There was no change to the Franklin International Rotation Model this week, so we look at the Franklin FTSE Canada ETF (FLCA).
There was no change to the Franklin International Rotation Model this week.
International equities continue to be a point of strength within portfolios, with the asset class still sitting at the top of DALI's rankings. Those needing more exposure, especially within developed markets, could look to Candian equities. The Franklin FTSE Canada ETF (FLCA) has been a holding within the Franklin model since 2021, highlighting its consistency as one of the strongest areas of the international market. FLCA holds a fund score of 5.36, which is 0.86 points higher than the average non-us equity. Despite moving to a sell signal in March, the stock has rallied back into a column of Xs, while it has traded in a positive trend for over a year. The fund also displays relative strength versus domestic equities, sitting in a column of Xs and an RS buy signal versus the S&P 500 equal weight index (SPXEWI). Those looking to add the fund could do so here given that it trades in actionable territory near the middle of its ten-week trading band.
