Franklin Sustainable International Equity ETF

Frequently Asked Questions About MCSE

What are the top holdings of MCSE?

Franklin Sustainable International Equity ETF holds 28 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does MCSE have?

MCSE holds 28 positions as reported by the fund's most recent disclosure.

What sectors does MCSE invest in?

Franklin Sustainable International Equity ETF (MCSE) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is MCSE most exposed to?

MCSE's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is MCSE a US-only fund?

The country allocation card on this page shows MCSE's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does MCSE invest in?

MCSE holds a high-conviction portfolio of 20 to 40 non-US equities of any market capitalization. It expects to invest in at least three countries and may include depositary receipts, preferred stocks, convertibles, and other ETFs in its equity investments. The fund uses a proprietary analytical framework to assign risk ratings according to various ESG factors related to governance and sustainability. Companies with high-risk ratings are filtered out. The fund also screens out companies significantly involved in tobacco, weapons, fossil fuels, and mining, as well as firms classified under metals and mining-related industries in GICS. MCSE focuses on reasonably valued companies with a strong history or potential for high and durable returns, as determined by the advisers evaluation of long-term potential. The fund aims to make a long-term capital commitment on its investments. On October 31, 2022, MCSE converted from a mutual fund to an actively managed ETF structure, starting with $30 million in net assets.