The fund aims to achieve an absolute return by investing in equity and equity-related securities of companies in infrastructure and global utility sectors. This includes companies located in North America, Europe, Asia-Pacific and to a lesser extent, Latin America (including emerging markets), the firm continued.

This UCITS Fund is a liquid alternatives strategy managed by K2 Advisors, and sub-advised by Electron Capital Partners LLC, a New York-based investment advisor. The fund’s investment team has close to 20 years' experience of investing in the sectors and companies associated with the energy transition. K2 Advisors, one of the specialist investment managers of Franklin Templeton, is a global fund solutions firm with approximately $10.7 billion in assets under management.  

“We are excited that the Franklin K2 Electron Global UCITS Fund is now extended to Singapore. With the global shift of energy production and consumption away from fossil fuels to renewable sources and the creation of new technologies that aid in decarbonizing world economies, we believe this fund is well positioned to capitalise on this global shift,” Bill Santos, senior managing director, head of offshore hedge fund solutions for K2 Advisors, said. 

“The launch of the Franklin K2 Electron Global UCITS Fund further highlights our commitment to offering liquid alternatives solutions to retail investors in Singapore. We believe that this strategy should appeal to investors keen on capturing growth opportunities and gaining diversified exposure to companies and technologies participating in the renewable energy transition,” Christian Bucaro, head of retail for Asia at Franklin Templeton, added.