Franklin Templeton has continued expanding on their Paris-aligned benchmark (PAB) with the announcement of the launch of the Franklin MSCI China Paris Aligned Climate UCITS ETF (PABC). PABC plans to follow the MSCI China Climate Paris-Aligned Index and the EU Climate Benchmark Paris-Aligned Benchmark Index looking to gain exposure from large and mid-cap Chinese securities.
ETF Newz Says:
There are ETFs with exposure to China ESG but PABC will be the first to do so and follow the PAB.