Franklin Liberty International Etf Profile
| FLIA Etf | USD 20.94 0.09 0.43% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Franklin Liberty is trading at 20.94 as of the 30th of November 2024, a 0.43 percent increase since the beginning of the trading day. The etf's open price was 20.85. Franklin Liberty has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Franklin Liberty International 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 net assets in bonds and investments that provide exposure to bonds. Franklin Liberty is traded on BATS Exchange in the United States. More on Franklin Liberty International
Moving together with Franklin Etf
Franklin Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Debt ETFs, Investment Grade ETFs, Global Bond-USD Hedged, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2018-05-30 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 603.83 Million |
| Average Trading Valume | 97,681.2 |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Franklin Templeton Services, LLC |
| Advisor | Franklin Templeton Investment Management Limited |
| Custodian | State Street Bank and Trust Company |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | John Beck, Sonal Desai, David Zahn, Patrick Klein |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 90.0 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 2.23 |
| Name | Franklin Liberty International Aggregate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00L2CLBL3 |
| In Threey Volatility | 4.6 |
| 1y Volatility | 4.13 |
| 200 Day M A | 20.3836 |
| 50 Day M A | 20.7344 |
| Code | FLIA |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.81) |
Franklin Liberty International [FLIA] is traded in USA and was established 2018-05-30. The fund is listed under Global Bond-USD Hedged category and is part of Franklin Templeton Investments family. The entity is thematically classified as Broad Debt ETFs. Franklin Liberty Int currently have 189.08 M in assets under management (AUM). , while the total return for the last 3 years was 0.2%.
Check Franklin Liberty Probability Of Bankruptcy
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 Liberty International 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 Liberty Int Currency Exposure
Franklin Liberty International 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 Liberty 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 Liberty International.
Top Franklin Liberty International Etf Constituents
| Development Bank of Japan Inc | 3.83% |
| Development Bank of Japan Inc 2.3% | 4.7199998% |
| Italy(Rep Of) 0.05% | 3.17% |
| Spain (Kingdom of) | 2.5% |
| Japan (Government Of) 1% | 9% |
| Japan (Government Of) 0.1% | 5.8000002% |
| Germany (Federal Republic Of) | 4.3% |
| Belgium (Kingdom Of) 1% | 3.44% |
| Belgium (Kingdom Of) | 2.55% |
| Germany (Federal Republic Of) 0% | 5.0100002% |
Franklin Liberty Top Holders
| FLRMX | Franklin Lifesmart 2020 | Mutual Fund | Target-Date 2020 | |
| FLRQX | Franklin Lifesmart 2020 | Mutual Fund | Target-Date 2020 | |
| FLROX | Franklin Lifesmart 2020 | Mutual Fund | Target-Date 2020 | |
| FLRVX | Franklin Lifesmart 2020 | Mutual Fund | Target-Date 2020 | |
| FRTSX | Franklin Lifesmart 2020 | Mutual Fund | Target-Date 2020 | |
| FTLMX | Franklin Lifesmart 2025 | Mutual Fund | Target-Date 2025 | |
| FTTCX | Franklin Lifesmart 2025 | Mutual Fund | Target-Date 2025 | |
| FLRFX | Franklin Lifesmart 2025 | Mutual Fund | Target-Date 2025 |
Franklin Liberty Int 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 Liberty. 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 | 0.0626 | |||
| Jensen Alpha | 0.0159 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.46) |
Franklin Liberty Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Liberty International. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Franklin Liberty Int 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 Liberty's value that differs from its market value or its book value, called intrinsic value, which is Franklin Liberty'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 Liberty's market value can be influenced by many factors that don't directly affect Franklin Liberty'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 Liberty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Liberty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Liberty'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.