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IE000STIHQB2

Franklin Euro Short Maturity UCITS ETF

As of 28/08/2026

NAV

€27.93

 
 

NAV Change

€-0.01

(-0.02%)
As of 31/07/2026

Morningstar Overall Rating™

EUR Ultra Short-Term Bond

All Franklin Templeton UCITS ETFs publish indicative net asset values (iNAV) provided by STOXX. Read about the methodology used here: DAX Guides and Factsheets. 

Overview

Fund Description

To seek to maximise income and growth of capital (total return) in the Euro-denominated short-term bond market. The Fund mainly invests in investment grade corporate and government bonds with a short maturity and denominated in EUR. These investments may be from anywhere in the world.

Sustainability-related Disclosures

The Fund promotes environmental and social characteristics in accordance with Article 8 of the Sustainable Finance Disclosure Regulation (the “SFDR”). 

In its implementation of the Fund’s ESG strategy, the Investment Manager avoids investment in issuers that are lagging in the transition to support a low-carbon economy.  

The Fund’s environmental or social characteristics are assessed both quantitatively and qualitatively, by means of sustainability indicators as well as of the Investment Manager’s proprietary ESG ratings system and its research and engagement process further described in the Website disclosure’s dedicated sections. As part of its investment decision making process, the Fund’s ESG strategy also uses binding criteria for the selection of underlying assets and applies specific ESG exclusions.  

Finally, the Fund has a minimum allocation of 11% of its portfolio to sustainable investments. The Fund ensures that its sustainable investments do not cause significant harm to any environmental or social sustainable investment objective. 

Please click here for more information.

Registered Countries

Registered Countries

Austria 
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Netherlands
Spain
Sweden
Switzerland
United Kingdom 

Why Consider This Fund?

  1. Provides access to a variety of European short-term bonds.
  2. Actively managed by the Franklin European Fixed Income Team.
  3. Used to help manage interest rate risk and put cash to work.

What Are The Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments. There is no guarantee that the Fund will meet its objective. For full details of all the risks applicable to this Fund, please refer to the “Risk Considerations” section of the current prospectus of Franklin Templeton ICAV.

  • The Fund invests primarily in short-term investment grade debt securities denominated in Euros while aiming to maintain capital preservation and liquidity. Such securities have historically proven to present some stability over time and have benefitted from limited exposure to interest rates and movements in the bond market. As a result, the performance of the Fund can fluctuate to a small degree over time.
  • Other significant risks include: 
    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. 
    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 small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks. 
    Secondary Market Trading risk: the risk that the shares purchased on the secondary market cannot usually be sold directly back to the Fund and that investors may therefore pay more than NAV per Share when buying shares or may receive less than the current NAV per Share when selling shares.
Fund Information
Base Currency for Fund 
EUR
Total Net Assets  As of 31/08/2026 (Updated Daily)
€597.73 Million
Fund Inception Date 
25/06/2018
Share Class Inception Date 
24/04/2023
ETF Type 
Active
Fiscal Year End 
30 June
Asset Class 
Fixed Income
Benchmark 
ICE BofA 0-1 Year Euro Broad Market Index
UCITS 
Yes
Administrator 
BNY Mellon Fund Services (Ireland) DAC
Depositary 
The Bank Of New York Mellon SA/NV, Dublin Branch
Use of Income 
Accumulating
EU SFDR Category 
Article 8
Charges
Total Expense Ratio 
0.15%
Identifiers
Ticker 
FVSA
ISIN Code 
IE000STIHQB2
Trading Characteristics
As of 28/08/2026 (Updated Monthly)
Shares Outstanding 
11176933

Trading Information

Exchange Name 
Borsa Italiana
Ticker 
FLESA
Currency 
EUR
Bloomberg 
FLESA IM
Reuters Number 
FLESAA.MI
SEDOL 
BMVRHL3
Exchange Name 
Deutsche Börse Xetra
Ticker 
FVSA
Currency 
EUR
Bloomberg 
FVSA GY
Reuters Number 
FVSA.DE
SEDOL 
BMVRHH9
Exchange Name 
SIX Swiss Exchange
Ticker 
FVSA
Currency 
EUR
Bloomberg 
FVSA SW
Reuters Number 
FVSA.S
SEDOL 
BPG25V0

Fund Managers

David Zahn, CFA®

London, United Kingdom

Managed Fund Since 2018

Rod MacPhee, CFA®

London, United Kingdom

Managed Fund Since 2018

Performance

Portfolio

Portfolio Holdings

Holdings

As of 28/08/2026 Updated Daily
Security Name 
BUNDES 1.3% 15/10/27
Weight (%) 
12.59
Market Value 
75278103.75
Notional Exposure 
75278103.75
Quantity 
76500000.00
Security Name 
CASH
Weight (%) 
8.80
Market Value 
52634387.04
Notional Exposure 
52634387.04
Quantity 
52634387.04
Security Name 
BUNDES 2.7% 17/09/26
Weight (%) 
8.62
Market Value 
51511124.00
Notional Exposure 
51511124.00
Quantity 
51500000.00
Security Name 
AUSTRI 0% 24/09/26
Weight (%) 
6.18
Market Value 
36943995.69
Notional Exposure 
36943995.69
Quantity 
37000000.00
Security Name 
FRANCE 0% 27/01/27
Weight (%) 
6.06
Market Value 
36215217.80
Notional Exposure 
36215217.80
Quantity 
36600000.00
Security Name 
AUSTRI 0% 26/11/26
Weight (%) 
2.99
Market Value 
17894404.98
Notional Exposure 
17894404.98
Quantity 
18000000.00
Security Name 
EUROP 2.625% 04/07/28
Weight (%) 
2.58
Market Value 
15409185.19
Notional Exposure 
15409185.19
Quantity 
15500000.00
Security Name 
ITALY 2.1% 26/08/27
Weight (%) 
2.49
Market Value 
14888925.00
Notional Exposure 
14888925.00
Quantity 
15000000.00
Security Name 
DENMAR 2.25% 02/10/26
Weight (%) 
2.34
Market Value 
14000607.46
Notional Exposure 
14000607.46
Quantity 
14000000.00
Security Name 
FRANCE 2.4% 24/09/28
Weight (%) 
2.20
Market Value 
13122551.40
Notional Exposure 
13122551.40
Quantity 
13300000.00

These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable. 

Pricing

Pricing History Chart

As of 28/08/2026 Updated Daily

Share Prices

As of 28/08/2026
NAV (Net Asset Value)
€27.93
NAV Change 
€-0.01
NAV Change (%) 
-0.02%
Highest / Lowest NAV
As of 28/08/2026 Updated Daily

Documents

Product Literature

PDF Format

Fact Sheet - Franklin Euro Short Maturity UCITS ETF ((Acc))

PDF Format

Go active! With ETFs

PDF Format

Impact Report 2025

PDF Format

Brochure - ETFs by Franklin Templeton

PDF Format

Stewardship in Index Tracking UCITS ETFs

Regulatory Documents

PDF Format

Key Information Document - Franklin Euro Short Maturity UCITS ETF (Acc)

PDF Format

Prospectus - Franklin Templeton ICAV (ETF)

PDF Format

Annual Report (full) - Franklin Templeton ICAV (ETF)

PDF Format

Semi Annual Report - Exchange Traded Funds (ETF)

PDF Format

Articles of Incorporation - Exchange Traded Funds (ETFs)

PDF Format

Global Supplement - Franklin Templeton ICAV (ETFs)

PDF Format

Supplement - Franklin Euro Short Maturity UCITS ETF