FLLA Fees and Costs — Franklin FTSE Latin America ETF
Data updated: 2026-08-27
The net expense ratio is 0.19%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $14K in broker commissions, 0.0300% of average net assets, and portfolio turnover was 12%.
FLLA Fees and Expenses
Annual operating expenses and sales charges of FLLA. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.19% |
| Fee waiver | — |
| Net expense ratio | 0.19% |
| 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 |
FLLA Costs Over Time
On $10,000 invested in FLLA, assuming 5% a year before costs, total costs come to $140 over 5 years, cutting the return by 0.23% 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 0.19%) | $20 | $63 | $110 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $76 | $140 |
| Value after costs | $10,477 | $11,500 | $12,623 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
FLLA 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): 0.0300%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $15.3M
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $19K
- Net income from securities lending: $650 (0.001% of average net assets)
FLLA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $12K | 84.44% |
| UBS SECURITIES LLC | $1K | 10.18% |
| MORGAN STANLEY & CO. LLC | $415 | 2.93% |
| CitiGroup Global Markets Inc. | $131 | 0.93% |
| GOLDMAN SACHS & CO. LLC | $107 | 0.75% |
| SANFORD C. BERNSTEIN & CO., LLC | $59 | 0.42% |
| BOFA SECURITIES, INC. | $30 | 0.21% |
| INSTINET LLC | $19 | 0.14% |
| CREDICORP CAPITAL LLC | $1 | 0.01% |
FLLA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $15.3M | 100.00% |
| STATE STREET GLOBAL MARKETS, LLC | $581 | 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.