Key stats
About Franklin International Low Volatility High Dividend Index ETF
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Inception date
Mar 28, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Franklin Templeton Investments Corp.
ISIN
CA35360N1096
The fund aims to curate a portfolio of companies that provide stable income through high dividend yields while minimizing risk through low volatility. The portfolio is limited to developed market countries, excluding North America. Stock selection is based on yield, ensuring that companies have been profitable over the last four quarters and are projected to remain over the next four quarters. A stable yield score is then calculated by adjusting stock yields based on their price and earnings volatility, reducing the yield for high-volatility stocks and increasing it for low-volatility ones. Price volatility is measured over the past 12 months, while earnings volatility is assessed using the past three years of realized earnings and two years of projected earnings. The fund selects 50 to 100 stocks using this method and weighs them accordingly, subject to concentration, turnover, and liquidity constraints. Holdings may include derivatives. The index is reconstituted annually and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Stocks98.63%
Finance24.79%
Utilities18.30%
Consumer Durables9.32%
Communications8.74%
Transportation7.93%
Consumer Non-Durables5.69%
Energy Minerals5.48%
Non-Energy Minerals3.24%
Retail Trade3.06%
Industrial Services2.93%
Consumer Services2.60%
Commercial Services1.91%
Process Industries1.62%
Electronic Technology1.05%
Distribution Services0.86%
Health Technology0.51%
Technology Services0.43%
Producer Manufacturing0.16%
Bonds, Cash & Other1.37%
Cash1.37%
Stock breakdown by region
Europe60.02%
Asia35.79%
Oceania3.55%
Middle East0.45%
North America0.19%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLVI invests in stocks. The fund's major sectors are Finance, with 24.79% stocks, and Utilities, with 18.30% of the basket. The assets are mostly located in the Europe region.
FLVI top holdings are Repsol SA and Rio Tinto plc, occupying 2.99% and 2.71% of the portfolio correspondingly.
FLVI assets under management is 79.42 M CAD. It's risen 16.02% over the last month.
FLVI fund flows account for 70.56 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, FLVI doesn't pay dividends to its holders.
FLVI shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Mar 28, 2024, and its management style is Passive.
FLVI expense ratio is 0.34% meaning you'd have to pay 0.34% of your investment to help manage the fund.
FLVI follows the Franklin International ex North America Low Volatility High Dividend Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLVI invests in stocks.
FLVI price has risen by 0.43% over the last month, and its yearly performance shows a 18.45% increase. See more dynamics on FLVI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.74% over the last month, showed a 8.21% increase in three-month performance and has increased by 21.76% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.74% over the last month, showed a 8.21% increase in three-month performance and has increased by 21.76% in a year.
FLVI trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.