Franklin US Income Equity Focus UCITS ETF - USD DIS ETF

To provide income and capital appreciation from the US equity market. The Fund invests mostly in equities of US companies of large market capitalisation and equity-related securities with dividend yields that the investment manager believes are attractive. The equity and equity related securities in which the Fund can invest include common stocks, preferred stocks, equity-linked notes (ELNs) and securities convertible into common stocks. To a lesser extent the Fund may invest in securities of non-US issuers, including American Depository Receipts. The investment manager uses fundamental analysis to evaluate a company's long-term earnings or the value of its assets, while also being focused on the income which they may generate, and the Investment Manager's assessment of their cash flow potential, price/earnings ratio and profit margins. Although the Fund maintains the flexibility to invest in securities of companies from a variety of sectors, from time to time the Fund may have substantial investments in particular sectors in which US large cap companies have a significant market share.