LVHD – Franklin U.S. Low Volatility Hi Div ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results of the QS Low Volatility High Dividend Index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility. The index is composed of stocks of U.S. companies across a wide range of market capitalizations, including the largest 3,000 U.S. stocks as determined by the Solactive U.S. Broad Market Index. The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose the index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	ETF	Open			Dec 28, 2015	$587.34M	0.270%	—	—	−$32.94M
LVHD	Franklin U.S. Low Volatility High Dividend Index ETF	ETF	Open	—		Dec 28, 2015	—	0.270%	—	—	—

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