FLSA Fees and Costs — Franklin FTSE Saudi Arabia ETF
Data updated: 2026-08-27
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $32K in broker commissions, 0.1931% of average net assets, and portfolio turnover was 60%.
FLSA Fees and Expenses
Annual operating expenses and sales charges of FLSA. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| 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 |
FLSA Costs Over Time
On $10,000 invested in FLSA, assuming 5% a year before costs, total costs come to $368 over 5 years, cutting the return by 0.61% 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 0.39%) | $41 | $128 | $224 |
| Trading costs (broker commissions) | $20 | $64 | $111 |
| Lost growth on money paid in costs | $0 | $9 | $34 |
| Total costs | $61 | $201 | $368 |
| Value after costs | $10,439 | $11,375 | $12,395 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
FLSA 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): 0.1931%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $905K
- Portfolio turnover (prospectus): 60%
- Securities lending: none during the year
FLSA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $21K | 65.25% |
| J.P. Morgan Securities LLC | $11K | 34.18% |
| CitiGroup Global Markets Inc. | $113 | 0.35% |
| MORGAN STANLEY & CO. LLC | $70 | 0.22% |
FLSA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $905K | 99.98% |
| STATE STREET GLOBAL MARKETS, LLC | $158 | 0.02% |
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.