Franklin Liberty Euro Short Maturity UCITS ETF


The fund's objective is to provide income whilst maximising total returns in the Euro-denominated short term fixed income market by investing primarily in Euro-denominated short-term debt securities and investments.


 United Kingdom       Germany      Italy      Austria       Switzerland       Denmark       Finland       Sweden


David Zahn, CFA®

  • London, United Kingdom
  • Years Of Experience: 26

Sonal Desai, Ph.D

  • California, United States
  • Years Of Experience: 26

Rod MacPhee, CFA®

  • London, United Kingdom
  • Years Of Experience: 13

What are the Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments. There is no guarantee that the Fund will meet its objective. For full details of all the risks applicable to this Fund, please refer to the “Risk Considerations” section of the current prospectus of Franklin LibertyShares ICAV.

  • The Fund invests primarily in short-term investment grade debt securities denominated in Euros while aiming to maintain capital preservation and liquidity. Such securities have historically proven to present some stability over time and have benefitted from limited exposure to interest rates and movements in the bond market. As a result, the performance of the Fund can fluctuate to a small degree over time.
  • Other significant risks include:
    Counterparty risk: the risk of failure of financial institutions or agents (when serving as a counterparty to financial contracts) to perform their obligations, whether due to insolvency, bankruptcy or other causes.
    Credit risk: the risk of loss arising from default that may occur if an issuer fails to make principal or interest payments when due. This risk is higher if the Fund holds low-rated, sub-investment-grade securities.
    Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks.
    Secondary Market Trading risk: the risk that the shares purchased on the secondary market cannot usually be sold directly back to the Fund and that investors may therefore pay more than NAV per Share when buying shares or may receive less than the current NAV per Share when selling shares.