- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Nov 6, 2017
- Business
- Franklin FTSE China ETF (FLCH) is an exchange-traded fund that seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE China RIC Capped Index, a market-cap weighted benchmark measuring Chinese large- and mid-capitalization stocks represented by H-shares, A-shares, B-shares, N-shares, Red Chips, P-Chips, and S-Chips with security weight caps to limit concentration. The fund offers passive exposure to a diversified portfolio across sectors including consumer discretionary (27.14%), communication services (20.37%), financials (17.46%), information technology (8.69%), and industrials (6.43%), with top holdings such as Tencent Holdings Limited (15.61%), Alibaba Group Holding Limited (11.25%), China Construction Bank Corporation (3.21%), PDD Holdings Inc. (2.71%), and Xiaomi Corporation (2.63%); it holds approximately 987-993 securities, features a low expense ratio of 0.19%, semi-annual dividend distributions yielding around 2.50%, and trades on the NYSE Arca exchange. Launched on November 2, 2017, and issued by Franklin Templeton (through Franklin Templeton ETF Trust), FLCH targets investors seeking cost-effective access to the China region within the emerging markets equity segment, with total net assets of approximately $233-235 million and a fiscal year-end of March 31.
In recent developments, FLCH has delivered a year-to-date total return of approximately 35.12% as of late 2025, attracting significant institutional interest with 42 hedge funds and large institutions investing $70.8 million in Q3 2025, alongside new stakes by firms such as PFG Private Wealth Management LLC (valued at $873,000 in Q4 prior year); the fund has also benefited from China's export resilience, policy recalibrations toward Asia-focused trade, and strong performances in holdings like Tencent's mobile gaming launches. Franklin Templeton, the fund's sponsor, expanded its ETF lineup in 2025 with actively managed international equity products like the Putnam International Stock ETF (PGRI), signaling broader strategic innovation in global diversification strategies, while FLCH itself maintains its indexed approach with semi-annual index reconstitutions amid ongoing geopolitical and economic volatility in China. The fund is non-diversified geographically, concentrating on China with heightened regulatory, currency, and emerging market risks, and is managed by Franklin ETF and Index Investments team members including Dina Ting (since 2019) and others since 2022.