FLAU

Franklin FTSE Australia ETF

$31.13
+0.00%
Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Franklin FTSE Australia ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Australia RIC Capped Index.

Overview

ETF tracking Franklin FTSE Australia ETF

Category Country
Issuer Other
Inception Date 2017-11-06
Market Cap $76.3M
Average Volume N/A
Dividend Yield 3.34%
52-Week Range $24.52 - $32.84
VWAP $31.08

Performance

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Investment Summary

📎 Investment Objective

The Franklin FTSE Australia ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Australia RIC Capped Index.

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the FTSE Australia RIC Capped Index, which is designed to measure the performance of the large- and mid-capitalization segments of the Australian equity market. The fund's holdings are rebalanced quarterly to maintain close correlation to the index.

✨ Key Features

  • Provides exposure to the Australian equity market through a low-cost, passively managed ETF
  • Tracks the FTSE Australia RIC Capped Index, which is designed to represent the large- and mid-cap segments of the Australian stock market
  • Diversified portfolio of Australian companies across various sectors
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
  • Country/regional risk: As a single-country fund, the ETF is subject to risks associated with investing in Australia, including economic, political, and currency fluctuations
  • Concentration risk: The ETF's performance is closely tied to the Australian equity market and may be more volatile than a more diversified fund
  • Liquidity risk: The ETF may experience lower trading volume or be less liquid than other investments

👤 Best For

The Franklin FTSE Australia ETF may be suitable for investors seeking exposure to the Australian equity market as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with investing in a single-country fund.