$FLKR
Franklin FTSE South Korea ETF3/10Does he own it?
No first-person buying/holding/sizing language for FLKR. He presents it as an access vehicle he recommends to followers (especially Robinhood users) for Korean memory exposure. His own stated foreign-access method is IBKR plus direct names, suggesting FLKR is a suggestion for others, not a personal position.
His thesis
FLKR is framed as a convenient, low-cost ETF (cited 0.19% expense ratio) to gain exposure to Korean memory/foundry giants SK Hynix and Samsung Electronics, on which he is strongly bullish. He argues Korean memory names are deeply undervalued (forward P/E around 4-5x per Morgan Stanley) despite strong monthly gains, with significant repricing still ahead during the memory mega-cycle. FLKR (alongside EWY) is positioned as the access route for those lacking direct Korean market access.
How his view evolved
Consistently bullish across all three mentions. Starts as a heads-up access tool for the memory cycle, reiterated in a foreign-stock roundup as a Robinhood-friendly option, then reinforced with valuation data arguing Korean memory remains cheap.
Key points
- Recommended as a low-cost vehicle for SK Hynix/Samsung memory exposure
- Pitched mainly to followers lacking direct Korean market access (e.g. Robinhood)
- Bullish on underlying Korean memory names citing very low forward valuations
Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $FLKR on X ↗