Franklin Small Cap Enhanced ETF - FSML

Franklin Small Cap Enhanced ETF is an actively managed equity fund that seeks long-term capital appreciation by investing in small-cap securities drawn from the Russell 2000 Index universe. The fund employs a disciplined multi-factor, quantitative investment approach that combines fundamental expertise and proprietary conviction factors from Franklin Templeton's specialist investment managers, including Putnam, Royce, Franklin, and ClearBridge. This factor-diversified strategy aims to minimize dependence on any single market driver while identifying high-conviction investment opportunities in the small-cap segment. The fund maintains quarterly dividend distributions and is structured as an exchange-traded product, allowing investors to trade shares throughout trading hours at market prices.