FLSP

Franklin Liberty Systematic Style Premia ETF
*Unless otherwise stated, data provided by FactSet.

FLSP Fund Description

FLSP is an actively managed, absolute return fund that aims to produce positive returns in a rising or falling market by employing a multi-asset, long/short strategy via the use of derivatives.

FLSP Factset Analytics Insight

FLSP is a first for Franklin Templeton in the Alternatives space. The fund’s portfolio allocates assets across two underlying alternative investment strategies. The first is a top-down risk premia strategy focusing on four style factors: quality, value, momentum and carry assuming both long and short positions across equity, fixed income, commodity and currencies using derivatives. The second strategy is a bottom-up long/short equity strategy focused on quality, value and momentum. FLSP will primarily hold equity securities and total return swaps for short exposure. The fund is actively risk-managed, seeking a target annualized volatility of 8%. Investors should anticipate a higher portfolio turnover rate which may indicate higher transaction costs and taxes if shares are held in a taxable account.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLSP -3.43% 1.73% -0.37% 8.09% -- -- --
FLSP (NAV) -2.26% 1.50% 0.05% 8.78% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLSP Summary Data

Franklin
12/18/19
Open-Ended Fund
0.65%
$75.70M
$1.25M
0.62%

FLSP Portfolio Data

Tactical Asset Allocation
0.09%
12/12/22
--

FLSP Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FLSP Portfolio Management

0.65%
--
--
--

FLSP Tax Exposures

20.00% / 39.60%
2.05%
Ordinary income
No

FLSP Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

FLSP Factset Analytics Block Liquidity

As of 07/01/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FLSP. FLSP is rated a N/A out of 5.

FLSP Tradability

56,781
$1.25M
3,399
$75.12K
0.62%
$0.13
-0.04%
6.25% / -3.89%
None
--
100,000
0.03
0.05%
--
0
$21.65
N/A

FLSP Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

FLSP Top 5 Holdings Long

28.80%
6.36%

FLSP Top 5 Holdings Short

--

FLSP Performance Statistics

8.78%
3.24%
-2.48%
0.07
0.09
-0.42
0.75

FLSP Correlations (Daily Returns 12 Mo)

0.30
-0.09
0.56