There was no change to the Franklin International Rotation Model this week, so we look at the Franklin FTSE Latin America ETF (FLLA).
There was no change to the Franklin International Rotation Model this week.
Emerging markets continue to be a point of emphasis within international equities, with the Emerging Markets Diversified group rankings third on the Asset Class Group Scores page, carrying a strong average score of 4.98. However, Latin America has been arguably the strongest area within emerging markets, sitting at the very top of ACGS with an average score of 5.31. Those looking to add Latin American exposure could look towards the Franklin FTSE Latin America ETF (FLLA), which holds a near-perfect fund score of 5.68. The fund is on a streak of five consecutive buy signals, with it trading in a positive trend dating back to April of last year. FLLA also displays both near-term and long-term relative strength against domestic equities, sitting on an RS buy signal and column of Xs versus the S&P 500 Equal Weight (SPXEWI). The fund also has an extremely strong yield of 5.24%.
