FLCH ETF: Surging Chinese Stocks Could Drive More Upside Ahead
Chinese stocks are surging after China announced a new stimulus plan, and the China-focused Franklin FTSE China ETF (FLCH) could have plenty of upside ahead. We were positive on FLCH earlier this year and the ETF has performed well since then, but I continue to believe there is more upside ahead. I’m bullish on FLCH based on the newly unveiled stimulus for the Chinese market, the modest valuation of its holdings, its diversification, and its low fees. What is the FLCH’s Strategy? According to Fr