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
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
Technology Services
Cash
Stocks52.54%
Technology Services10.07%
Finance6.85%
Health Technology5.62%
Retail Trade4.56%
Electronic Technology4.46%
Producer Manufacturing2.69%
Consumer Services2.66%
Consumer Non-Durables2.05%
Energy Minerals1.89%
Commercial Services1.85%
Utilities1.62%
Transportation1.56%
Process Industries1.45%
Non-Energy Minerals1.26%
Communications1.25%
Health Services1.03%
Consumer Durables1.03%
Industrial Services0.34%
Distribution Services0.31%
Bonds, Cash & Other47.46%
Cash44.75%
Miscellaneous2.71%
Top 10 holdings
Dividends
Dividend payout history