# Franklin Core US Enhanced Equity UCITS ETF AccumUSD (USEN)

**Source:** https://fundology.uk/fund/usen · ISIN IE000CZU3JH0 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 05/10/2026, USEN (Franklin Core US Enhanced Equity UCITS ETF AccumUSD, ISIN IE000CZU3JH0) closed at £8.54 on the London Stock Exchange. Its ongoing charge is 0.23% a year (about £23 on £10,000).

## Summary

Franklin Core US Enhanced Equity UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Franklin, launched in 2026. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.23% a year — about £23 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£8.54** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | USEN |
| ISIN | IE000CZU3JH0 |
| Category | US shares |
| Type | ETF |
| Provider | Franklin |
| Income | Accumulating |
| Ongoing charge | 0.23% a year (£23 per £10,000) |
| Fund size | £6.1m |
| Launched | 2026 |
| Domicile | Ireland |

## Charges compared with similar funds

Ongoing charge of Franklin Core US Enhanced Equity UCITS ETF AccumUSD 0.23% a year, as of 03/10/2026: 58 of the 210 other US share funds charge more, 4 the same and 148 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.23%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of USEN?**

The ongoing charge of USEN is 0.23% a year — about £23 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Franklin Core US Enhanced Equity UCITS ETF AccumUSD 0.23% a year, as of 03/10/2026: 58 of the 210 other US share funds charge more, 4 the same and 148 less (share classes counted once).

**Is USEN accumulating or distributing?**

USEN is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of USEN?**

The ISIN of USEN is IE000CZU3JH0. An ISIN identifies one exact share class of a fund; USEN is its ticker on the London Stock Exchange.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.