Franklin US Treasury 0-1 Year UCITS ETF USD (Acc) is an exchange-traded fund that provides targeted exposure to short-term US Treasury securities denominated in USD. Launched on July 1, 2025, by Franklin Templeton and domiciled in Ireland, it tracks the Bloomberg US Treasury Short Index Total Return, focusing on US Treasury bills, notes, and bonds with maturities between one month and less than 12 months. The ETF employs physical replication to closely mirror the index, investing primarily in high-quality government securities that comprise nearly 100% of its portfolio, with minimal cash holdings. Featuring an ultra-low total expense ratio of 0.05%, it adopts an accumulating distribution policy, reinvesting income to support capital growth. Unhedged against currency risk, the fund maintains a short duration of approximately 0.33 years, emphasizing liquidity and stability in the government bond sector. As a UCITS-compliant vehicle, it serves investors seeking efficient access to the ultra-short-term US Treasury market for portfolio diversification and low-volatility fixed income exposure.