On the 28th of January, Southey Capital launched a voluntary tender offer for the units of the Franklin Templeton FLRU fund units.
Offer document
Acceptance
Disclaimer
If you would like to contact Southey Capital on this investment please message us via email or the below:
Telegram: https://t.me/us35473p7289
WhatsApp
The Franklin FTSE Russia ETF, with ISIN US35473P7289 and ticker FLRU, was an exchange-traded fund designed to track the performance of the FTSE Russia RIC Capped Index, providing investors with exposure to large- and mid-cap Russian equities.
Key Events:
- March 2022: Following geopolitical tensions and the imposition of international sanctions on Russia, trading of Russian securities faced significant restrictions. Consequently, FLRU’s underlying assets became illiquid, impairing the fund’s ability to achieve its investment objective.
- April 11, 2022: The ETF ceased trading on the NYSE Arca exchange. CBonds
- December 27, 2022: FLRU was officially delisted from the NYSE Arca. ETF.com
As of January 2025, the ETF remains inactive, with no recent updates on its status.
Fund Cell | ISIN | CUSIP | Ticker |
n.a. | US35473P7289 | 35473P728 | FLRU |
Fund Manger link