Franklin FTSE South Africa ETF (FLZA)
Franklin FTSE South Africa ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $19.57, up 0.00% on the session, giving a market capitalisation of $2.0M. Its beta of 1.27 implies it has historically moved more than the broad market.
Under typical market conditions, the fund allocates a minimum of 80% of its assets to the securities comprising its benchmark index, or to depositary receipts linked to those securities. This underlying index, the FTSE South Africa Index, is constructed to gauge the performance of major and mid-sized South African companies. The fund will mirror the index's concentration level in any specific industry or collection of industries. It is structured as a non-diversified investment.
Franklin FTSE South Africa ETF is most often compared with the following Financial Services names: