FLJH ISSUER
The issuer of the FLJH ETF is committed to socially responsible investing. This exchange-traded fund aims to track an index comprised of equity securities issued by large-cap companies in the United States that meet specific environmental, social, and governance (ESG) criteria. MSCI, a renowned index provider, controls the index used by the fund, ensuring transparency and adherence to ESG standards. The issuer's dedication to responsible investing principles is reflected in FLJH's portfolio composition, which excludes companies engaged in controversial businesses and emphasizes ESG performance within sectors, promoting sustainability and ethical investing practices.
FLJH DIVIDEND
The Franklin FTSE Japan Hedged ETF (FLJH) offers investors exposure to Japanese large- and mid-capitalization stocks while mitigating currency risk through a hedging strategy. The fund seeks to replicate the performance of the FTSE Japan Capped Hedged Index, which maintains a hedge against fluctuations in the Japanese yen relative to the U.S. dollar. With its focus on balancing currency risk and equity returns, FLJH provides a unique approach for investors interested in the Japanese market.
FLJH TRACKING
The FLJH ETF, managed by Acruence Capital, employs an active strategy aimed at achieving market returns similar to those of U.S. large-capitalization stocks, as represented by the S&P 500 index, while maintaining lower volatility. To achieve this, the fund utilizes a combination of equity securities, dividend-focused and growth-focused components, and a range of options strategies, including VIX Options, collar strategies, vertical spread strategies, covered call strategies, and box trade strategies. The fund's equity portfolio composition and market exposure are adjusted based on the Sub-Adviser's outlook for the U.S. equity markets, with a focus on securities fundamentals, relative strength, and institutional investor distribution. Additionally, the fund may allocate up to 20% of its total assets to a wholly-owned subsidiary organized in the Cayman Islands, which also engages in VIX Options trading.
FLJH CORRELATION
The correlation of the FLJH ETF, known as the AGFiQ U.S. Market Neutral Value Fund, is a key aspect for investors looking to understand its behavior in the market. As a market-neutral ETF, FLJH aims to provide returns that are independent of overall market movements. Therefore, its correlation with traditional equity indices like the S&P 500 tends to be low or even negative at times. This unique correlation profile makes FLJH a valuable tool for investors seeking to reduce market risk within their portfolios.
FLJH SECTOR
The Franklin FTSE Japan Hedged ETF (FLJH) focuses on the Japanese equity market, seeking to replicate the performance of the FTSE Japan Capped Hedged Index. This index comprises Japanese large- and mid-capitalization stocks and incorporates a currency hedge against fluctuations in the Japanese yen relative to the U.S. dollar. The ETF provides investors with exposure to various sectors within the Japanese economy while mitigating the impact of currency volatility on returns.
FLJH EXPOSURE
The Franklin FTSE Japan Hedged ETF (FLJH) offers exposure to the Japanese equity market while mitigating currency risk through a hedged approach. The fund seeks to track the performance of the FTSE Japan Capped Hedged Index, a market capitalization-weighted index that includes large- and mid-cap Japanese stocks. FLJH's strategy involves maintaining a hedge against fluctuations in the Japanese yen relative to the U.S. dollar, making it a suitable choice for investors seeking exposure to Japanese equities while aiming to minimize the impact of currency movements on their returns.