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rarrarorro/iStock via Getty Images Franklin FTSE Brazil ETF (NYSEARCA:FLBR) is a fund designed to closely mirror the performance of the FTSE Brazil Capped Index, capturing approximately 85% of the free float-adjusted market capitalization of the Brazilian market before accounting for fees and expenses. The FTSE Brazil RIC Capped Index, which FLBR follows, is a market capitalization-weighted index crafted to meet Regulated Investment Companies (RIC) concentration requirements in the United States. This regulatory framework stipulates that no single constituent can represent more than 20% of the index, and the combined weights of all components exceeding 4.5% cannot surpass 48% of the…
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