# Franklin FTSE China UCITS ETF USD (FRCH) **Page:** https://fundology.uk/fund/frch · ISIN IE00BHZRR147 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, FRCH (Franklin FTSE China UCITS ETF USD, ISIN IE00BHZRR147) closed at £20.32 on the London Stock Exchange. Its ongoing charge is 0.19% a year (about £19 on £10,000). Over the five years to 13/11/2026 its total return was −17.4%, or −35.5% after UK CPIH inflation. ## Summary Franklin FTSE China UCITS ETF USD is an exchange-traded fund (ETF) from Franklin, launched in 2019. It tracks the FTSE China 30/18 Capped Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.19% a year — about £19 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£20.32** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FRCH | | ISIN | IE00BHZRR147 | | Also listed as | FLXC (London Stock Exchange, US dollars) | | Category | Emerging markets | | Type | ETF | | Provider | Franklin | | Tracks | FTSE China 30/18 Capped Index | | Income | Accumulating | | Ongoing charge | 0.19% a year (£19 per £10,000) | | Fund size | £1.0bn | | Launched | 2019 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/07/2018 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -21.32% | -24.10% | income reinvested | | 3 years | +21.40% | +9.69% | income reinvested | | 5 years | -17.36% | -35.49% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Franklin FTSE China UCITS ETF USD in pounds (price, with income reinvested in the fund): 2022 −13.8%, 2023 −17.5%, 2024 +20.6%, 2025 +26.9%; 2026 to 13/11/2026 −17.9%. Returns of Franklin FTSE China UCITS ETF USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −18.4%; to 30/09/2025: +36.0%; to 30/09/2024: +9.4%; to 30/09/2023: −6.1%; to 30/09/2022: −20.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -13.8% | -21.1% | Price | | 2023 | -17.5% | -20.7% | Price | | 2024 | +20.6% | +16.5% | Price | | 2025 | +26.9% | +22.6% | Price | | 2026 to 13/11/2026 | -17.9% | -20.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 16.57% | -23.01% | | 3 years | 23.65% | -23.87% | | 5 years | 25.79% | -42.00% | ## Largest fall Volatility of Franklin FTSE China UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 16.6% over 1 year, 23.7% over 3 years, 25.8% over 5 years. Largest fall in the price of Franklin FTSE China UCITS ETF USD since November 2021, in pounds: −40.3% from 19/11/2021 to 02/02/2024. The lowest 12-month return of Franklin FTSE China UCITS ETF USD in pounds (price, with income reinvested in the fund) since January 2021 was −37.0% (12 months to 28/10/2022); the highest was +57.8% (12 months to 12/09/2025). On 13/11/2026 the price of Franklin FTSE China UCITS ETF USD was 22.5% below its highest weekly close since November 2021 (03/10/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Franklin FTSE China UCITS ETF USD 0.19% a year. Compared on 14/11/2026, 115 of the 151 other emerging-market share funds charge more, 8 the same and 28 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.19%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of FRCH?** The ongoing charge of FRCH is 0.19% a year — about £19 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Franklin FTSE China UCITS ETF USD 0.19% a year. Compared on 14/11/2026, 115 of the 151 other emerging-market share funds charge more, 8 the same and 28 less (share classes counted once). **What does FRCH track?** FRCH tracks the FTSE China 30/18 Capped Index. **Is FRCH accumulating or distributing?** FRCH is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of FRCH?** The ISIN of FRCH is IE00BHZRR147. An ISIN identifies one exact share class of a fund; FRCH is its ticker on the London Stock Exchange. The same share class is also listed as FLXC (London Stock Exchange, US dollars). **What were FRCH’s returns in each of the last five years?** Calendar-year returns of FRCH in pounds (price, with income reinvested in the fund): 2022 −13.8%, 2023 −17.5%, 2024 +20.6%, 2025 +26.9%; 2026 to 13/11/2026 −17.9%. Past performance is not a guide to future returns. **How has FRCH done after inflation?** Over the five years to 13/11/2026 FRCH’s total return was −17.4%, or −35.5% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.