FLKR - LONG to $41FLKR | Franklin FTSE South Korea ETF
As the Japan stock market, South Korean market is also going up.
Technically, we are at the beginning of the long 3ed wave. Upside potential is near 90%.
Key stats
About Franklin FTSE South Korea ETF
Expense ratio
0.09%
Home page
Inception date
Nov 2, 2017
ISIN
US35473P7107
FLKR offers representative exposure to South Korean large- and mid-cap equities. All companies are weighted by their free-float-adjusted market cap and reviewed semi-annually, with limits on the very largest firms for RIC compliance. The issuer limits are applied quarterly and are as follows: All companies that have a weight greater than 4.5% in aggregate are no more than 48% of the index, and no individual company in the index has a weight greater than 20% of the index. Like most competitors, the fund excludes small-caps. For investors that look for a simple, no-frills South Korean fund, FLKR offers neutral coverage of the South Korean equities market.
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Producer Manufacturing
Stock breakdown by region
Playing the Squid Game on South KoreaThe South Korean show Squid Game dramatizes, in part, the extremely high household debt levels in that country. With household debt-to-GDP highest in the world, South Korean 30-somethings owe an average of 270% of their annual income.
Those are the kinds of household debt levels that could either
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