FLEU

Franklin FTSE Eurozone ETF

$32.55
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Franklin FTSE Eurozone ETF (FLEU) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Eurozone Index.

Overview

ETF tracking Franklin FTSE Eurozone ETF

Category Currency
Issuer Other
Inception Date 2017-11-06
Market Cap $58.6M
Average Volume N/A
Dividend Yield 2.04%
52-Week Range $23.83 - $33.05
VWAP $32.60

Performance

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Investment Summary

📎 Investment Objective

The Franklin FTSE Eurozone ETF (FLEU) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Eurozone Index.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of equity securities included in the FTSE Eurozone Index, which tracks the performance of large and mid-cap companies across Eurozone countries. The fund aims to replicate the index's composition and performance through direct investment in the underlying securities.

✨ Key Features

  • Provides exposure to large and mid-cap equities across the Eurozone region
  • Seeks to track the performance of the FTSE Eurozone Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad Eurozone market exposure

⚠️ Primary Risks

  • Equity market risk: The value of the fund's holdings may decline due to overall stock market conditions
  • Currency risk: As the fund invests in securities denominated in Eurozone currencies, it is subject to currency exchange rate fluctuations
  • Concentration risk: The fund's performance is closely tied to the Eurozone region and may be more volatile than a more diversified international fund
  • Tracking error risk: The fund may not perfectly track the underlying index due to various factors

👤 Best For

The Franklin FTSE Eurozone ETF may be suitable for investors seeking broad exposure to the Eurozone equity market as part of a diversified portfolio. It may be particularly attractive for investors with a long-term investment horizon who are comfortable with the risks associated with investing in international equities.