FLJH
Franklin FTSE Japan Hedged ETF
📎 Investment Objective
The Franklin FTSE Japan Hedged ETF (FLJH) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Japan Hedged to USD Index.
Overview
ETF tracking Franklin FTSE Japan Hedged ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin FTSE Japan Hedged ETF (FLJH) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Japan Hedged to USD Index.
🎯 Investment Strategy
The ETF invests primarily in Japanese equity securities included in the FTSE Japan Hedged to USD Index and uses currency forwards to hedge the currency exposure of the Japanese yen against the U.S. dollar.
✨ Key Features
- Provides exposure to the Japanese equity market with currency hedging to mitigate the impact of fluctuations in the Japanese yen against the U.S. dollar
- Tracks the FTSE Japan Hedged to USD Index, which includes large- and mid-cap Japanese companies
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
- Currency risk: The ETF's currency hedging strategy may not fully offset the impact of currency fluctuations
- Concentration risk: The ETF's investments are concentrated in the Japanese market
- Liquidity risk: The ETF may experience lower trading volume or difficulty in buying/selling shares
👤 Best For
The Franklin FTSE Japan Hedged ETF may be suitable for investors seeking exposure to the Japanese equity market with currency risk management, as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with investing in a single-country fund.