FLMX

📎 Investment Objective

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

✨ Key Features

• Provides exposure to the Mexican equity market through a passively managed index fund
• Tracks the FTSE Mexico Capped Index, which is designed to represent the performance of the largest and most liquid Mexican stocks
• Low expense ratio of 0.00%
• Suitable for investors seeking targeted exposure to the Mexican equity market as part of a diversified portfolio

⚠️ Primary Risks

• Country risk: The fund's performance is closely tied to the economic and political conditions in Mexico, which may be more volatile than developed markets
• Currency risk: The fund's returns may be affected by fluctuations in the value of the Mexican peso relative to the U.S. dollar
• Concentration risk: The fund is concentrated in the Mexican equity market, which may be less diversified than broader international equity funds
• Liquidity risk: The Mexican equity market may have lower trading volumes and liquidity compared to more developed markets

👤 Best For

The Franklin FTSE Mexico ETF may be suitable for investors seeking targeted exposure to the Mexican equity market as part of a diversified international portfolio. It may be particularly appealing to investors with a higher risk tolerance who are comfortable with the unique risks associated with investing in an emerging market like Mexico.