Franklin FTSE Taiwan ETF (FLTW)
| Assets | $391.80M |
| Expense Ratio | 0.19% |
| PE Ratio | 16.52 |
| Shares Out | 8.20M |
| Dividend (ttm) | $1.21 |
| Dividend Yield | 2.53% |
| Ex-Dividend Date | Jun 21, 2024 |
| Payout Ratio | 41.37% |
| 1-Year Return | +22.77% |
| Volume | 33,722 |
| Open | 47.88 |
| Previous Close | 48.44 |
| Day's Range | 47.52 - 47.91 |
| 52-Week Low | 37.82 |
| 52-Week High | 51.92 |
| Beta | 0.87 |
| Holdings | 131 |
| Inception Date | Nov 2, 2017 |
About FLTW
Fund Home PageThe Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is issued by Franklin Templeton.
Top 10 Holdings
48.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 20.83% |
| Hon Hai Precision Industry Co., Ltd. | 2317 | 7.68% |
| MediaTek Inc. | 2454 | 5.84% |
| Delta Electronics, Inc. | 2308 | 2.66% |
| Quanta Computer Inc. | 2382 | 2.45% |
| Fubon Financial Holding Co., Ltd. | 2881 | 2.32% |
| Cathay Financial Holding Co., Ltd. | 2882 | 1.96% |
| CTBC Financial Holding Co., Ltd. | 2891 | 1.92% |
| United Microelectronics Corporation | 2303 | 1.68% |
| ASE Technology Holding Co., Ltd. | 3711 | 1.62% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 21, 2024 | $0.199 | Jun 28, 2024 |
| Dec 15, 2023 | $1.013 | Dec 26, 2023 |
| Jun 16, 2023 | $0.162 | Jun 27, 2023 |
| Dec 16, 2022 | $1.030 | Dec 22, 2022 |
| Jun 17, 2022 | $0.005 | Jun 28, 2022 |
| Dec 13, 2021 | $1.022 | Dec 21, 2021 |
News
FLTW: Long-Term Growth Prospect Intact, But Quite Expensive Now
FLTW has a high exposure to technology stocks. These technology stocks benefit from many technological megatrends such as AI, cloud computing, AR/VRs, Internet of Things, etc. The fund is trading at a...
China's Policy Measures: A Pivotal Week?
China's policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. The reception from global markets has been very positi...
China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...
Taiwan's Net Exports Surged To Record High In August
A surge in exports and a slowdown of imports led to a record high trade surplus of USD$11.5bn last month. The stronger-than-anticipated trade surplus should offer some support to Taiwan's third-quarte...
Chinese Equities: How Investors Can Unlock The Power Of Dividends
Chinese companies are being encouraged to return cash to shareholders - and are finding good reasons to do so. Regulators are encouraging companies to focus on shareholder returns, and changing macroe...
China's Stalling Credit Market Signals an Era Of Stagnation
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why hous...
China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% M...
The Chinese Economy Is In Trouble, Here Are The Warning Signs
China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...
China's Credit Activity Remained Weak In July
New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...
Taiwan Export And Import Growth Surge To 28-Month Highs In June
Export and import growth both far exceeded forecasts in June, reaching their highest levels since February 2022. Exports to other regions finally recovered in June, after previously being concentrated...
FLTW: Ride The Tech Tailwinds With Taiwan
A tech acceleration is propelling Taiwanese stocks higher. Recent data points indicate this rally still has legs. Ultra-low-cost FLTW is an interesting option to play Taiwan here.
China's Sluggish May Economic Data To Increase Calls For Rate Cuts
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and ...
China Accelerates Policy Support Rollout Amid Mixed Data
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
China's May PMI Disappointed As Manufacturing Fell Back Into Contraction
Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
UBS says it expects more upside for Taiwan's Taiex
Randy Abrams of the bank discusses what's driving growth in the Taiwan market.
Investors flood into Taiwan ETFs on AI boom, unnerving some
Money is pouring into Taiwan exchange-traded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst and regulator caution just as a rally in the sector h...
FLTW: Exposure To A Critical AI Supply Chain Link
The Franklin FTSE Taiwan ETF offers exposure to Taiwanese mid and large-cap equities, and is heavily tilted towards tech. Taiwan's impressive economic growth is driven by high-tech manufacturing, but ...
Taiwan Earthquake Pulls Down Chip Stocks Taiwan Semi, ASE, and United Microelectronics
TSMC says it evacuated some plants but workers are now returning.
PBOC Held Rates Steady In March
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...
The Taiwan Fund: Flipping Bullish As Tech Tailwinds Intensify
In bull markets, a higher beta, tech-heavy fund like Nomura's Taiwan Fund tends to add a fair bit of outperformance.