Key Investor Information

This document provides you with key investor information about this fund. It is not marketing material.

The information is required by law to help you understand the nature and the risks of investing in this

fund. You are advised to read it so you can make an informed decision about whether to invest. Franklin Catholic Principles Emerging Markets Sovereign Debt UCITS ETF Class SINGLECLASS • ISIN IE000YZIVX22 • A sub-fund of Franklin Templeton ICAV The management company is Franklin Templeton International Services S.à r.l.

Objectives and Investment Policy Franklin Catholic Principles Emerging Markets Sovereign Debt UCITS ETF

governance ratings data. The investment criteria as applied result in the (the “Fund”) provides exposure to Euro and US Dollar-denominated Index having an overall carbon footprint of 30% less than the Parent Index. sovereign debt issued by emerging market countries.

Each country's exposure in the Index is capped at 10%. To increase its The Fund is classified as Article 8 under the EU Sustainable Finance liquidity and investability, the Index also excludes bonds from the parent Disclosure Regulation. The Fund seeks to track the performance of the ICEindex which have amounts outstanding of less than 500 million US Dollars Catholic Principles ESG Emerging Markets External Sovereign Index (the

or Euro, depending on their denomination. “Index”) as closely as possible, regardless of whether the Index level rises The Fund may use derivatives for efficient portfolio management purposes or falls, while seeking to minimise as far as possible the tracking erroronly. between the Fund's performance and that of the Index. The Index is based This Fund may not be appropriate for investors who plan to withdraw their on the ICE BofA Diversified Emerging Markets External Debt Sovereign money within five (5) years. Bond Index (the “Parent Index”) and is comprised of US Dollar- and Euro- denominated sovereign bonds issued by emerging market countries. The Fund's shares are listed and traded on one or more stock exchanges.

Investors can deal in shares daily through a broker on stock exchange(s) Index Securities may be issued with any maturity, subject to having at least on which the shares are traded. Income from the Fund's investments will 18 months to their final maturity at the time of their issue and at least onebe reinvested and not distributed to investors. year remaining to their final maturity as of each Index rebalancing date. They may have either fixed and floating rates and be rated investmentFor further information on the Objectives and Investment Policy of the grade or below, subject to a minimum rating of B3 based on the average

Fund, please refer to the “Investment Objective and Strategy” section of the ratings from recognised rating agencies. Index Securities are issued by

current prospectus of Franklin Templeton ICAV and the Fund supplement. governmental issuers, which may include government agencies and quasiTerms to Understand sovereigns. The securities in which the Fund invests will be primarily listedDebt securities: Securities representing the issuer's obligation to repay a or traded on recognised markets globally in accordance with the limits set

loan at a specified date and to pay interest. out in the UCITS Regulations. Index constituents are capitalisation- weighted, based on their current amount outstanding, provided the total

Derivatives: Financial instruments whose characteristics and value allocation to an individual country does not exceed 10%. depend on the performance of one or more underlying assets, typically

securities, indexes, currencies or interest rates. The Index starts with the investment universe of the Parent Index and excludes the bonds issued by countries which score poorly on the following

For accumulation shares, income from investments is reinvested in the criteria which have been identified by the Index Provider as being Roman Fund and reflected in the price of shares. Catholic principles: governments' moral integrity, social justice, abolition of the death penalty and care for the planet based on environmental, social,

Risk and Reward Profile

Counterparty risk: the risk of failure of financial institutions or agents

(when serving as a counterparty to financial contracts) to perform their

obligations, whether due to insolvency, bankruptcy or other causes.1

23 4

56

7

Credit risk: the risk of loss arising from default that may occur if an issuer

fails to make principal or interest payments when due. This risk is higher if

the Fund holds low-rated, sub-investment-grade securities.

Derivative Instruments risk: the risk of loss in an instrument where a Lower riskHigher risksmall change in the value of the underlying investment may have a larger Potentially lower rewards Potentially higher rewards impact on the value of such instrument. Derivatives may involve additional

liquidity, credit and counterparty risks.

Emerging markets risk: the risk related to investing in countries that have What does this indicator mean and what are its limits?

less developed political, economic, legal and regulatory systems, and that

may be impacted by political/economic instability, lack of liquidity or This indicator is designed to provide you with a measure of the pricetransparency, or safekeeping issues. movement of this share class based on historical behavior.

Foreign Currency risk: the risk of loss arising from exchange-rate

fluctuations or due to exchange control regulations. Historical data may not be a reliable indication of the future risk profile of

Index related risk: the risk that quantitative techniques used in creating the the Fund. The category shown is not guaranteed to remain unchanged and

Index the Fund seeks to track do not generate the intended result, or that may shift over time. the portfolio of the Fund deviates from its Index composition or The lowest category does not mean risk free. performance.

Secondary market trading risk: the risk that the shares purchased on the As the share class has no sufficient historical data available, simulated data

secondary market cannot usually be sold directly back to the Fund and that based on a representative portfolio model or benchmark have been usedinvestors may therefore pay more than the NAV per share when buying instead. shares or may receive less than the current NAV per Share when selling

shares. Why is the Fund in this specific category?

Sovereign risk: the risk that the value of securities issued by governments

or by agencies may be affected by the creditworthiness of the relevant The Fund intends to track the performance of the Index which is comprisedgovernment, including any default or potential default by the relevant of debt securities in emerging market countries selected from the Parent government. Index. Such assets have historically been subject to price movements due For a full discussion of all the risks applicable to this Fund, please refer to to such factors as general market volatility, changes in the financial outlook

the “Risk Considerations” section of the current prospectus of Franklin or fluctuations in currency markets. As a result, the performance of the Templeton ICAV. Fund can fluctuate considerably over time. Risks materially relevant not adequately captured by the indicator:

1/2Franklin Catholic Principles Emerging Markets Sovereign Debt UCITS ETFCharges The charges you pay are used to pay the costs of running the Fund, *No entry nor exit charges are payable where investors deal in shares in including the costs of marketing and distributing it. These charges reduce the secondary market – i.e. where shares are purchased and sold on a the potential growth of your investment.

stock exchange. In such cases, investors may pay fees charged by theirbroker. Authorised Participants dealing directly with the Fund may pay an One-off charges taken before or after you invest

entry charge up to a maximum of 3% and an exit charge up to a maximumof 2%. Entry charge Not applicable*The entry and exit charges shown are maximum amounts: you may pay Exit charge

Not applicable*

less in some cases. For more information please ask your financial adviser. This is the maximum that might be taken out of your money before it is The ongoing charges are based on the expenses for the year ending 31 invested.

December 2024. This figure may vary from year to year. Charges taken from the Fund over a yearFor detailed information about charges, please refer to the “Fees and Ongoing charges0.35%

Expenses” section of the current prospectus of Franklin Templeton ICAVand the Fund supplement. Charges taken from the Fund under certain specific conditions Performance fee

Not applicable• Past Performance• Past performance is not a guide to future performance.

12.0• The past performance shown here includes all the ongoing charges.• The Fund was launched in 2022 and the present share class on

10.0

27/06/2022.• Past performance is calculated in the currency of the present share class.8.0

6.0

4.0

2.0

0.0

-2.0

2020 2021

2022

2023 202410.2

-0.811.0

5.1 Franklin Catholic Principles Emerging Markets Sovereign Debt

UCITS ETF Class SINGLECLASS

ICE Catholic Principles ESG Emerging Markets External Sovereign

Index

Practical Information • The Depositary of Franklin Templeton ICAV is State Street Custodialmisleading, inaccurate or inconsistent with the relevant parts of the

Services (Ireland) Limited.prospectus of the Fund. • You can obtain further information about the Fund, copies of its • The present Fund is a sub-fund of Franklin Templeton ICAV. The

prospectus, supplement and its latest annual and semi-annual reports

prospectus and the annual and semi-annual reports refer to all sub-funds

from the website www.franklintempleton.com or free of charge from the

of Franklin Templeton ICAV. All Funds of Franklin Templeton ICAV have

Administrator, State Street Fund Services (Ireland) Limited, 78 Sir John

segregated assets and liabilities. As a result, each Fund is operated

Rogerson's Quay, Dublin 2, Ireland or your financial adviser. Theseindependently from each other.

documents are each available in English and certain other language(s).

• You may not exchange shares with another sub-fund of Franklin • The latest Net Asset Value and other practical information on the Fund is

Templeton ICAV.

available from the Administrator, State Street Fund Services (Ireland)

• The details of the up-to-date remuneration policy of the management

Limited, 78 Sir John Rogerson's Quay, Dublin 2, Ireland or company, including but not limited to, a description of how remuneration

www.franklintempleton.com

and benefits are calculated, the identity of persons responsible for • The indicative Net Asset Value is displayed on major market data vendorawarding the remuneration and benefits including the composition of the

terminals. remuneration committee, are available at www.franklintempleton.lu and a

paper copy can be obtained free of charge. • Please note that the Irish taxation regime may have an impact on your

personal tax position. Please consult your financial or tax adviser before

• Further Fund Information: Environmental, social and governance(ESG)

deciding to invest.criteria are one of the components of management but their weight in the

final decision is not defined in advance. • Franklin Templeton International Services S.à r.l may be held liable solely

on the basis of any statement contained in this document that is This Fund is authorised in Ireland and is regulated by the Central Bank of Ireland. Franklin Templeton International Services S.à r.l. is authorised in the Grand Duchy of Luxembourg and is regulated by the Commission de Surveillance du Secteur Financier. This key investor information is accurate as at 06/02/2025.

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