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 18 January 2019
Asset Under Management 12.32 Million (USD)
1 Month Total Return 3.37 %
Year To Date Return 5.24 %
1 Year Total Return 0.73 %
3 Year Annualized Total Return
NAV 30.79
Share Outstanding 400,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ROSS STORES INC ROST EQUI 0.0161990000
NIKE INC -CL B NKE EQUI 0.0159380000
WALMART INC WMT EQUI 0.0150610000
BAXTER INTERNATIONAL INC BAX EQUI 0.0147500000
HOME DEPOT INC HD EQUI 0.0146390000
MONDELEZ INTERNATIONAL INC-A MDLZ EQUI 0.0146140000
BECTON DICKINSON AND CO BDX EQUI 0.0145650000
LOWE'S COS INC LOW EQUI 0.0143670000
DANAHER CORP DHR EQUI 0.0142730000
TEXAS INSTRUMENTS INC TXN EQUI 0.0142640000