Franklin Templeton Announces Reorganization of ClearBridge All Cap Growth ESG ETF (CACG) into ClearBridge Large Cap Growth ESG ETF (LRGE)
04 Março 2024 - 11:00AM
Business Wire
Franklin Templeton today announced the reorganization of
ClearBridge All Cap Growth ESG ETF (CACG) into ClearBridge Large
Cap Growth ESG ETF (LRGE). This reorganization is expected to be
completed on or around June 14, 2024.
The reorganization of CACG into LRGE includes the transfer of
substantially all of CACG’s assets, net of any liabilities, to LRGE
in exchange for shares of LRGE. Shares of LRGE will be distributed
to current shareholders of CACG, and cash will be distributed in
lieu of fractional shares, if applicable.
The reorganization of CACG into LRGE was approved by each of the
funds’ board of trustees on February 29, 2024, and does not require
the approval of shareholders.
In the second quarter of 2024, it is expected that shareholders
of CACG will receive a Combined Prospectus/Information Statement
with details on the reorganization.
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization with subsidiaries operating as Franklin
Templeton and serving clients in over 150 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes
through investment management expertise, wealth management and
technology solutions. Through its specialist investment managers,
the company offers specialization on a global scale, bringing
extensive capabilities in fixed income, equity, alternatives and
multi-asset solutions. With more than 1,400 investment
professionals, and offices in major financial markets around the
world, the California-based company has over 75 years of investment
experience and approximately $1.6 trillion in assets under
management as of January 31, 2024. For more information, please
visit franklintempleton.com and follow us on LinkedIn, Twitter and
Facebook.
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principal. Equity securities are subject to price fluctuation
and possible loss of principal. Large-capitalization
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These and other risks are discussed in the fund’s prospectus.
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available, at www.franklintempleton.com. Please read
it carefully.
Franklin Distributors, LLC. Member FINRA/SIPC. ClearBridge
Investments, LLC, and Franklin Distributors, LLC, are Franklin
Templeton affiliated companies.
Copyright © 2024. Franklin Templeton. All rights reserved.
TN24-13
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version on businesswire.com: https://www.businesswire.com/news/home/20240304992269/en/
Franklin Templeton Corporate Communications: Vanessa Garcia,
(917) 562-5151, vanessa.garcia@franklintempleton.com
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