FLQM
Franklin U.S. Mid Cap Multifactor Index ETF
📎 Investment Objective
The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) seeks to track the performance of the Franklin U.S. Mid Cap Multifactor Index, which is designed to provide exposure to U.S. mid-capitalization companies exhibiting certain 'multifactor' characteristics.
Overview
ETF tracking Franklin U.S. Mid Cap Multifactor Index ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) seeks to track the performance of the Franklin U.S. Mid Cap Multifactor Index, which is designed to provide exposure to U.S. mid-capitalization companies exhibiting certain 'multifactor' characteristics.
🎯 Investment Strategy
The fund employs a passive management (or index-tracking) strategy, attempting to track the performance of its underlying index by investing in a portfolio of securities that generally replicates the index. The index selects and weights securities based on multiple factors such as value, momentum, quality, and low volatility.
✨ Key Features
- Provides exposure to a diversified portfolio of U.S. mid-cap stocks
- Utilizes a multifactor approach to security selection and weighting
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory events affecting a particular sector
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
- Liquidity risk: Certain holdings may be difficult to purchase or sell at an advantageous time or price
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the U.S. mid-cap equity market with a focus on multifactor investing. It may be appropriate as a core holding or as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be willing to accept the risks associated with equity investing.