FLSA
Franklin FTSE Saudi Arabia ETF
📎 Investment Objective
The Franklin FTSE Saudi Arabia ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Saudi Arabia Capped Index.
Overview
ETF tracking Franklin FTSE Saudi Arabia ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Franklin FTSE Saudi Arabia ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Saudi Arabia Capped Index.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of equity securities included in the FTSE Saudi Arabia Capped Index, which is designed to track the performance of the Saudi Arabian equity market. The fund uses a passively managed, index-based approach to investing.
✨ Key Features
- Provides exposure to the Saudi Arabian equity market
- Tracks the FTSE Saudi Arabia Capped Index, a market capitalization-weighted index
- Employs a passively managed, index-based investment strategy
- Has a low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single country market
- Emerging market risk due to the developing nature of the Saudi Arabian economy
- Currency risk as the fund's holdings are denominated in the Saudi Arabian riyal
- Liquidity risk as the Saudi Arabian equity market may have lower trading volumes
👤 Best For
This ETF may be suitable for investors seeking exposure to the Saudi Arabian equity market as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who are comfortable with the risks associated with investing in an emerging market.