UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
FLGB
FLGB NYSE
Franklin FTSE United Kingdom ETF · by Franklin Templeton
Price
£37.47
YTD return
+8.20%
1Y return
12.50%
Expense ratio
0.09%
Dividend yield
3.50%
AUM
$280M
FLGB offers ultra-low-cost exposure to UK equities at just 0.09% expense ratio. The fund tracks the FTSE UK Capped Index, providing broad coverage of the UK market including globally diversified multinationals.
FLGB: Low-Cost UK Market Access
Franklin FTSE United Kingdom ETF provides the most cost-efficient route to UK equity exposure. At 0.09% expense ratio, it significantly undercuts EWU and other UK-focused funds while providing comprehensive market coverage.
UK Market Characteristics
The UK stock market is uniquely global in nature - FTSE 100 companies derive approximately 75% of their revenues from outside the UK. This means UK ETFs provide more global exposure than might be expected. Major sectors include energy (Shell, BP), financials (HSBC, Barclays), consumer staples (Unilever, Diageo), and mining (Rio Tinto, BHP).
Dividend Strength
UK equities are known for their strong dividend culture, with the FTSE 100 typically yielding 3.5-4.5%. Companies like Shell, AstraZeneca, and HSBC are among the world's largest dividend payers. This income focus makes UK ETFs attractive for income-oriented investors.
Post-Brexit Dynamics
The UK's departure from the EU has created both challenges and opportunities for UK companies. The weaker pound has boosted earnings of internationally-focused companies (translated back to GBP), while domestic-focused companies face headwinds from trade friction and reduced immigration. FLGB's broad market approach captures both dynamics.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Shell PLC | SHEL | Energy | 8.50% | $92.33 -0.51% |
| 2 | AstraZeneca | AZN | Healthcare | 7.80% | $164.77 1.94% |
| 3 | HSBC Holdings | HSBC | Financials | 5.20% | $106.46 1.45% |
| 4 | Unilever | UL | Consumer Staples | 4.50% | $64.24 -0.51% |
| 5 | BP PLC | BP | Energy | 3.80% | p539.70 -0.30% |
Frequently asked questions
Why choose FLGB over EWU?
FLGB charges 0.09% vs EWU's 0.50%. Both provide similar UK equity exposure, but FLGB offers significant cost savings.
Is the UK market a good investment?
UK equities trade at historically low valuations relative to US stocks, and offer attractive dividend yields. The globally diversified revenue base of UK companies also provides natural hedging benefits.
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Community
FLGB discussion
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