FLJP Fees and Costs — Franklin FTSE Japan ETF
Data updated: 2026-08-27
The net expense ratio is 0.09%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 5%.
FLJP Fees and Expenses
Annual operating expenses and sales charges of FLJP. Prospectus, as of March 31, 2026.
| 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 |
FLJP Costs Over Time
On $10,000 invested in FLJP, assuming 5% a year before costs, total costs come to $57 over 5 years, cutting the return by 0.09% 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) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $31 | $57 |
| Value after costs | $10,491 | $11,545 | $12,705 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
FLJP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 5%
- Securities on loan, average value: $3.6M
- Net income from securities lending: $26K (0.001% of average net assets)
FLJP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2K | 32.20% |
| MORGAN STANLEY & CO. LLC | $1K | 20.77% |
| CitiGroup Global Markets Inc. | $955 | 18.77% |
| GOLDMAN SACHS & CO. LLC | $910 | 17.89% |
| UBS SECURITIES LLC | $259 | 5.10% |
| BARCLAYS CAPITAL, INC. | $208 | 4.09% |
| MACQUARIE CAPITAL (USA), INC. | $38 | 0.75% |
| RBC CAPITAL MARKETS, LLC | $22 | 0.43% |
FLJP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $619.9M | 38.88% |
| J.P. Morgan Securities LLC | $290.3M | 18.21% |
| BOFA SECURITIES, INC. | $250.6M | 15.71% |
| CitiGroup Global Markets Inc. | $215.5M | 13.51% |
| Macquarie Capital (USA) Inc. | $179.6M | 11.27% |
| GOLDMAN SACHS & CO. LLC | $38.6M | 2.42% |
| STATE STREET GLOBAL MARKETS, LLC | $11K | 0.00% |
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.