Franklin S&P 500 Screened ETF

Franklin S&P 500 Screened ETF is a type of exchange-traded fund designed to track the performance of the S&P 500 Index, minus certain screened stocks. Its primary function is to provide investors with an opportunity to participate in the diversified returns of large-cap U.S. equities, while adhering to specific ethical, environmental, social, or governance criteria that guide its screenings. This ETF holds a portfolio of the 500 largest publicly traded companies in the U.S., representing a broad range of industries including technology, healthcare, finance, and consumer goods. By excluding certain companies that do not meet the fund's screening standards, it appeals to investors who are interested in socially responsible investing while still capturing the growth potential of the U.S. stock market's leading businesses. The ETF plays a significant role in the marketplace by aligning broad market exposure with investment principles.