FLEHFranklin FTSE Europe Hedged ETF
FLEH Fund Description
FLEH tracks a market-cap-weighted index of large- and midcap companies in developed Europe. The fund is currency-hedged for US investors.
FLEH Factset Analytics Insight
FLEH provides regional exposure to developed European countries while hedging out currency fluctuations for USD-based investors. The fund generally holds individual stock positions but may also gain equity exposure via the Franklin FTSE Europe ETF (FLEE), an RIC-compliant fund of large- and midcap developed European securities, selected and weighted by market-cap. The fund hedges out foreign currency exposure with rolling monthly forward contracts. As a result, FLEH expects to outperform unhedged peers when the EUR, GBP, and other related foreign currencies are declining. The index reconstitutes semi-annually.
FLEH MSCI ESG Analytics Insight
Franklin FTSE Europe Hedged ETF has an MSCI ESG Fund Rating of AA based on a score of 8.09 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Franklin FTSE Europe Hedged ETF ranks in the 92nd percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FLEH Summary Data
FLEH Portfolio Data
FLEH Index Data
FLEH Portfolio Management
FLEH Tax Exposures
FLEH Fund Structure
FLEH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLEH. FLEH is rated a 4 out of 5.
FLEH Sector/Industry Breakdown
FLEH Top 10 Holdings[View All]
FLEH Economic Development
FLEH Performance Statistics
FLEH MSCI ESG Ratings
FLEH Benchmark Comparison Summary
FLEH Benchmark Comparison Market Cap Size