- Business
- Franklin Focused Growth ETF (FFOG) is an actively managed exchange-traded fund that seeks capital appreciation by investing predominantly in equity securities of companies offering compelling growth opportunities, with a focus on factors such as historical and potential revenue and earnings growth, management quality, and strategic industry positioning; the fund primarily holds common stocks of large-cap growth companies, including top holdings like NVIDIA Corp., Microsoft Corp., Amazon.com Inc., Meta Platforms Inc., and Broadcom Inc., and may allocate up to 25% of net assets to foreign equity securities, including emerging markets; benchmarked against the Russell 1000 Growth Index, it features a net expense ratio of 0.55% and trades on the Cboe exchange. Issued by Franklin Templeton ETF Trust, a subsidiary of Franklin Resources, Inc. (NYSE: BEN), FFOG operates within the U.S. equities asset class targeting broad market/multi-cap developed market funds, serving institutional and retail investors seeking exposure to innovative growth sectors such as technology and disruptive commerce. Headquartered in San Mateo, California, Franklin Templeton manages over $1.4 trillion in assets globally across more than 150 countries, with FFOG forming part of its U.S. ETF platform comprising 59 funds and approximately $13 billion in combined assets. Launched as an ETF on November 6, 2023, following shareholder approval on June 30, 2023, and effective November 3, 2023, FFOG represents the third mutual fund-to-ETF conversion by Franklin Templeton, converting from the predecessor Franklin Focused Growth Fund (incepted April 13, 2016) while retaining the same investment objective, strategies, benchmark, adviser, and portfolio manager Matt Moberg; as a non-diversified fund, it invests in a concentrated portfolio of approximately 37 holdings, heightening sensitivity to individual issuer risks compared to diversified peers. No significant acquisitions, partnerships, funding rounds, or additional product launches specific to FFOG have been reported since its conversion, though Franklin Templeton continues expanding its active ETF lineup, including recent launches like the Franklin Small Cap Enhanced ETF (FSML) in late 2025.