FLKR

Franklin FTSE South Korea ETF

$31.45
+0.00%
Market closed. Last update: 11:55 AM ET

📎 Investment Objective

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

Overview

ETF tracking Franklin FTSE South Korea ETF

Category Country
Issuer Other
Inception Date 2017-11-06
Market Cap $226.4M
Average Volume N/A
Dividend Yield 0.39%
52-Week Range $16.71 - $33.64
VWAP $31.32

Performance

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Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the FTSE South Korea Capped Index, which is designed to measure the performance of the large- and mid-capitalization segments of the South Korean equity market. The fund uses a sampling approach to try to replicate the index's performance.

✨ Key Features

  • Provides exposure to the South Korean equity market
  • Tracks the FTSE South Korea Capped Index, a market-cap weighted index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a single country
  • Emerging market risk due to the volatility and potential instability of the South Korean market
  • Currency risk as the fund's returns are subject to fluctuations in the value of the South Korean won
  • Liquidity risk as the fund may have difficulty trading certain securities

👤 Best For

The Franklin FTSE South Korea ETF may be suitable for investors seeking targeted exposure to the South Korean equity market as part of a diversified portfolio. However, due to the fund's limited track record and the inherent risks of investing in an emerging market, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.