Franklin Ftse Canada Etf Profile
| FLCA Etf | USD 39.37 0.27 0.69% |
Performance16 of 100
| Odds Of DistressLess than 9
|
Franklin FTSE is trading at 39.37 as of the 30th of November 2024, a 0.69 percent increase since the beginning of the trading day. The etf's open price was 39.1. Franklin FTSE has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Franklin FTSE Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its assets in the component securities of the FTSE Canada Capped Index and in depositary receipts representing such securities. Canada Franklin is traded on NYSEARCA Exchange in the United States. More on Franklin FTSE Canada
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Franklin Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Miscellaneous Region, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2017-11-02 |
| Benchmark | FTSE Canada Capped Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 427.82 Million |
| Average Trading Valume | 24,828 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Advisers, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Templeton Distributors, Inc. |
| Portfolio Manager | Dina Ting, Louis Hsu |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 53.0 |
| Market Maker | GTS |
| Total Expense | 0.09 |
| Management Fee | 0.09 |
| Country Name | USA |
| Returns Y T D | 18.93 |
| Name | Franklin FTSE Canada ETF |
| Currency Code | USD |
| Open Figi | BBG00J3N6M72 |
| In Threey Volatility | 17.88 |
| 1y Volatility | 14.49 |
| 200 Day M A | 35.3081 |
| 50 Day M A | 37.848 |
| Code | FLCA |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
Franklin FTSE Canada [FLCA] is traded in USA and was established 2017-11-02. The fund is listed under Miscellaneous Region category and is part of Franklin Templeton Investments family. The entity is thematically classified as Strategy ETFs. Franklin FTSE Canada currently have 258.86 M in assets under management (AUM). , while the total return for the last 3 years was 7.1%.
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Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin FTSE Canada Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Franklin FTSE Canada Currency Exposure
Franklin FTSE Canada holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Franklin FTSE will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Franklin FTSE Canada.
Top Franklin FTSE Canada Etf Constituents
| H | Hydro One | Stock | Utilities | |
| NTR | Nutrien | Stock | Materials | |
| TRI | Thomson Reuters Corp | Stock | Industrials | |
| WCN | Waste Connections | Stock | Industrials | |
| ANCTF | Alimentation Couchen Tard | Pink Sheet | Specialty Retail | |
| BMO | Bank of Montreal | Stock | Financials | |
| CNR | Canadian National Railway | Stock | Industrials | |
| ABX | Barrick Gold Corp | Stock | Materials |
Franklin FTSE Canada Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin FTSE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1383 | |||
| Jensen Alpha | 0.0506 | |||
| Total Risk Alpha | 7.0E-4 | |||
| Sortino Ratio | (0.02) |
Franklin FTSE Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin FTSE Canada. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of Franklin FTSE Canada is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin FTSE's value that differs from its market value or its book value, called intrinsic value, which is Franklin FTSE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin FTSE's market value can be influenced by many factors that don't directly affect Franklin FTSE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin FTSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.