Franklin U.S. Mid Cap Multifactor Index ETF

Franklin U.S. Mid Cap Multifactor Index ETF is an exchange-traded fund that aims to track the performance of the LibertyQ U.S. Mid Cap Equity Index. The fund provides diversified exposure to U.S. mid-cap companies selected through a rules-based, multifactor approach that emphasizes quality, value, momentum, and low volatility. It is designed to represent a broad slice of the mid-cap blend segment of the U.S. equity market, holding a portfolio of stocks across sectors such as financials, healthcare, industrials, technology, and consumer industries. Franklin U.S. Mid Cap Multifactor Index ETF is used by investors seeking systematic, index-based exposure to mid-sized U.S. businesses within a single fund structure, with portfolio construction focused on factor weighting rather than active stock picking.