Overview
Description
The Franklin FTSE U.S. Index ETF is an exchange-traded fund designed to provide investors with exposure to a broad spectrum of the United States equity market. Its primary function is to track the performance of the FTSE USA Index, a benchmark index that includes large and mid-cap U.S. companies. By replicating this index, the ETF offers investors a diversified portfolio of stocks across various sectors, making it a comprehensive representation of the U.S. market.
Notable features of this ETF include its diversified holdings across industries such as technology, healthcare, financials, and consumer goods, which are instrumental in driving economic growth. The Franklin FTSE U.S. Index ETF enables investors to gain a passive investment strategy that correlates with the overall market performance, reducing specific company risk.
In the financial market, this ETF serves as a tool for attaining market-level returns while providing liquidity, transparency, and cost-efficiency. It is a popular choice for those seeking hands-off investment in U.S. equities, aligning with the broader trends and dynamics of the U.S. economy.
About
Address
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE