FRANKLIN EMERGING MARKETS EQUITY INDEX ETFFRANKLIN EMERGING MARKETS EQUITY INDEX ETFFRANKLIN EMERGING MARKETS EQUITY INDEX ETF

FRANKLIN EMERGING MARKETS EQUITY INDEX ETF

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Key stats


Assets under management (AUM)
‪26.01 M‬CAD
Fund flows (1Y)
‪12.71 M‬CAD
Dividend yield (indicated)
6.34%
Discount/Premium to NAV
−0.5%
Shares outstanding
‪1.40 M‬
Expense ratio
0.69%

About FRANKLIN EMERGING MARKETS EQUITY INDEX ETF


Brand
Franklin
Inception date
Jan 29, 2018
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
LibertyQ Emerging Markets Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Franklin Templeton Investments Corp.
The fund offers a multi-factor take on emerging market equities that aims to maintain similar characteristics to its parent index, the MSCI Emerging Markets Index. The fund aims to enhance exposure to four factors: quality, value, momentum, and low volatility, subject to exposure constraints. Quality factor is designated 50%, value at 30%, momentum at 10% and low volatility at 10%. The index holds 200 stocks with the highest rank. These same four factors also determine each constituent’s weight, scaled to market capitalization. FLEM is rebalanced and reconstituted semi-annually. At each rebalance, each constituent’s weight is normalized to its weight within the parent index. These modest tilts and broad exposure suggest the fund is designed as a core, long-term holding rather than a short-term factor play. Issuer weights are capped at 1%.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Multi-factor
Geography
Emerging Markets
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Stock breakdown by region
0%4%2%2%2%7%79%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FLEM via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLEM trades at 18.22 CAD today, its price has fallen −1.35% in the past 24 hours. Track more dynamics on FLEM price chart.
FLEM net asset value is 18.31 today — it's risen 3.86% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLEM assets under management is ‪26.01 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLEM price has risen by 3.70% over the last month, and its yearly performance shows a 7.81% increase. See more dynamics on FLEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.86% over the last month, showed a 1.33% increase in three-month performance and has increased by 9.64% in a year.
FLEM fund flows account for ‪12.71 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLEM invests in stocks. See more details in our Analysis section.
FLEM expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLEM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLEM technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLEM shows the buy signal. See more of FLEM technicals for a more comprehensive analysis.
Yes, FLEM pays dividends to its holders with the dividend yield of 6.34%.
FLEM trades at a premium (0.49%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLEM shares are issued by Franklin Resources, Inc.
FLEM follows the LibertyQ Emerging Markets Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 29, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.