Franklin FTSE United Kingdom ETF
FLGB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Nov 6, 2017
- CIK
- 0001655589
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin FTSE United Kingdom ETF (FLGB) is an exchange-traded fund that seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE UK RIC Capped Index, which measures the performance of large- and mid-capitalization stocks from the United Kingdom. The fund invests at least 80% of its net assets in component securities of the underlying index, including depositary receipts representing such securities, offering investors broad exposure to approximately 104 holdings weighted by free-float adjusted market capitalization with single-stock caps at 25% and aggregate limits on larger names for regulatory compliance; top holdings include AstraZeneca PLC (approximately 8-9%), HSBC Holdings plc (approximately 7-8%), Shell plc, Unilever PLC, and Rolls-Royce Holdings plc. Launched on November 2, 2017, and listed on NYSE Arca, FLGB is issued and managed by Franklin Templeton ETF Trust, a product of Franklin Resources, Inc. (NYSE: BEN), with total net assets exceeding $900 million as of late 2025. FLGB targets investors seeking diversified equity exposure to the UK market, spanning sectors such as financials, energy, healthcare, consumer goods, and industrials, while maintaining a focus on developed international markets outside the US. The fund distributes dividends semi-annually and employs a passive management strategy led by portfolio managers including Dina Ting (since inception), Hailey Harris (since 2019), and others. Headquartered in San Mateo, California, Franklin Templeton operates globally, providing the ETF as part of its extensive lineup of over 100 exchange-traded funds tracking FTSE indexes across regions. In recent developments, Franklin Templeton, the issuer of FLGB, completed its acquisition of Apera Asset Management, a UK-based private credit firm, in October 2025, boosting its alternative assets under management to approximately $270 billion and enhancing direct lending capabilities in Europe's lower-middle market. Earlier in June 2025, Franklin Templeton announced and pursued the majority stake acquisition in Apera (with over €5 billion AUM), complementing existing platforms like Benefit Street Partners and Alcentra. These strategic moves reflect Franklin Templeton's ongoing expansion in alternatives, following prior integrations such as Putnam Investments in 2024, without direct impact on FLGB's UK equity focus but underscoring the parent's growth amid robust ETF assets like FLGB's $917 million AUM.