Franklin ClearBridge US Smaller Companies UCITS ETF (CBSM)

Profile

Franklin ClearBridge US Smaller Companies UCITS ETF Acc is an actively managed exchange-traded fund that invests primarily in small and mid-capitalization companies within the United States. It targets firms typically with market capitalizations ranging from approximately $500 million to those constituting the largest constituents of its benchmark index. The fund aims to provide long-term growth and maximize returns through a focused portfolio of equities, with significant allocations in sectors such as Industrials, Information Technology, and Health Care. Managed by ClearBridge Investments under Franklin Templeton ICAV, this ETF employs a physical replication strategy with an accumulating distribution policy, meaning dividends are reinvested back into the fund to enhance share value. Launched in late 2025, it maintains a total expense ratio of 0.49% and is denominated in US dollars, with exposure unhedged against currency fluctuations. This fund offers investors targeted exposure to the US smaller companies segment, playing an important role for those seeking diversification beyond large-cap equities in the dynamic US economy.