Franklin FTSE Asia ex Japan ETF

Frequently Asked Questions About FLAX

What does FLAX invest in?

This ETF strives to replicate the returns of the FTSE Asia ex Japan RIC Capped Index (the FTSE Asia ex Japan Capped Index) as accurately as possible, before accounting for its own fees and expenses.

What is the expense ratio of FLAX?

Franklin FTSE Asia ex Japan ETF (FLAX) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FLAX?

Franklin FTSE Asia ex Japan ETF (FLAX) manages $56.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FLAX actively managed or an index fund?

FLAX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FLAX's is 0.19%) because there's no security selection cost.

When was FLAX launched?

Franklin FTSE Asia ex Japan ETF (FLAX) launched in February 2018 and is managed by Franklin Templeton.

How has FLAX performed?

FLAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.