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Franklin FTSE Asia ex Japan ETF
FLAX (Franklin FTSE Asia ex Japan ETF) is an index International Equity ETF by Franklin. With a 0.19% MER, it provides diversified exposure through 38 holdings. Semi-annual distribution with a 2.40% yield.
FLAX by Franklin is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.19% MER makes it one of the most cost-effective options in its category. It pays a semi-annual distribution with a 2.40% yield, making it attractive for income-seeking investors.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).