Key stats
About FRANKLIN EMERGING MARKETS EQUITY INDEX ETF
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Inception date
Jan 29, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Franklin Templeton Investments Corp.
The fund offers a multi-factor take on emerging market equities that aims to maintain similar characteristics to its parent index, the MSCI Emerging Markets Index. The fund aims to enhance exposure to four factors: quality, value, momentum, and low volatility, subject to exposure constraints. Quality factor is designated 50%, value at 30%, momentum at 10% and low volatility at 10%. The index holds 200 stocks with the highest rank. These same four factors also determine each constituents weight, scaled to market capitalization. FLEM is rebalanced and reconstituted semi-annually. At each rebalance, each constituents weight is normalized to its weight within the parent index. These modest tilts and broad exposure suggest the fund is designed as a core, long-term holding rather than a short-term factor play. Issuer weights are capped at 1%.
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
Electronic Technology
Stocks99.23%
Finance25.50%
Electronic Technology20.62%
Technology Services9.57%
Retail Trade5.97%
Producer Manufacturing4.42%
Energy Minerals4.03%
Non-Energy Minerals3.71%
Transportation3.30%
Consumer Durables3.29%
Consumer Non-Durables3.28%
Health Technology2.79%
Utilities2.78%
Communications2.62%
Process Industries2.13%
Health Services1.66%
Consumer Services1.48%
Industrial Services1.03%
Distribution Services0.58%
Commercial Services0.47%
Miscellaneous0.01%
Bonds, Cash & Other0.77%
UNIT0.59%
Cash0.14%
Miscellaneous0.04%
Stock breakdown by region
Asia79.69%
Middle East7.67%
Latin America4.51%
Africa2.91%
Europe2.82%
North America2.38%
Oceania0.02%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLEM invests in stocks. The fund's major sectors are Finance, with 25.50% stocks, and Electronic Technology, with 20.62% of the basket. The assets are mostly located in the Asia region.
FLEM top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Tencent Holdings Ltd, occupying 8.96% and 4.45% of the portfolio correspondingly.
FLEM last dividends amounted to 0.18 CAD. Six months before that, the issuer paid 0.06 CAD in dividends, which shows a 64.02% increase.
FLEM assets under management is 25.59 M CAD. It's risen 2.50% over the last month.
FLEM fund flows account for 12.71 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FLEM pays dividends to its holders with the dividend yield of 6.34%. The last dividend (Jan 9, 2025) amounted to 0.18 CAD. The dividends are paid semi-annually.
FLEM shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Jan 29, 2018, and its management style is Passive.
FLEM expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
FLEM follows the LibertyQ Emerging Markets Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLEM invests in stocks.
FLEM price has risen by 3.42% over the last month, and its yearly performance shows a 11.81% increase. See more dynamics on FLEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.91% over the last month, showed a 0.32% increase in three-month performance and has increased by 13.53% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.91% over the last month, showed a 0.32% increase in three-month performance and has increased by 13.53% in a year.
FLEM trades at a premium (0.86%) meaning the ETF is trading at a higher price than the calculated NAV.