IQM

📎 Investment Objective

The Franklin Intelligent Machines ETF (IQM) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Intelligent Machines Index.

✨ Key Features

• Provides exposure to companies at the forefront of intelligent machines, robotics, and automation technologies
• Diversified portfolio across various industries and geographies involved in these emerging technologies
• Passively managed to track the Solactive Intelligent Machines Index
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Equity market risk: The value of the ETF's holdings may fluctuate due to general stock market conditions
• Sector concentration risk: The fund's performance may be more volatile due to its focus on the intelligent machines and automation sector
• Foreign investment risk: The fund may have exposure to non-U.S. companies, which can be subject to political, economic, and currency risks
• Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The Franklin Intelligent Machines ETF may be suitable for investors seeking exposure to the long-term growth potential of companies involved in intelligent machines, robotics, and automation technologies. Investors should have a medium to long-term investment horizon and be willing to accept the higher volatility associated with a sector-focused fund.