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Why Emerging Markets ETFs?

Emerging markets remain underrepresented in many investors' portfolios, despite their significant contributions to global GDP¹. Once reliant on cheap labour and raw materials, these economies have evolved, prioritising technological advancements and productivity for growth. When investing in emerging markets, there's no universal approach. We offer a diversified range of cost-effective, single-country ETFs. These allow investors to tailor allocations to specific needs, capturing dynamic opportunities across diverse markets.

Targeted Exposure

Seize emerging markets opportunities in Brazil, China, India and South Korea through indexed exposures.

Low Cost

Benefit from competitively priced passive ETFs with Total Expense Ratios from 0.09%.

Invest with the Leader

Benefit from the dynamism of emerging markets with the leader. Franklin Templeton is a pioneer in emerging markets with over three decades of experience. We offer exposure to emerging markets through a variety of ways.

Key Markets in Focus

  • Brazil
  • China
  • India
  • Saudi Arabia
  • South Korea
  • Taiwan

Brazil

Brazil – The Classic

•    Brazil’s economy is closely tied to commodity markets, supplying nearly one-fifth of global iron ore and ranking among the top oil and agricultural product exporters.8
•    With approximately 150 million working-age people9, Brazil constitutes 50% of South America’s GDP10 and around two-thirds of its equity market capitalization11.
•    The Brazilian government actively implements supportive policies for business, such as implementing a more intuitive dual value-added tax system. This should foster a business-friendly environment for decades to come.12

China

China – The Giant

•    China boasts the world’s 2nd largest population and is also a giant in economic terms, contributing around 17% to global GDP6. Surprisingly, it represents only 3% of a typical market cap-weighted portfolio7. 
•    Despite occasional volatility, Chinese equities have consistently outperformed global emerging markets over the long term.*
•    China’s ongoing transformation towards technology and high-value products positions it as a potential leader in various sectors. As a result, investors should consider a standalone allocation.

* Past performance does not predict future returns.

India

India – The Ambitious

•    As Asia’s growth engine, India boasts the world’s 5th largest economy and is poised to climb to 3rd place within the next five years. 
•    With the world’s largest population, India’s GDP per capita has surged over the last decade2, driving economic expansion. 
•    A strong consumer market fuels growth, while reform-oriented policies and a commitment to fostering global partnerships bolsters manufacturing. 
•    India’s embrace of the digital transformation is enriching its economy, fostering progress in finance and e-commerce.

Saudi Arabia

Saudi Arabia

•    Open to foreign capital since 2015 and now easily accessible through investment funds.
•    Economy is diversifying from oil, making it more attractive to foreign investors.
•    Implementing ambitious plans, such as NEOM16 and Vision 2030, to transform its economy, with labour participation and digitization underpinning future growth.

South Korea

South Korea – The Innovator

•    Korea is one the few countries able to produce cutting-edge processers3 and high bandwidth memory4 crucial for smart devices.
•    Renowned worldwide for its diverse consumer products, Korea’s offerings span from cosmetics and appliances to reliable cars. 
•    Government-led reforms in Korea aim to enhance corporate governance and shareholder value, alleviating concerns around the “Korea discount”.5

Taiwan

Taiwan – The Challenger

•    Despite occupying only 0.03% of the world’s land, Taiwan is a dominant force in the semiconductor industry3. 
•    Advanced technologies like artificial intelligence, smartphones, electric vehicles, and virtual reality all rely heavily on chips manufactured in Taiwan, with no viable alternatives.4
•    Taiwan’s pivotal role in global supply chains is reinforced by its strategic geographic location and prominent shipping capacity. 
•    Despite being classified as an emerging economy, Taiwan’s GDP per capita is comparable to developed economies like Japan.5

Explore Our Emerging Markets ETFs

Franklin FTSE Brazil UCITS ETF

FVUB | TER: 0.19%

  • Strength in size
  • Rich in natural resources
  • Supportive reforms
  • A political force for Latin America
Fund Overview

Franklin FTSE China UCITS ETF

FRCH | TER: 0.19%

  • Increased market openness
  • Shift to high value exports
  • Growing consumer class driving growth in premium home-grown brands
  • Growth in domestic innovations
Fund Overview

Franklin FTSE India UCITS ETF

FRIN | TER: 0.19%

  • Strong response to the COVID-19 pandemic
  • Emerging as global leader in renewable energy
  • Increased spending on infrastructure and rural areas
  • Digital transformation
Fund Overview

Franklin FTSE Korea UCITS ETF

FLRK | TER: 0.09%

  • Commitment to higher education
  • Leader in innovative technologies
  • Improving governance
  • Top global exporter
Fund Overview

Franklin FTSE Taiwan UCITS ETF

FLXT | TER: 0.19%

  • Cost-efficient access to Taiwanese equities
  • Leader in global chip manufacturing and container shipping
  • Top-3 in global research, spending 3.5% of GDP
  • Low debt-to-GDP ratio, around 34%
Fund Overview

Franklin FTSE Saudi Arabia UCITS ETF

FLXS | TER: 0.39%

  • Open to foreign capital since 2015, easily accessible via investment funds
  • Diversifying economy beyond oil, attracting foreign investors
  • Ambitious plans like NEOM16 and Vision 2030 focus on labor participation and digitization
Fund Overview

Insights

30. OCTOBER 2025

Six months since Liberation Day: Where global investors are rotating next

Six months after Liberation Day, the global investment landscape has shifted as countries have sought to respond to changes in US tariff policies. In this article, Franklin Templeton ETFs’ Dina Ting discusses the divergence in returns and new opportunities in select countries whose equities are performing well, while others are also showing some potential.

23. OCTOBER 2025

The bull enters its prime

The US equity market is in its fourth year of a bull run, having surged significantly since 2022. Despite concerns about valuations, Marcus Weyerer of Franklin Templeton ETFs suggests that the current AI-driven market may still have room to run, in contrast to what happened during the dot-com bubble.

30. SEPTEMBER 2025

From “if” to “where:” Which emerging markets are rebounding

As emerging markets surge in 2025, China and South Korea stand out as compelling investment opportunities, according to Franklin Templeton’s Dina Ting. This article explores these countries’ recent performance and future prospects, highlighting what makes them attractive to investors.

Footnotes

1 OECD. Perspectives on Global Development 2021, Economy: Developing countries set to account for nearly 60% of world GDP by 2030, according to new estimates.
2 World Economic Outlook Database (imf.org), 2024
3 Taiwan Facts | Britannica, 2024
4 Taiwan’s dominance of the chip industry makes it more important (economist.com), 2024
5 World Economic Outlook Database (imf.org), 2024
6 TSMC’s Foundry Market Share Crosses 60%, Further Widening Its Lead over Samsung Electronics - Businesskorea, 2024
7 Samsung doubles down in HBM race with largest memory - KED Global, 2024
8 South Korea unveils reforms to unlock value of listed companies (ft.com), 2024; Top 10 Oil-producing Countries (investingnews.com) 2024
9 World Economic Outlook (October 2023) - GDP, current prices (imf.org), 2024
10 FTSE, 2024
11 US International Trade Administration, 2024
12 Population ages 15-64, total - Brazil | Data (worldbank.org), 2024
13 IMF, 2024
14 Bloomberg, 2024
15 Brazilian Tax Reform And Its Implications For Foreign Sellers (forbes.com), 2023
16 NEOM is an urban area being built by Saudi Arabia in Tabuk Province. Launched in 2017 by Crown Prince Mohammad bin Salman, it is located at the northern tip of the Red Sea, east of Egypt and south of Jordan. NEOM aims to transform the Red Sea coast into a futuristic city powered by 100% renewable energy.

What are the key risks?

The value of shares in the funds 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 funds will meet their objective.

The Franklin FTSE Brazil UCITS ETF intends to track the performance of the Underlying Index which is comprised of Brazilian large and mid-cap equities. Such assets have historically been subject to price movements due to such factors as general stock market volatility, changes in the financial outlook or fluctuations in currency markets. As a result, the performance of the Fund can fluctuate very significantly over relatively short time periods.

The Franklin FTSE China UCITS ETF intends to track the performance of the Underlying Index which is comprised of Chinese large and mid-cap stocks. Such assets have historically been subject to price movements due to such factors as general stock market volatility, changes in the financial outlook or fluctuations in currency markets. As a result, the performance of the Fund can fluctuate significantly over relatively short time periods.

The Franklin FTSE India UCITS ETF intends to track the performance of the Underlying Index which is comprised of Indian large and mid-cap equities. Such assets have historically been subject to price movements due to such factors as general stock market volatility, changes in the financial outlook or fluctuations in currency markets. As a result, the performance of the Fund can fluctuate significantly over relative short time periods.

The Franklin FTSE Korea UCITS ETF intends to track the performance of the Underlying Index which is comprised of South Korean large and mid-cap equities. Such assets have historically been subject to price movements due to such factors as general stock market volatility, changes in the financial outlook or fluctuations in currency markets. As a result, the performance of the Fund can fluctuate significantly over relatively short time periods.

The Franklin FTSE Taiwan UCITS ETF intends to track the performance of the Underlying Index which is comprised of Taiwanese large and mid-cap stocks. Such assets have historically been subject to price movements due to such factors as general stock market volatility, changes in the financial outlook or fluctuations in currency markets. As a result, the performance of the Fund can fluctuate significantly over relatively short time periods.

The Franklin FTSE Saudi Arabia UCITS ETF aims to provide exposure to large and mid-capitalisation stocks in Saudi Arabia. The Fund seeks to track the performance of the FTSE Saudi Arabia 30/18 Capped Index-NR as closely as possible, regardless of whether the Index level rises or falls, while seeking to minimise as far as possible the tracking error between the Fund's performance and that of the Index.
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. Foreign currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations. Emerging markets risk: the risk related to investing in countries that have less developed political, economic, legal and regulatory systems, and that may be impacted by political/economic instability, lack of liquidity or transparency, or safekeeping issues. Portfolio concentration risk: the risk that arises when a fund invests in relatively few holdings, few sectors or a restricted geographic area. Performance may be more volatile than a fund with a greater number of securities. 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, for Franklin FTSE China UCITS ETF also Chinese market risk: In addition to typical risks linked to Emerging Markets, investments in China are subject to economic, political, tax and operational risks specific to the Chinese Market. Please also refer to the prospectus for China QFII risk, Bond Connect risk and Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect risk, for Franklin FTSE Saudi Arabia UCITS ETF: Index license risk: to utilise an Index, the Fund may need to have a licence agreement signed with the Index Provider. If, at any time in respect of an Index, the licence granted terminates or disputed, impaired or ceases to exist, the Directors may be forced to replace the Index with another Index. Such a substitution or any delay in such a substitution may have an adverse impact on the Sub-Fund. Single country/region risk: This fund invests primarily in Saudi Arabia, which means that it is more sensitive to local economic, market, political or regulatory events in Saudi Arabia, and will be more affected by these events than other funds that invest in a broader range of regions. Index tracking risk: No financial instrument or set of investment techniques enables the returns of any Index to be reproduced or tracked exactly. Changes in the investments of any Sub-Fund and re-weightings of the relevant Index may give rise to various transaction costs, operating expenses or inefficiencies which may adversely impact a Sub-Fund's tracking of an Index. Passive investment risk: An Index Tracking Sub-Fund will be negatively affected by general declines in the securities and asset classes represented in its Index. Because Index Tracking Sub-Funds are not “actively” managed, Market disruptions and regulatory restrictions could have an adverse effect on an Index Tracking Sub-Fund's ability to adjust its exposure to the required levels. Index related risk: the risk that quantitative techniques used in creating the Index the Fund seeks to track do not generate the intended result, or that the portfolio of the Fund deviates from its Index composition or performance..

For full details of all the risks applicable to the funds, please refer to the “Risk Considerations” section of the fund in the current prospectus.

Important legal information

Franklin Templeton ICAV ("the ETF" or “Fund”) investment returns and principal values will change with market conditions, and an investor may have a gain or a loss when they sell their shares. Please visit www.franklinresources.com/all-sites for the Franklin Templeton ICAV standardised and most recent month-end performance. There is no guarantee that any strategy will achieve its objective.

All performance data shown is in the fund's base currency. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual investors may realise returns that are different to the NAV performance. Past performance does not predict future returns. The actual costs vary depending on the executing custodian. In addition, deposit costs may be incurred which could have a negative effect on the value. Please find out the costs due from the respective price lists from the processing/custodian bank. Changes in exchange rates could have positive or negative effects on this investment. Please visit www.franklinresources.com/all-sites to be directed to your local Franklin Templeton website for current performance, and to see the latest Prospectus or Supplement for further details. Information is historical and may not reflect current or future portfolio characteristics. All portfolio holdings are subject to change.

The Fund may use financial derivatives or other instruments which entail specific risks more fully described in the Fund's Documents. An investment in the ETF entails risks which are described in the latest Prospectus or Supplement and in the relevant KID/KIID. The Fund's documents are available in English, German and French from your local website or can be requested via FT’s European Facilities Service which is available at www.eifs.lu/franklintempleton.

In addition, a Summary of Investor Rights is available from www.franklintempleton.lu/summary-of-investor-rights. The summary is available in English.

Franklin Templeton ICAV is notified for marketing in multiple EU Member States under the UCITS Directive. Franklin Templeton ICAV can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 93a of the UCITS Directive.

Franklin Templeton ICAV (domiciled outside of the U.S. or Canada) may not be directly or indirectly offered or sold to residents of the United States of America or Canada. ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Indices are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.

All FTSE Russell data is provided "as is". The Fund described herein is not sponsored or endorsed by FTSE Russell. In no event shall FTSE Russell, its affiliates or any FTSE Russell data provider have any liability of any kind in connection with the FTSE Russell data or the Fund described herein. Copying or redistributing the FTSE Russell data is strictly prohibited.

Important data provider notices and terms available at www.franklintempletondatasources.com.

Issued by Franklin Templeton Switzerland Ltd,Talstrasse 41, CH-8001 Zurich. Paying agent in Switzerland is BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich.