FLAX

About FLAX

The Franklin FTSE Asia Ex Japan ETF is an exchange-traded fund designed to track the performance of the FTSE Asia ex Japan RIC Capped Index. This index encompasses a broad diversification across equity markets throughout Asia, excluding Japan. Its primary purpose is to provide investors with exposure to emerging and developed markets in Asia, including regions such as China, Hong Kong, India, and South Korea. The ETF is structured to mirror the composition of the index, offering cost-efficient access to a wide array of sectors such as technology, finance, and manufacturing that drive economic growth in these countries. Its underlying investments include stocks from large-cap and mid-cap companies, making it a comprehensive vehicle for investors looking to capitalize on Asia's dynamic economic landscape, excluding Japan. In the financial market, the Franklin FTSE Asia Ex Japan ETF serves an essential role in portfolio diversification, particularly for investors aiming to gain strategic exposure to the rapidly developing Asian markets without the currency and economic influences of Japan. This ETF is part of the broader trend of geographically focused funds that allow investors to target specific economic zones.