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
Stocks40.09%
Technology Services8.05%
Finance5.14%
Health Technology4.50%
Electronic Technology3.29%
Retail Trade3.25%
Producer Manufacturing2.15%
Consumer Non-Durables1.94%
Consumer Services1.89%
Utilities1.50%
Commercial Services1.34%
Energy Minerals1.25%
Transportation0.95%
Communications0.94%
Process Industries0.87%
Non-Energy Minerals0.77%
Consumer Durables0.77%
Health Services0.56%
Industrial Services0.51%
Distribution Services0.42%
Bonds, Cash & Other59.91%
Cash57.59%
Miscellaneous2.32%
Displays a symbol's price movements over previous years to identify recurring trends.