FLLA Profile
Franklin FTSE Latin America ETF aims to provide investors with broad exposure to the large- and mid-capitalization stocks of Latin America, reflecting the performance of the FTSE Latin America Index. Under normal market conditions, the fund invests at least 80% of its assets in the securities that constitute the index and in depositary receipts representing these securities. This ensures that the fund's holdings closely align with the index's composition, offering investors a targeted approach to the Latin American equity market.
The FTSE Latin America Index, which the fund tracks, is designed to capture the performance of prominent companies across Latin America's major economies. The index includes a diverse array of sectors and industries, providing a comprehensive snapshot of the regional market's leading businesses. By focusing on large- and mid-cap companies, the fund aims to represent the broader economic landscape of Latin America while concentrating on well-established firms with significant market influence.
The fund's investment strategy involves concentrating its holdings in specific industries or groups of industries to match the concentration levels of the index. This sector-focused approach allows investors to gain targeted exposure to key sectors driving economic growth in Latin America. Such industry concentration can enhance the fund's alignment with regional economic trends and sector-specific opportunities, while also reflecting the inherent risks associated with sector concentration.
Managed by Franklin Templeton, the ETF benefits from the firm's extensive expertise in global and emerging markets. The management team employs a rigorous selection process to ensure that the fund’s portfolio mirrors the index's performance and maintains exposure to influential Latin American companies. This strategy aims to deliver investors with a strategic avenue for capitalizing on the growth potential of Latin America’s large and mid-cap sectors.
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