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About Franklin Sustainable International Equity ETF
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Inception date
Oct 30, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
ISIN
US35473P4542
MCSE holds a high-conviction portfolio of 20 to 40 non-US equities of any market cap. It expects to invest in at least three countries and may include depositary receipts, preferred stocks, convertibles, and other ETFs. 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. On October 31, 2022, MCSE converted from a mutual fund to an active ETF, starting with $30 million in net assets. Before July 1, 2025, 'Martin Currie' was replaced with 'Franklin' in the fund name.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Producer Manufacturing
Technology Services
Consumer Durables
Stocks98.66%
Health Technology23.28%
Producer Manufacturing17.13%
Technology Services12.73%
Consumer Durables12.33%
Consumer Non-Durables9.96%
Electronic Technology9.49%
Process Industries5.69%
Commercial Services4.53%
Finance2.66%
Retail Trade0.87%
Bonds, Cash & Other1.34%
Cash1.34%
Stock breakdown by region
Europe74.51%
North America15.36%
Asia7.08%
Oceania3.05%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MCSE invests in stocks. The fund's major sectors are Health Technology, with 23.28% stocks, and Producer Manufacturing, with 17.13% of the basket. The assets are mostly located in the Europe region.
MCSE top holdings are Ferrari NV and ResMed Inc. CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh, occupying 8.57% and 7.53% of the portfolio correspondingly.
MCSE last dividends amounted to 0.08 USD. The year before, the issuer paid 0.08 USD in dividends, which shows a 1.94% decrease.
MCSE assets under management is 30.64 M USD. It's fallen 1.12% over the last month.
MCSE fund flows account for −186.00 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MCSE pays dividends to its holders with the dividend yield of 0.59%. The last dividend (Dec 30, 2024) amounted to 0.08 USD. The dividends are paid annually.
MCSE shares are issued by Franklin Resources, Inc. under the brand Martin Currie. The ETF was launched on Oct 30, 2022, and its management style is Active.
MCSE expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
MCSE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MCSE invests in stocks.
MCSE price has risen by 2.24% over the last month, and its yearly performance shows a −8.09% decrease. See more dynamics on MCSE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.09% over the last month, showed a −0.21% decrease in three-month performance and has decreased by −6.93% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.09% over the last month, showed a −0.21% decrease in three-month performance and has decreased by −6.93% in a year.
MCSE trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.