The Franklin FTSE Latin America ETF (FLLA) which focuses on 140 stocks from Latin America has generated returns of double-digits and outperformed global stocks this year. We ascertain how FLLA is positioned relative to its larger peer ILF. The growth landscape in Brazil looks weak with benchmark interest rates poised to rise even further.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 200 | $5,656 | $5,457 | -$199 | -3.52% |
Christopher C. Powers Farther Finance Advisors, LLC | 2,085 | $59,506 | $56,076.07 | -$3,429.93 | -5.76% |
Focus Financial Network Inc. Focus Financial Network, Inc. | 10,800 | $290,289 | $291,438 | $1,149 | 0.4% |
Redwood Park Advisors LLC Redwood Park Advisors LLC | 367 | $10,379 | $9,881.47 | -$497.53 | -4.79% |
Jeffrey N. Yoffe Yoffe Investment Management LLC | 16,698 | $282,196.2 | $456,606.81 | $174,410.61 | 61.8% |
| ARCA Exchange | US Country |
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the FTSE Latin America Index and is designed to measure the performance of Latin American large- and mid-capitalization stocks. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index is concentrated.
This product focuses on direct investment in the component securities that make up the index it tracks. By allocating at least 80% of its assets into the securities and depositary receipts of companies listed on the FTSE Latin America Index, the fund seeks to mirror the performance of large- and mid-cap stocks in the Latin American market.
In addition to direct investments in stocks, the fund also invests in depositary receipts that represent the securities of the index. This approach allows for broader exposure to the Latin American markets and equips the fund with the flexibility to invest in a format that may offer additional liquidity or other strategic advantages.
The fund's investment strategy involves concentrating its investments in specific industries or groups of industries. This concentration is reflective of the index's own focus and allows the fund to take a position that aligns with the expected performance of key sectors within the Latin American economy. The aim is to capture growth in areas where the index projects significant potential.