Franklin FTSE Japan Hedged ETF
1.27 %
0.39 %
Yet to be announced
Company Overview
Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that seeks to track the investment results of the FTSE Japan RIC Capped Index hedged for USD exposure. The fund invests primarily in large and mid-capitalization Japanese companies while employing currency hedging strategies to minimize exposure to fluctuations between the value of the U.S. dollar and the Japanese yen.
The ETF provides exposure to Japanese equities across various sectors including industrials, consumer discretionary, technology, and financial services. The currency hedge is achieved through the use of monthly rolling forward contracts.
Revenue Sources
PassAs an ETF that tracks Japanese equities, the fund's primary income sources are from capital appreciation of the underlying stocks and dividend distributions. The fund's holdings are evaluated quarterly and are predominantly in legitimate business operations. The currency hedging strategy used involves real asset exchanges rather than speculative derivatives.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|
As an ETF, FLJH does not directly engage in lending or borrowing operations. The fund's primary activities involve tracking its underlying index and managing currency hedging. Any minimal interest income received from cash management activities is incidental to its main operations.
Operational Ethics
PassBased on review of the fund's holdings and operations, there are no direct ongoing associations with entities involved in human rights violations. The fund invests in Japanese companies that operate primarily in Japan and other Asian markets.
Login to join the discussion