What does Franklin FTSE Switzerland ETF do?
Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) is a fund that seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Switzerland RIC Capped Index. This index tracks the performance of Swiss large and mid capitalization stocks. The ETF employs a passive management or indexing investment approach and aims to replicate the target index by investing in the stocks that make up the index holding each stock in approximately the same proportion as its weighting in the index. Franklin FTSE Switzerland ETF is designed for investors looking to gain broad exposure to the Swiss equity market, including sectors such as healthcare, financials, and consumer goods. Its main objectives include offering an efficient way to gain access to the Swiss stock market, providing diversification benefits, and maintaining a low-cost structure to improve investors' returns.