FLBR icon

Franklin FTSE Brazil ETF

14.55 USD
-0.38
2.55%
At close Dec 20, 4:00 PM EST
1 day
-2.55%
5 days
-6.49%
1 month
-12.87%
3 months
-18.12%
6 months
-14.66%
Year to date
-29.27%
1 year
-28.33%
5 years
-49.05%
10 years
-41.14%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

10.55% less ownership

Funds ownership: 29.28% [Q2] → 18.73% (-10.55%) [Q3]

24% less funds holding

Funds holding: 38 [Q2] → 29 (-9) [Q3]

33% less capital invested

Capital invested by funds: $46.2M [Q2] → $31.1M (-$15.1M) [Q3]

38% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 13

69% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 13

Research analyst outlook

We haven’t received any recent analyst ratings for FLBR.

Financial journalist opinion

Negative
Seeking Alpha
2 weeks ago
FLBR: Skeptical Vision Comes True
Recommend holding Franklin FTSE Brazil ETF due to inflation exceeding targets and increasing complexity in Brazilian investments. The government's spending cut package fell short, raising skepticism about Brazil's public debt trajectory. The Brazilian stock market has reached extremely cheap levels, but with justification.
FLBR: Skeptical Vision Comes True
Negative
Seeking Alpha
3 months ago
FLBR: Skeptical View As Inflation Nears Target
I am downgrading my recommendation to hold the Franklin FTSE Brazil ETF due to deteriorating factors like the dollar and electricity prices in Brazil. Despite Brazilian assets being historically cheap, a new cycle of high interest rates will delay multiple expansions, making the risk/return unattractive. Potential risks include the Fed possibly cutting US interest rates, which could give Brazil's Central Bank room to maintain or cut rates later.
FLBR: Skeptical View As Inflation Nears Target
Positive
Seeking Alpha
5 months ago
FLBR: Exaggerated Pessimism Opens Up An Opportunity
FLBR: Exaggerated Pessimism Opens Up An Opportunity
FLBR: Exaggerated Pessimism Opens Up An Opportunity
Positive
Seeking Alpha
5 months ago
FLBR- Taking A Positive Stance Now
FLBR has delivered negative returns of 17% and underperformed emerging markets and global stocks in 2024. Despite the adverse performance so far, we are now prepared to turn more optimistic on FLBR as some key macro-economic variables are in a better place. Despite an unappealing payout in June, FLBR's yield of over 7.3% still looks very compelling.
FLBR- Taking A Positive Stance Now
Negative
Seeking Alpha
8 months ago
FLBR: Exceptional Value Threatened By Lula's Long Arm
FLBR offers a strong value profile with a high dividend yield (9.33% in 2023), trading at 1.5x book value and 8x earnings. However, there are concerns about Brazilian President Lula's interventionist policies towards key sectors like energy and materials. While Brazil's export-oriented economy could mitigate domestic macroeconomic risks, the volatility of commodities and potential boom-and-bust cycles, along with political risks, temper the attractiveness of FLBR.
FLBR: Exceptional Value Threatened By Lula's Long Arm
Positive
Seeking Alpha
9 months ago
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
Positive
Seeking Alpha
10 months ago
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included.
Negative
Seeking Alpha
10 months ago
FLBR: Wait On The Sidelines
The Franklin FTSE Brazil ETF offers low-cost access to mid-and-large-cap Brazilian stocks. We touch upon a few differing characteristics of FLBR in relation to its largest peer- EWZ. Brazilian macros may not be as resilient as they've been through FY23, and compared to the other BRICS, the drop-off in GDP in 2024 will be the most pronounced.
FLBR: Wait On The Sidelines
Positive
Kiplinger
10 months ago
How to Find the Best Emerging Market Stocks
Emerging market stocks often get overlooked, but adding them to your portfolio allows for diversification and potentially big returns. Just tread lightly.
Neutral
Seeking Alpha
1 year ago
FLBR: Mixed Indicators, Cheap Brazilian Equities, Opportunities Ahead
Franklin FTSE Brazil closely mirrors the performance of the FTSE Brazil Capped Index, making it an attractive option for investors seeking RIC concentration requirements. FLBR is concentrated in the finance, energy minerals, and non-energy minerals sectors, with notable holdings in major Brazilian banks and companies like Vale and Petrobras. Macroeconomic indicators, fiscal concerns, tax revenue trends, and commodity prices shape FLBR's future outlook, prompting cautious optimism amid risks.
FLBR: Mixed Indicators, Cheap Brazilian Equities, Opportunities Ahead
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