Franklin FTSE Mexico ETF
FLMX
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- James C. Flores
- Sector
- Financial Services
- Industry
- Asset Management
- 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 Mexico ETF (FLMX) is an exchange-traded fund that seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Mexico RIC Capped Index, a market-cap weighted and capped benchmark comprising large- and mid-capitalization Mexican equities across diversified sectors including consumer staples, materials, financials, industrials, and communication services; the fund invests in growth and value stocks of companies operating in Mexico, with sector allocations as of late 2025 showing consumer staples at approximately 29%, materials at 22%, and financials at 18%; it features semi-annual dividend distributions, low expense ratio of 19 basis points, and tax efficiency typical of ETFs listed on NYSE Arca. Launched on November 3, 2017 and managed by Franklin Advisory Services, LLC and Franklin Templeton Institutional, LLC as part of Franklin Templeton ETF Trust, FLMX holds around 37 securities with a weighted average market capitalization of $27.45 billion, price-to-earnings ratio of 13.15x, and price-to-book ratio of 1.95x, targeting investors seeking passive exposure to the Mexican equity market. The fund operates primarily in the United States but provides geographic focus on Mexico's public equity markets, with assets under management of approximately $61 million as of November 2025. In recent developments, Franklin Templeton, the issuer of FLMX, has pursued strategic expansions including a multi-year partnership with Wand AI announced in November 2025 to advance agentic AI in asset management; completion of the acquisition of Apera Asset Management in October 2025; and a strategic alliance with Copenhagen Infrastructure Partners, DigitalBridge, and Actis in September 2025 to broaden infrastructure solutions for private wealth, alongside partnerships like Binance for digital assets initiatives in August 2025. The firm has also launched several new ETFs such as the Franklin Solana ETF (SOEZ) in December 2025, Franklin XRP ETF (XRPZ) in November 2025, and expansions to its digital asset ETP suite including the Franklin Crypto Index ETF in February 2025. No specific changes, liquidations, or restructurings directly affecting FLMX have been announced in the past 1-2 years, with the fund maintaining stable operations and indexing approach under Franklin Templeton's broader growth in active and thematic ETF strategies.