Franklin Ftse Australia Etf Profile
| FLAU Etf | USD 31.06 0.39 1.27% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Franklin FTSE is selling for under 31.06 as of the 28th of November 2024; that is 1.27 percent increase since the beginning of the trading day. The etf's last reported lowest price was 31.06. Franklin FTSE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Franklin FTSE Australia are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th 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 Australia Capped Index and in depositary receipts representing such securities. Australia Franklin is traded on NYSEARCA Exchange in the United States. More on Franklin FTSE Australia
Moving together with Franklin Etf
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 Australia Capped Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 56.56 Million |
| Average Trading Valume | 4,042.4 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Asia-Pacific |
| 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 | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 107 |
| Market Maker | GTS |
| Total Expense | 0.09 |
| Management Fee | 0.09 |
| Country Name | USA |
| Returns Y T D | 10.66 |
| Name | Franklin FTSE Australia ETF |
| Currency Code | USD |
| Open Figi | BBG00J3M8WZ9 |
| In Threey Volatility | 22.28 |
| 1y Volatility | 17.63 |
| 200 Day M A | 29.4332 |
| 50 Day M A | 31.0159 |
| Code | FLAU |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
Franklin FTSE Australia [FLAU] 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 Australia currently have 27.05 M in assets under management (AUM). , while the total return for the last 3 years was 6.0%.
Check Franklin FTSE 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 FTSE Australia 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 Australia Currency Exposure
Franklin FTSE Australia 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 Australia.
Top Franklin FTSE Australia Etf Constituents
| BEN | Bendigo And Adelaide | Stock | Financials | |
| AZJ | Aurizon Holdings | Stock | Industrials | |
| QAN | Qantas Airways | Stock | Industrials | |
| ORA | Orora | Stock | Materials | |
| SGR | Star Entertainment Group | Stock | Consumer Discretionary | |
| WES | Wesfarmers | Stock | Consumer Discretionary | |
| IAG | Insurance Australia Group | Stock | Financials | |
| ASX | ASX | Stock | Financials |
Franklin FTSE Australia 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 | 0.0051 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.13) |
Franklin FTSE Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin FTSE Australia. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Franklin FTSE Australia 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.