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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
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
Electronic Technology
Retail Trade
Stocks99.06%
Technology Services39.58%
Electronic Technology23.90%
Retail Trade10.90%
Health Technology7.55%
Finance7.51%
Commercial Services2.55%
Consumer Durables2.35%
Producer Manufacturing1.53%
Transportation1.20%
Consumer Services1.01%
Industrial Services0.53%
Health Services0.43%
Bonds, Cash & Other0.94%
Miscellaneous0.94%
Stock breakdown by region
North America92.71%
Europe2.27%
Asia1.96%
Latin America1.72%
Middle East1.02%
Oceania0.32%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FINO invests in stocks. The fund's major sectors are Technology Services, with 39.58% stocks, and Electronic Technology, with 23.90% of the basket. The assets are mostly located in the North America region.
FINO top holdings are NVIDIA Corporation and Amazon.com, Inc., occupying 9.46% and 8.46% of the portfolio correspondingly.
FINO assets under management is 6.53 M CAD. It's risen 11.35% over the last month.
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.
FINO shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Feb 4, 2021, and its management style is Active.
FINO expense ratio is 0.92% meaning you'd have to pay 0.92% of your investment to help manage the fund.
FINO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FINO invests in stocks.
FINO price has risen by 11.37% over the last month, and its yearly performance shows a 13.39% increase. See more dynamics on FINO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.72% over the last month, showed a −0.81% decrease in three-month performance and has increased by 13.97% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.72% over the last month, showed a −0.81% decrease in three-month performance and has increased by 13.97% in a year.
FINO trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.