AI, Metaverse, and Blockchain UCITS ETF.

According to Franklin Templeton, the name change, effective from 7 June, has been made to "better reflect" the ETF's exposure to multiple industries in the underlying index, which comprises publicly listed companies from around the world that are investing in the metaverse. In addition, the index methodology for the ETF will change to increase the number of companies it tracks from 60 to 75, given "this nascent segment is evolving, and more companies are qualifying for index inclusion".  Franklin Templeton launches three active fixed income ETFs At the same time, the Franklin AI, M...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

BlackRock launches five climate-focused iShares ETFs

BlackRock launches five climate-focused iShares ETFs

Five new products

clock 13 June 2024 • 2 min read
WisdomTree launches global core sustainable equity ETF

WisdomTree launches global core sustainable equity ETF

Developed with Irish Life IM

Valeria Martinez
clock 11 June 2024 • 1 min read
HANetf to drop fossil fuel exclusions for India ESG ETF

HANetf to drop fossil fuel exclusions for India ESG ETF

Effective 21 June

clock 30 May 2024 • 1 min read
Trustpilot