Franklin FTSE Latin America ETF
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-20.4%
1 yr return
-9.0%
3 Yr Avg Return
6.9%
5 Yr Avg Return
-0.6%
Net Assets
$67.9 M
Holdings in Top 10
40.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.19%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FLLA - Profile
Distributions
- YTD Total Return -20.4%
- 3 Yr Annualized Total Return 6.9%
- 5 Yr Annualized Total Return -0.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 6.75%
- Dividend Yield 5.9%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFranklin FTSE Latin America ETF
-
Fund Family NameFranklin Templeton Group of Funds
-
Inception DateOct 11, 2018
-
Shares Outstanding300000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDina Ting
Fund Description
Under normal market conditions, the Fund invests at least 80% of its assets in the component securities of the FTSE Latin America Capped Index and in depositary receipts representing such securities. The FTSE Latin America Capped Index is a free float-adjusted market capitalization weighted index maintained and calculated by FTSE Russell with a capping methodology applied quarterly to issuer weights so that no single issuer of a component exceeds 25% of the FTSE Latin America Capped Index weight, and all issuers with weights above 5% do not cumulatively exceed 50% of the FTSE Latin America Capped Index’s weight. The FTSE Latin America Capped Index is based on the FTSE Latin America Index and is designed to measure the performance of Latin American large- and mid-capitalization stocks. FTSE Russell determines eligible securities for the FTSE Latin America Capped Index based on measures such as the company’s place of incorporation, listing country, investor protection regulations present in the country of incorporation, tax domicile, location of headquarters/factors of production and currency of denomination. As of May 31, 2024, the FTSE Latin America Capped Index was comprised of 156 securities with capitalizations ranging from $379 million to $99.97 billion.
The Fund, using a “passive” or indexing investment approach, seeks investment results that closely correspond, before fees and expenses, to the performance of the FTSE Latin America Capped Index. The Fund may use either a replication strategy or representative sampling strategy. Under a replication strategy, the Fund will replicate the component securities of the FTSE Latin America Capped Index as closely as possible (i.e., invest in all of the component securities in their respective weightings in the FTSE Latin America Capped Index). However, under various circumstances, it may not be possible or practicable to replicate the FTSE Latin America Capped Index. In these circumstances, the Fund may use a “representative sampling” strategy whereby the Fund would invest in what it believes to be a representative sample of the component securities of the FTSE Latin America Capped Index, but may not track the FTSE Latin America Capped Index with the same degree of accuracy as would an investment vehicle replicating the entire FTSE Latin America Capped Index. Under the representative sampling
technique, the investment manager will select securities that collectively have an investment profile similar to that of the FTSE Latin America Capped Index, including securities that resemble those included in the FTSE Latin America Capped Index in terms of risk factors, performance attributes and other characteristics, such as market capitalization and industry weightings.
The Fund may invest in equity futures (including equity index futures) and equity total return swaps to provide additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as to equitize cash and accrued income, simulate investments in the Underlying Index, facilitate trading or minimize transaction costs.
The Fund may enter into foreign currency forward contracts and/or currency futures contracts to provide the Fund with additional opportunities to add value and better track the performance of the Fund’s Underlying Index, such as by facilitating local securities settlements or protecting against currency exposure in connection with distributions to Fund shareholders.
The Fund intends to be diversified in approximately the same proportion as the FTSE Latin America Capped Index is diversified. The Fund may become “non-diversified,” as defined in the 1940 Act, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the FTSE Latin America Capped Index. A “non-diversified” fund generally invests a greater proportion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund. Shareholder approval will not be sought if the Fund becomes non-diversified due solely to a change in the relative market capitalization or index weighting of one or more constituents of the FTSE Latin America Capped Index.
The Fund will concentrate its investments (i.e., hold 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the FTSE Latin America Capped Index is concentrated. As of May 31, 2024, the FTSE Latin America Capped Index was concentrated in the financial services sector.
FLLA - Performance
Return Ranking - Trailing
Period | FLLA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -20.4% | -23.1% | -9.4% | 66.67% |
1 Yr | -9.0% | -10.1% | 9.6% | 80.00% |
3 Yr | 6.9%* | -2.1% | 8.0% | 20.00% |
5 Yr | -0.6%* | -6.7% | 0.5% | 50.00% |
10 Yr | N/A* | -0.6% | 2.8% | 52.94% |
* Annualized
Return Ranking - Calendar
Period | FLLA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 25.5% | 16.7% | 31.7% | 66.67% |
2022 | -2.0% | -15.0% | 1.0% | 46.67% |
2021 | -15.2% | -24.3% | -7.1% | 28.57% |
2020 | -17.0% | -22.4% | 1.0% | 64.29% |
2019 | 15.6% | 10.2% | 47.4% | 76.92% |
Total Return Ranking - Trailing
Period | FLLA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -20.4% | -23.1% | -9.4% | 66.67% |
1 Yr | -9.0% | -10.1% | 9.6% | 80.00% |
3 Yr | 6.9%* | -2.1% | 8.0% | 20.00% |
5 Yr | -0.6%* | -6.7% | 0.5% | 50.00% |
10 Yr | N/A* | -0.6% | 2.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FLLA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 32.8% | 28.3% | 36.6% | 60.00% |
2022 | 7.8% | -11.1% | 12.4% | 46.67% |
2021 | -4.4% | -21.1% | -1.5% | 14.29% |
2020 | -15.0% | -20.9% | 1.0% | 64.29% |
2019 | 19.5% | 13.8% | 50.6% | 92.31% |
FLLA - Holdings
Concentration Analysis
FLLA | Category Low | Category High | FLLA % Rank | |
---|---|---|---|---|
Net Assets | 67.9 M | 6.65 M | 5.28 B | 80.00% |
Number of Holdings | 152 | 46 | 152 | 6.67% |
Net Assets in Top 10 | 21.9 M | 2.1 M | 2.3 B | 80.00% |
Weighting of Top 10 | 40.43% | 34.3% | 57.4% | 53.33% |
Top 10 Holdings
- Vale SA 7.18%
- Petroleo Brasileiro SA 6.34%
- Itau Unibanco Holding SA 4.68%
- Petroleo Brasileiro SA 4.45%
- Grupo Financiero Banorte SAB de CV 3.72%
- Fomento Economico Mexicano SAB de CV 3.25%
- America Movil SAB de CV 3.17%
- Wal-Mart de Mexico SAB de CV 2.91%
- Grupo Mexico SAB de CV 2.81%
- Banco Bradesco SA 1.91%
Asset Allocation
Weighting | Return Low | Return High | FLLA % Rank | |
---|---|---|---|---|
Stocks | 79.56% | 69.19% | 95.75% | 73.33% |
Preferred Stocks | 18.93% | 0.00% | 28.32% | 33.33% |
Cash | 1.50% | 0.00% | 12.91% | 80.00% |
Other | 0.02% | 0.00% | 0.11% | 26.67% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 60.00% |
Bonds | 0.00% | 0.00% | 4.73% | 60.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FLLA % Rank | |
---|---|---|---|---|
Financial Services | 23.61% | 7.53% | 35.31% | 53.33% |
Basic Materials | 22.56% | 6.29% | 30.27% | 40.00% |
Consumer Defense | 13.76% | 6.76% | 16.72% | 20.00% |
Energy | 11.51% | 3.95% | 17.38% | 20.00% |
Industrials | 8.07% | 2.78% | 17.03% | 66.67% |
Communication Services | 6.44% | 0.31% | 7.08% | 13.33% |
Utilities | 5.71% | 0.56% | 24.83% | 40.00% |
Consumer Cyclical | 3.97% | 2.93% | 17.90% | 86.67% |
Healthcare | 2.66% | 1.37% | 7.43% | 86.67% |
Real Estate | 1.06% | 0.00% | 6.78% | 60.00% |
Technology | 0.64% | 0.00% | 5.06% | 86.67% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FLLA % Rank | |
---|---|---|---|---|
Non US | 79.52% | 41.86% | 84.58% | 13.33% |
US | 0.04% | 0.00% | 51.36% | 86.67% |
FLLA - Expenses
Operational Fees
FLLA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.19% | 0.19% | 2.76% | 100.00% |
Management Fee | 0.19% | 0.19% | 1.10% | 13.33% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.08% | 0.15% | 16.67% |
Sales Fees
FLLA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
FLLA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FLLA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 18.50% | 17.00% | 115.00% | 23.08% |
FLLA - Distributions
Dividend Yield Analysis
FLLA | Category Low | Category High | FLLA % Rank | |
---|---|---|---|---|
Dividend Yield | 5.85% | 2.54% | 9.47% | 20.00% |
Dividend Distribution Analysis
FLLA | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FLLA | Category Low | Category High | FLLA % Rank | |
---|---|---|---|---|
Net Income Ratio | 6.75% | 1.18% | 8.87% | 20.00% |
Capital Gain Distribution Analysis
FLLA | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 21, 2024 | $0.573 | OrdinaryDividend |
Dec 15, 2023 | $0.817 | OrdinaryDividend |
Jun 16, 2023 | $0.524 | OrdinaryDividend |
Dec 16, 2022 | $1.075 | OrdinaryDividend |
Jun 17, 2022 | $0.799 | OrdinaryDividend |
Dec 30, 2021 | $1.104 | OrdinaryDividend |
Dec 13, 2021 | $1.104 | OrdinaryDividend |
Jun 10, 2021 | $0.307 | OrdinaryDividend |
Dec 14, 2020 | $0.338 | OrdinaryDividend |
Jun 11, 2020 | $0.162 | OrdinaryDividend |
Dec 11, 2019 | $0.444 | OrdinaryDividend |
Jun 11, 2019 | $0.459 | OrdinaryDividend |
Dec 20, 2018 | $0.119 | OrdinaryDividend |
FLLA - Fund Manager Analysis
Managers
Dina Ting
Start Date
Tenure
Tenure Rank
Oct 09, 2018
3.64
3.6%
Ms. Ting joined Franklin Templeton Investments in 2015. Prior to joining Franklin Templeton Investments, she was a senior portfolio manager at BlackRock.
Hailey Harris
Start Date
Tenure
Tenure Rank
Dec 02, 2019
2.5
2.5%
Ms. Harris joined Franklin Templeton in 2018. Hailey Harris joined the Global X Management Company in April 2015 as a Portfolio Management Associate. Previously, Ms. Harris was a Senior Analyst, Portfolio Management at ProShare Advisors, LLC from 2011 through 2015 and a Client Operations Associate at Cambridge Associates, LLC from 2010 through 2011. Ms. Harris received her Bachelor of Science from the University of Maryland in 2009.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
2.04 | 8.17 | 4.49 | 2.04 |