Key stats
About FRANKLIN GLOBAL CORE BOND FUND UNIT ETF
Home page
Inception date
May 14, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Franklin Templeton Investments Corp.
The fund is an actively managed fund of investment grade fixed or floating-rate debt securities issued by governments and corporations from around the globe, even emerging markets. The fund will primarily hold securities rated as investment grade, but may hold up to 20% in non-investment grade debt. It is important to note that the fund may hedge 90% to 100% of its exposure to the Canadian dollar. Derivatives may be used by the adviser for hedging and non-hedging purposes to facilitate changes in portfolio duration and interest rate/yield curve exposure.
Classification
What's in the fund
Exposure type
Government
Corporate
Securitized
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.
Related funds
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.
FLGA trades at 18.73 CAD today, its price has fallen −1.06% in the past 24 hours. Track more dynamics on FLGA price chart.
FLGA net asset value is 18.88 today — it's fallen 0.75% 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.
FLGA assets under management is 415.99 M CAD. 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.
FLGA price has fallen by −1.32% over the last month, and its yearly performance shows a 0.86% increase. See more dynamics on FLGA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.75% over the last month, have fallen by −0.75% over the last month, showed a −0.29% decrease in three-month performance and has increased by 4.89% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.75% over the last month, have fallen by −0.75% over the last month, showed a −0.29% decrease in three-month performance and has increased by 4.89% in a year.
FLGA fund flows account for 52.01 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.
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.
FLGA invests in bonds. See more details in our Analysis section.
FLGA expense ratio is 0.39%. 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, FLGA 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, FLGA technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLGA shows the sell signal. See more of FLGA technicals for a more comprehensive analysis.
Today, FLGA technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLGA shows the sell signal. See more of FLGA technicals for a more comprehensive analysis.
Yes, FLGA pays dividends to its holders with the dividend yield of 2.56%.
FLGA trades at a premium (0.79%).
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.
FLGA shares are issued by Franklin Resources, Inc.
FLGA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 14, 2018.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.