Franklin FTSE Brazil UCITS ETF

Franklin FTSE Brazil UCITS ETF is an exchange-traded fund designed to track the FTSE Brazil 30/18 Capped Index, which comprises large and mid-capitalization Brazilian equities. Launched in June 2019 and domiciled in Ireland, it provides investors with targeted exposure to the Brazilian equity market through physical replication of the benchmark, holding approximately 70-80 stocks. The fund is accumulating, meaning dividends from underlying holdings are reinvested rather than distributed, and it carries a low total expense ratio of 0.19% per annum. With assets under management around EUR 77 million and denominated in USD, it remains unhedged against currency risk, exposing investors to Brazilian real fluctuations. Sector allocations emphasize financials (around 31%), materials (16%), utilities (15%), and energy (13%), reflecting Brazil's economic composition in commodities, banking, and infrastructure. Notable holdings include major firms like Itau Unibanco, Vale, and Petrobras. Managed by Franklin Templeton, this UCITS-compliant ETF plays a key role in offering diversified access to Brazil's dynamic emerging market, subject to inherent volatility from stock market swings and geopolitical factors.