Franklin Systematic Style Premia ETF (FLSP)

Franklin Systematic Style Premia ETF (FLSP) is an exchange-traded fund in the Multistrategy category. It has $1.10B in assets, an expense ratio of 0.65% and a 2.49% dividend yield. The fund seeks to achieve its investment goal by allocating its assets across two underlying "alternative" investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. The exposure to the commodity and currency asset classes is obtained indirectly through the use of derivatives, while the exposure to the equity and fixed income asset classes is primarily obtained indirectly through the use of derivatives, but may also be achieved through direct…