Franklin Intelligent Machines ETF

Frequently Asked Questions About IQM

What does IQM invest in?

Franklin Templeton ETF Trust - Franklin Intelligent Machines ETF is an exchange traded fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in public equity markets of global region. The fund invests in stocks of companies operating across information technology, software and services, software, systems software, automation products and services, software research, artificial intelligence software sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It employs internal and external research to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 3000 Index. Franklin Templeton ETF Trust - Franklin Intelligent Machines ETF was formed on February 25, 2020 and is domiciled in the United States.

What is the expense ratio of IQM?

Franklin Intelligent Machines ETF (IQM) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IQM?

Franklin Intelligent Machines ETF (IQM) manages $103.2M 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 IQM actively managed or an index fund?

IQM 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 (IQM's is 0.50%) because there's no security selection cost.

When was IQM launched?

Franklin Intelligent Machines ETF (IQM) launched in February 2020 and is managed by Franklin Templeton.

How has IQM performed?

IQM'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.