Key stats
About Franklin Systematic Style Premia ETF
Expense ratio
0.65%
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Inception date
Dec 18, 2019
FLSP is a first for Franklin Templeton in the Alternatives space. The funds portfolio allocates assets across two underlying alternative investment strategies. The first is a top-down risk premia strategy focusing on four style factors: quality, value, momentum and carry assuming both long and short positions across equity, fixed income, commodity and currencies using derivatives. The second strategy is a bottom-up long/short equity strategy focused on quality, value and momentum. FLSP will primarily hold equity securities and total return swaps for short exposure. The fund is actively risk-managed, seeking a target annualized volatility of 8%. Investors should anticipate a higher portfolio turnover rate which may indicate higher transaction costs and taxes if shares are held in a taxable account. Prior to Aug. 1, 2022, the fund traded under the name Franklin Liberty Systematic Style Premia ETF.
Classification
What's in the fund
Exposure type
Cash
Stocks53.57%
Technology Services9.84%
Finance6.76%
Health Technology5.47%
Retail Trade4.41%
Electronic Technology4.28%
Producer Manufacturing3.08%
Consumer Services2.73%
Commercial Services2.15%
Consumer Non-Durables2.08%
Energy Minerals1.94%
Transportation1.73%
Utilities1.59%
Process Industries1.52%
Health Services1.51%
Communications1.41%
Non-Energy Minerals1.37%
Consumer Durables1.01%
Distribution Services0.35%
Industrial Services0.35%
Bonds, Cash & Other46.43%
Cash43.48%
Miscellaneous2.95%
Displays a symbol's price movements over previous years to identify recurring trends.