Overview
Description
Franklin FTSE Saudi Arabia ETF is an exchange-traded fund that primarily serves the purpose of providing investors diversified access to the Saudi Arabian equity market. By tracking the performance of a specified index representative of the large and mid-cap segment of the Saudi Arabian equity universe, this ETF allows investors to participate in the growth and development of Saudi Arabia’s dynamic economy. The fund features stocks that are pivotal to the Kingdom’s core industries, including energy, materials, and financial services, which constitute significant portions of the region’s GDP. This ETF plays a crucial role in offering exposure to Saudi's market dynamics amidst global investors seeking geographic diversification. The fund's structure as an ETF allows for higher liquidity and potential cost-effectiveness compared to individual stock purchases, enabling investors to efficiently access this emerging market. Additionally, the Franklin FTSE Saudi Arabia ETF embodies the strategic economic initiatives like Vision 2030 by aligning with sectors pivotal to Saudi Arabia’s policy-driven economic evolution.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United States
MIC code
ARCX