FLBR

Franklin FTSE Brazil ETF

$20.48
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

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

Overview

ETF tracking Franklin FTSE Brazil ETF

Category Country
Issuer Other
Inception Date 2017-11-06
Market Cap $243.8M
Average Volume N/A
Dividend Yield 4.87%
52-Week Range $14.00 - $20.62
VWAP $20.57

Performance

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Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the FTSE Brazil RIC Capped Index, which tracks the performance of large and mid-capitalization companies in Brazil. The fund uses a passively managed, index-based approach to investing.

✨ Key Features

  • Provides exposure to the Brazilian equity market
  • Tracks the FTSE Brazil RIC Capped Index, a market-capitalization weighted index
  • Employs a low-cost, passively managed investment strategy
  • Suitable for investors seeking broad exposure to the Brazilian stock market

⚠️ Primary Risks

  • Country risk: The fund's performance is closely tied to the economic and political conditions in Brazil
  • Currency risk: The fund is subject to fluctuations in the value of the Brazilian real relative to the U.S. dollar
  • Concentration risk: The fund is heavily concentrated in the Brazilian market, which may be more volatile than a more diversified portfolio
  • Liquidity risk: The Brazilian stock market may have lower trading volumes and liquidity compared to more developed markets

👤 Best For

The Franklin FTSE Brazil ETF may be suitable for investors seeking exposure to the Brazilian equity market as part of a diversified portfolio. It is best suited for investors with a higher risk tolerance who understand the unique challenges and opportunities of investing in emerging markets like Brazil.