FLHK Fees and Costs — Franklin FTSE Hong Kong ETF
Data updated: 2025-08-26
The net expense ratio is 0.09%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0228% of average net assets, and portfolio turnover was 7%.
FLHK Fees and Expenses
Annual operating expenses and sales charges of FLHK. Prospectus, as of March 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FLHK Costs Over Time
On $10,000 invested in FLHK, assuming 5% a year before costs, total costs come to $72 over 5 years, cutting the return by 0.12% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $12 | $39 | $72 |
| Value after costs | $10,488 | $11,537 | $12,691 |
| Impact on return, per year | 0.12% | 0.12% | 0.12% |
FLHK Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0228%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $3.0M
- Portfolio turnover (prospectus): 7%
- Securities lending: none during the year
FLHK Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3K | 99.31% |
| Citigroup Global Markets Inc. | $10 | 0.35% |
| Morgan Stanley & Co. LLC | $6 | 0.20% |
| BofA Securities, Inc. | $2 | 0.09% |
| UBS Securities LLC | $2 | 0.05% |
FLHK Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.4M | 81.61% |
| UBS Securities LLC | $548K | 18.39% |
| State Street Bank and Trust Company | $165 | 0.01% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.