Overview
Description
The Franklin FTSE Japan Hedged ETF is an exchange-traded fund designed to provide investors with exposure to large and mid-cap equities in Japan while mitigating the impacts of currency fluctuations between the Japanese yen and the U.S. dollar. This ETF employs currency-hedging strategies to reduce exchange rate risks, thereby allowing investors to gain more focused exposure to the Japanese stock market's performance.
The ETF targets the Japanese market comprehensively by tracking the FTSE Japan RIC Capped Index, which covers a broad array of sectors including automotive, electronics, finance, and consumer goods, playing a crucial role in capturing the economic activities in Japan. This makes the fund particularly significant for investors seeking to diversify globally while managing currency risks inherent in international investments.
By focusing on companies that are fundamental to Japan’s economic standing and implementing a currency hedging strategy, the Franklin FTSE Japan Hedged ETF serves as an important tool for investors looking to balance out inherent foreign exchange volatility, thus enabling more straightforward investment in Japan's equity markets.
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