Key stats
About FRANKLIN INNOVATION FUND ETF SERIES UNITS
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Inception date
Feb 4, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Franklin Templeton Investments Corp.
The fund invests in securities of the Franklin Innovation Fund, which invests in companies that are perceived to have sustainable growth driven by innovation. As such, while investing in the broad spectrum of sectors and industries, the fund may make substantial investments in information technology, communications services, and health care companies. Companies could be of any size from anywhere in the world. The fund manager uses fundamental, bottom-up research in selecting companies for inclusion. As an actively managed fund, the fund manager can analyze market and financial data to make buy, sell, and hold decisions. The fund could invest in convertible securities of no more than 10%. A portion of assets may also be invested in affiliated mutual funds or ETFs.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stock breakdown by region
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.
Related funds
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.
FINO trades at 26.23 CAD today, its price has risen 1.27% in the past 24 hours. Track more dynamics on FINO price chart.
FINO net asset value is 26.14 today — it's risen 11.85% 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.
FINO assets under management is 6.57 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.
FINO price has risen by 12.09% over the last month, and its yearly performance shows a 15.40% increase. See more dynamics on FINO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.85% over the last month, showed a −0.58% decrease in three-month performance and has increased by 15.89% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.85% over the last month, showed a −0.58% decrease in three-month performance and has increased by 15.89% in a year.
FINO fund flows account for 1.15 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.
FINO invests in stocks. See more details in our Analysis section.
FINO expense ratio is 0.92%. 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, FINO 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, FINO technical analysis shows the buy 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 FINO shows the strong buy signal. See more of FINO technicals for a more comprehensive analysis.
Today, FINO technical analysis shows the buy 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 FINO shows the strong buy signal. See more of FINO technicals for a more comprehensive analysis.
FINO trades at a premium (1.38%).
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.
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.
FINO shares are issued by Franklin Resources, Inc.
FINO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 4, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.