Key stats
About Franklin FTSE Saudi Arabia ETF
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Inception date
Oct 9, 2018
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Franklin Advisory Services LLC
Distributor
Franklin Distributors LLC
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Energy Minerals
Stocks99.55%
Finance42.79%
Energy Minerals11.58%
Process Industries9.24%
Communications8.63%
Utilities6.89%
Non-Energy Minerals4.92%
Health Services3.52%
Technology Services2.68%
Consumer Non-Durables2.27%
Transportation1.15%
Retail Trade1.12%
Producer Manufacturing1.01%
Distribution Services0.98%
Health Technology0.88%
Commercial Services0.79%
Industrial Services0.79%
Consumer Services0.30%
Bonds, Cash & Other0.45%
Cash0.45%
Mutual fund0.00%
Stock breakdown by region
Middle East100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history