FLLV

Fund Description
The fund seeks capital appreciation with an emphasis on lower volatility than the broader equity market, as measured by the Russell 1000 Index. The fund applies a fundamentally driven bottom-up research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on our proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process. Under normal market conditions, the Fund invests at least 80% of its net assets in U.S. investments. The Fund invests primarily in equity securities (principally common stocks) of U.S. companies, which are those that: are organized under the laws of, or have a principal office in, or for whose securities the principal trading market is, the U.S.; or derive 50% or more of their total revenue or profit from either goods or services produced, or sales made, in the U.S.; or have 50% or more of their assets in the U.S. The Fund seeks capital appreciation while providing a lower level of volatility than the broader equity market as measured by the Russell 1000 Index. Volatility is a statistical measurement of the frequency and level of up and down fluctuations of a fund s returns over time. Therefore, in this context, seeking to provide a lower level of volatility than the broader equity market means that the Fund seeks returns that fluctuate less than the returns of the Russell 1000 Index.
Fund Profile
Fund Name Franklin Liberty U.S. Low Volatility ETF
Fund Exchange Ticker FLLV
Fund Sponsor Franklin Templeton
Fund ISIN US35473P5044
Net Expense Ratio 0.50 %
Fund Inception Date 20 September 2016
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 24 June 2019
Asset Under Management 16.11 Million (USD)
1 Month Total Return 5.44 %
Year To Date Return 22.68 %
1 Year Total Return 16.66 %
3 Year Annualized Total Return
NAV 35.79
Share Outstanding 450,000
Top 10 Holdings (21 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ORACLE CORP ORCL EQUI 0.0153000000
VISA INC-CLASS A SHARES V EQUI 0.0146000000
MASTERCARD INC - A MA EQUI 0.0146000000
INTL BUSINESS MACHINES CORP IBM EQUI 0.0146000000
FISERV INC FISV EQUI 0.0146000000
CISCO SYSTEMS INC CSCO EQUI 0.0146000000
TEXAS INSTRUMENTS INC TXN EQUI 0.0145000000
SYNOPSYS INC SNPS EQUI 0.0145000000
MICROSOFT CORP MSFT EQUI 0.0145000000
APPLE INC AAPL EQUI 0.0145000000