The fund provides exposure to growth stocks of any capitalization located anywhere in the world by substantially investing all its assets in the Franklin Global Growth Fund or its successor fund. The underlying fund uses a bottom-up approach and growth investment style, with up to 20% be invested in emerging markets. As an actively managed fund, FGGE may temporarily depart from its investment objective or strategy to make buy, sell, and hold decisions at their discretion. As such, the fund may engage in securities lending and invest a portion of its assets in securities of other mutual funds, ETFs, derivatives, and other investments. Franklin Templeton Investments Corp. serves as fund manager of the ETF.