FLAX
Franklin FTSE Asia ex Japan ETF
📎 Investment Objective
The Franklin FTSE Asia ex Japan ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan RIC Capped Index.
Overview
ETF tracking Franklin FTSE Asia ex Japan ETF
Performance
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Investment Summary
📎 Investment Objective
The Franklin FTSE Asia ex Japan ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan RIC Capped Index.
🎯 Investment Strategy
The ETF invests primarily in a representative sample of the securities included in the underlying index, which is designed to measure the performance of large- and mid-capitalization stocks in Asian markets, excluding Japan. The fund may also invest in derivatives and other instruments to help achieve its investment objective.
✨ Key Features
- Provides exposure to large- and mid-cap stocks in Asian markets excluding Japan
- Seeks to track the performance of the FTSE Asia ex Japan RIC Capped Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Exposure to the economic, political, and social conditions of Asian countries, which may be more volatile than developed markets
- Potential for currency fluctuations as the fund invests in non-U.S. securities
- Concentration risk as the fund is focused on a specific region
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
The Franklin FTSE Asia ex Japan ETF may be suitable for investors seeking broad exposure to the Asian equity market, excluding Japan, as part of a diversified portfolio. It may be appropriate for investors with a long-term investment horizon and a moderate to high risk tolerance.