Franklin FTSE Europe ETF(AMEX:FLEE)

FLEE provides representative equity exposure to developed European countries. The underlying index is a subset of the FTSE Global RIC Capped Index, a total market index that tracks approximately 99% of the worlds market capitalization. The fund aims to meet the Regulated Investment Company (RIC) requirements by employing a capping methodology quarterly so that no individual constituent has a weight greater than 20% and the aggregate weight of contituents with over 4.5% weight in the index are capped at 48% weight of the portfolio. The index is market-cap weighted, and reviewed semi-annually every March and September.