Franklin FTSE Canada ETF (FLCA) — ()
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FLCA: Low Cost, But Macro Threat Is Present
Published: by:
Sentiment: Negative ()
The Franklin FTSE Canada ETF offers low-cost exposure to the Canadian stock market, with an expense ratio of just 0.09%. FLCA is heavily weighted toward financials, which may face challenges …
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About Franklin FTSE Canada ETF FLCA
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Canada Capped Index and in depositary receipts representing such securities. The FTSE Canada Capped Index is based on the FTSE Canada Index and is designed to measure the performance of Canadian large- and mid-capitalization stocks. The fund is non-diversified.