Key stats
About FRANKLIN TEMPLETON ETF TR FTSE MEXICO ETF
Home page
Inception date
Nov 3, 2017
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisory Services LLC
Distributor
Franklin Distributors LLC
FLMX is a straightforward fund that follows large- and midcap Mexican equities. The fund is generally representative of the space, with two concessions: small-caps are excluded, and positions in the largest companies are limited for RIC compliance. By doing so, the fund employs a capping methodology quarterly so that no individual constituent has a weight greater than 20% and the aggregate weight of constituents with over 4.5% weight are capped at 48% weight of the portfolio. The index constituents are market-cap weighted, and reviewed semi-annually.
Classification
What's in the fund
Exposure type
Finance
Retail Trade
Non-Energy Minerals
Transportation
Communications
UNIT
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLMX trades at 578.850 MXN today, its price hasn't changed in the past 24 hours. Track more dynamics on FLMX price chart.
FLMX net asset value is 583.70 today — it's risen 5.57% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLMX assets under management is 949.04 M MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLMX price has risen by 10.52% over the last month, and its yearly performance shows a 2.45% increase. See more dynamics on FLMX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.57% over the last month, showed a 8.86% increase in three-month performance and has increased by 5.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.57% over the last month, showed a 8.86% increase in three-month performance and has increased by 5.29% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLMX invests in stocks. See more details in our Analysis section.
FLMX expense ratio is 0.19%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLMX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLMX technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLMX shows the strong buy signal. See more of FLMX technicals for a more comprehensive analysis.
Today, FLMX technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLMX shows the strong buy signal. See more of FLMX technicals for a more comprehensive analysis.
Yes, FLMX pays dividends to its holders with the dividend yield of 2.53%.
FLMX trades at a premium (1.59%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLMX shares are issued by Franklin Resources, Inc.
FLMX follows the FTSE Mexico RIC Capped Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 3, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.