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.

FLSP Charts And Performance

Price Chart ($)
Total Return Chart (%)
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  • 3 Months
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  • 5 Years
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PERFORMANCE [as of 02/21/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLSP 0.11% -- 1.10% -- -- -- --
FLSP (NAV) 0.12% -- 1.56% -- -- -- --
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%
$55.66M
$1.38M
0.53%

FLSP Portfolio Data

Tactical Asset Allocation
--
N/A
279

FLSP Index Data

No Underlying Index
Proprietary
Proprietary
N/A

FLSP Portfolio Management

0.65%
--
--
--

FLSP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FLSP Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FLSP Factset Analytics Block Liquidity

As of 02/24/20
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

54,341
$1.38M
0
0
0.53%
$0.13
0.28%
1.46% / -0.67%
None
--
100,000
0
0.04%
--
0
$25.35
N/A

FLSP Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

FLSP Top 5 Holdings Long

49.41%
2.35%
0.94%
AbbVie, Inc. 0.93%

FLSP Top 5 Holdings Short

-15.71%

FLSP Performance Statistics

--
1.56%
-0.20%
0.07
0.12
0.17
1.21

FLSP Correlations (Daily Returns 12 Mo)

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