Franklin Catholic Principles Eme...Markets Sovereign Debt UCITS ETF

(FLCV)

The objective of the Sub-Fund is to provide exposure to Euro- and US Dollardenominated sovereign debt issued by emerging market countries.The investment policy of the Sub-Fund is to track the performance of the Index (or such other index determined by the Directors from time to time as being able to track substantially the same market as the Index and which is considered by the Directors to be an appropriate index for the Sub-Fund to track, in accordance with the Prospectus) 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 Sub-Fund’s performance and that of the Index