Franklin FTSE Brazil ETF
FLBR

$16.83

0.77%

Market Cap: 162M

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

3% less funds holding

Funds holding: 38 [Q4 2023] → 37 (-1) [Q1 2024]

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

11.49% less ownership

Funds ownership: 41.36% [Q4 2023] → 29.87% (-11.49%) [Q1 2024]

36% less capital invested

Capital invested by funds: $75.3M [Q4 2023] → $48.6M (-$26.8M) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for FLBR.

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Financial journalist opinion

FLBR: Exaggerated Pessimism Opens Up An Opportunity

FLBR: Exaggerated Pessimism Opens Up An Opportunity

FLBR: Exaggerated Pessimism Opens Up An Opportunity

FLBR- Taking A Positive Stance Now

FLBR has delivered negative returns of 17% and underperformed emerging markets and global stocks in 2024. Despite the adverse performance so far, we are now prepared to turn more optimistic on FLBR as some key macro-economic variables are in a better place. Despite an unappealing payout in June, FLBR's yield of over 7.3% still looks very compelling.

FLBR- Taking A Positive Stance Now

FLBR: Exceptional Value Threatened By Lula's Long Arm

FLBR offers a strong value profile with a high dividend yield (9.33% in 2023), trading at 1.5x book value and 8x earnings. However, there are concerns about Brazilian President Lula's interventionist policies towards key sectors like energy and materials. While Brazil's export-oriented economy could mitigate domestic macroeconomic risks, the volatility of commodities and potential boom-and-bust cycles, along with political risks, temper the attractiveness of FLBR.

FLBR: Exceptional Value Threatened By Lula's Long Arm

Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures

Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.

Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures

Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets

China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included.

Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets

FLBR: Wait On The Sidelines

The Franklin FTSE Brazil ETF offers low-cost access to mid-and-large-cap Brazilian stocks. We touch upon a few differing characteristics of FLBR in relation to its largest peer- EWZ. Brazilian macros may not be as resilient as they've been through FY23, and compared to the other BRICS, the drop-off in GDP in 2024 will be the most pronounced.

FLBR: Wait On The Sidelines

How to Find the Best Emerging Market Stocks

Emerging market stocks often get overlooked, but adding them to your portfolio allows for diversification and potentially big returns. Just tread lightly.

How to Find the Best Emerging Market Stocks

FLBR: Mixed Indicators, Cheap Brazilian Equities, Opportunities Ahead

Franklin FTSE Brazil closely mirrors the performance of the FTSE Brazil Capped Index, making it an attractive option for investors seeking RIC concentration requirements. FLBR is concentrated in the finance, energy minerals, and non-energy minerals sectors, with notable holdings in major Brazilian banks and companies like Vale and Petrobras. Macroeconomic indicators, fiscal concerns, tax revenue trends, and commodity prices shape FLBR's future outlook, prompting cautious optimism amid risks.

FLBR: Mixed Indicators, Cheap Brazilian Equities, Opportunities Ahead

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