FLSPFranklin Liberty Systematic Style Premia ETF
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.
FLSP Portfolio Management
FLSP Tax Exposures
FLSP Fund Structure
FLSP Factset Analytics Block Liquidity
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 Asset Allocation