FLCA

Franklin FTSE Canada ETF

$45.58
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Franklin FTSE Canada ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Canada All Cap Index.

Overview

ETF tracking Franklin FTSE Canada ETF

Category Country
Issuer Other
Inception Date 2017-11-06
Market Cap $546.9M
Average Volume N/A
Dividend Yield 2.01%
52-Week Range $33.90 - $46.36
VWAP $45.37

Performance

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Investment Summary

📎 Investment Objective

The Franklin FTSE Canada ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Canada All Cap Index.

🎯 Investment Strategy

The ETF invests primarily in equity securities included in the FTSE Canada All Cap Index, which represents the performance of large, mid and small-cap companies in Canada. The fund uses a passively managed, index-based approach to track the index.

✨ Key Features

  • Provides exposure to a broad range of Canadian equities across large, mid and small-cap companies
  • Seeks to track the performance of the FTSE Canada All Cap Index, a comprehensive benchmark for the Canadian equity market
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad Canadian equity market exposure

⚠️ Primary Risks

  • Market risk - The value of the ETF's shares will fluctuate with changes in the value of the underlying securities
  • Concentration risk - The fund's performance is heavily dependent on the Canadian equity market
  • Currency risk - As a Canadian-focused fund, it is subject to currency exchange rate fluctuations between the Canadian dollar and other currencies
  • Tracking error risk - The fund may not perfectly track the underlying index due to various factors

👤 Best For

The Franklin FTSE Canada ETF may be suitable for investors seeking broad, low-cost exposure to the Canadian equity market as part of a diversified portfolio. It could be appropriate for investors with a medium to long-term investment horizon who are comfortable with the risks associated with investing in Canadian equities.