Key stats
About Franklin Systematic Style Premia ETF
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Inception date
Dec 18, 2019
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
FLSP is a first for Franklin Templeton in the Alternatives space. The funds portfolio allocates assets across two underlying alternative investment strategies. The first is a top-down risk premia strategy focusing on four style factors: quality, value, momentum and carry assuming both long and short positions across equity, fixed income, commodity and currencies using derivatives. The second strategy is a bottom-up long/short equity strategy focused on quality, value and momentum. FLSP will primarily hold equity securities and total return swaps for short exposure. The fund is actively risk-managed, seeking a target annualized volatility of 8%. Investors should anticipate a higher portfolio turnover rate which may indicate higher transaction costs and taxes if shares are held in a taxable account. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty Systematic Style Premia ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Cash
Stocks59.65%
Technology Services10.88%
Finance9.89%
Health Technology7.07%
Electronic Technology6.27%
Retail Trade4.85%
Consumer Non-Durables2.29%
Producer Manufacturing2.26%
Utilities1.99%
Process Industries1.83%
Communications1.73%
Consumer Services1.65%
Energy Minerals1.60%
Consumer Durables1.57%
Transportation1.28%
Non-Energy Minerals1.27%
Commercial Services0.99%
Distribution Services0.91%
Industrial Services0.78%
Health Services0.55%
Bonds, Cash & Other40.35%
Cash38.21%
Miscellaneous2.14%
Top 10 holdings
Dividends
Dividend payout history