FLGR

Franklin FTSE Germany ETF

$32.27
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

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

Overview

ETF tracking Franklin FTSE Germany ETF

Category Country
Issuer Other
Inception Date 2017-11-06
Market Cap $50.0M
Average Volume N/A
Dividend Yield 1.46%
52-Week Range $24.59 - $34.28
VWAP $32.27

Performance

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Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the FTSE Germany RIC Capped Index, which is designed to measure the performance of the large- and mid-capitalization segments of the German equity market. The fund may use a variety of investment techniques, such as sampling, to achieve its investment objective.

✨ Key Features

  • Provides exposure to the German equity market through a passively managed index fund
  • Tracks the FTSE Germany RIC Capped Index, which is designed to represent the performance of large- and mid-cap German companies
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad exposure to the German stock market

⚠️ 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
  • Country risk: As a single-country fund, the ETF is subject to increased risks related to the economic, political, and social conditions in Germany
  • Currency risk: Investments in foreign securities are subject to fluctuations in the value of the U.S. dollar relative to the local currency
  • Concentration risk: The fund's performance may be more volatile than a more diversified fund due to its focus on the German market

👤 Best For

The Franklin FTSE Germany ETF may be suitable for investors seeking broad exposure to the German equity market as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with investing in a single-country fund.