FLAX Profile
The Franklin FTSE Asia ex Japan ETF is designed to invest a minimum of 80% of its assets in the securities that make up the FTSE Asia ex Japan Capped Index, along with depositary receipts representing these securities. This index, derived from the broader FTSE Asia ex Japan Index, is tailored to track the performance of large- and mid-capitalization stocks across both developed and emerging markets in Asia, excluding Japan.
The ETF provides investors with exposure to a diverse range of companies from various Asian economies, reflecting the region's dynamic growth potential. By focusing on large- and mid-cap stocks, the fund targets established companies with substantial market influence and promising growth prospects. This approach captures a broad spectrum of industries, including technology, consumer goods, and financial services, which are significant drivers of economic expansion in Asia.
The FTSE Asia ex Japan Capped Index employs a capping methodology to ensure that no single stock has an excessive weight in the index, thus maintaining a balanced representation of the regional market. This methodology helps mitigate concentration risk and offers a more diversified exposure to the key markets in Asia. The ETF’s investment strategy aligns with the growing investor interest in accessing Asian markets outside Japan, which are expected to benefit from robust economic growth and increasing consumer demand.
Managed by Franklin Templeton, the ETF reflects the firm's extensive experience in global equity markets and its commitment to providing investors with access to high-growth regions. Franklin Templeton’s investment approach combines deep regional insights with rigorous research to construct a portfolio that seeks to deliver competitive performance. The firm’s focus on the Asian market underscores its belief in the long-term potential of the region, positioning the ETF as a vehicle for capturing opportunities in Asia’s evolving economic landscape.
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