Franklin LibertyQ International Equity Hedged ETF
0.86 %
2.89 %
Yet to be announced
Company Overview
Franklin LibertyQ International Equity Hedged ETF is an exchange-traded fund that seeks to provide investment results that closely correspond to the performance of the Franklin International Equity Hedged Index. The fund invests primarily in equity securities of companies located in developed markets outside the United States while seeking to hedge against currency fluctuations between the U.S. dollar and other currencies.
The ETF combines smart beta factors including quality, value, momentum, and low volatility to select stocks, while employing currency hedging strategies to minimize the impact of foreign exchange fluctuations on returns.
Revenue Sources
PassAs an ETF that tracks an index of international equity securities, FLQH's income is primarily derived from capital appreciation and dividends from its underlying holdings. The fund's investment strategy and holdings do not indicate direct involvement in haram business activities. The fund screens and selects companies based on quantitative factors rather than engaging in prohibited activities like gambling or alcohol production.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
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The ETF structure means that interest-based income is not a significant component of the fund's operations. While some of the underlying companies in the index may have interest income or expenses, the ETF itself does not engage in interest-based lending or borrowing as a core business activity. The currency hedging component uses forward contracts which are structured to comply with Islamic finance principles.
Operational Ethics
PassBased on review of the fund's holdings and operations, there is no evidence of direct material ongoing associations with entities involved in human rights violations. While the fund invests internationally, its investments are primarily in developed markets with strong regulatory oversight. The fund's currency hedging and investment activities do not indicate systematic collaboration with problematic regimes.
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