FLGB
Franklin FTSE United Kingdom ETF
📎 Investment Objective
The Franklin FTSE United Kingdom ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE United Kingdom Capped Index.
Overview
ETF tracking Franklin FTSE United Kingdom ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin FTSE United Kingdom ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE United Kingdom Capped Index.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of equity securities included in the FTSE United Kingdom Capped Index, which is designed to track the performance of the large and mid-capitalization segments of the UK equity market. The fund uses a passively managed, index-based approach to investing.
✨ Key Features
- Provides exposure to the large and mid-cap segments of the UK equity market
- Seeks to track the performance of the FTSE United Kingdom Capped Index
- Employs a passively managed, index-based investment approach
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities in the index
- Concentration risk: The fund is concentrated in the UK market, which may be more volatile than a more diversified international portfolio
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
- Currency risk: As a US-listed fund, investors are exposed to fluctuations in the exchange rate between the US dollar and the British pound
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the UK equity market as part of a diversified portfolio. It may be particularly attractive for investors looking for a low-cost, passively managed option to gain exposure to the UK market.