Key stats
About Franklin FTSE Saudi Arabia ETF
Expense ratio
0.39%
Home page
Inception date
Oct 9, 2018
FLSA is Franklin Templetons offering for representation of the Saudi Arabian market. Qualifying large- and midcap stocks that are incorporated and/or headquartered in Saudi Arabia are weighted by market cap, limiting individual issuers to 20% of fund assets. While FLSA accurately represents the public equity market, thats a relatively small slice the Saudi economy. The countrys massive energy sector is largely state-owned, so FLSA is dominated by banks and other financial services firms. Foreign ownership of Saudi stock is heavily regulated and was prohibited entirely before 2015, so the funds continued ability to invest should not be taken for granted.
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Process Industries
Stock breakdown by region
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