TORONTO, April 9, 2018
/CNW/ - Franklin Templeton Investments Canada today announced a
management fee reduction for Franklin Liberty Canadian Investment
Grade Corporate ETF (FLCI) to provide Canadians with an actively
managed, investment grade corporate ETF at a lower cost. The
management fee of FLCI will be reduced to 0.35 per cent, effective
on May 1, 2018.
Risk Rating Changes
The risk ratings of Franklin LibertyQT Global Dividend Index ETF
(FLGD) and Franklin LibertyQT U.S. Equity Index ETF (FLUS) will be
changed.
Detailed in the table below, these changes are reflected in the
ETFs' annual prospectus renewal, which was filed on April 9, 2018.
|
Fund
Name
|
Ticker
|
2017
Risk Rating
|
2018
Risk Rating
|
|
Franklin LibertyQT
Global Dividend Index ETF
|
FLGD
|
Medium
|
Low to
Medium
|
|
Franklin LibertyQT
U.S. Equity Index ETF
|
FLUS
|
Medium
|
Low to
Medium
|
Risk Classification Methodology
A summary of the Canadian Securities Administrators' (CSA) Risk
Classification Methodology and the investment objectives and
strategies of each ETF can be found in the ETF's prospectus,
available at franklintempleton.ca. The methodology is also
available by calling 1-800-387-0830 or by sending an email to
service@franklintempleton.ca.
The risk rating for each ETF is reviewed at a minimum on an
annual basis, as well as when an ETF undergoes a material change.
These changes are a result of the annual review. No material
changes have been made to the investment objectives, strategies or
management of these ETFs.
About Franklin Templeton
Investments
Franklin Templeton Investments Corp. (known as Franklin Templeton
Investments Canada) is a subsidiary of Franklin Resources, Inc.
[NYSE:BEN]. Franklin Resources, Inc. is a global investment
management organization operating as Franklin Templeton
Investments, which provides global and domestic investment
management to retail, institutional and sovereign wealth clients in
over 170 countries. Through specialized teams, the company has
expertise across all asset classes – including equity, fixed
income, alternative and custom solutions. The company's more than
650 investment professionals are supported by its integrated,
worldwide team of risk management professionals and global trading
desk network. With offices in over 30 countries, the California-based company has 70 years of
investment experience and over US$744
billion (C$955 billion) in
assets under management as of February 28,
2018. For more information, please visit
franklintempleton.ca.
Connect with Franklin Templeton Investments Canada on Twitter,
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Bears blog featuring perspectives from Franklin Templeton investment professionals
around the world.
Commissions, management fees and expenses may all be associated
with investments in ETFs. Investors should carefully consider an
ETF's investment objectives and strategies, risks, fees and
expenses before investing. The prospectus and ETF facts contain
this and other information. Please read the prospectus and ETF
facts carefully before investing. ETFs trade like stocks, fluctuate
in market value and may trade at prices above or below the ETF's
net asset value. Brokerage commissions and ETF expenses will reduce
returns. Performance of an ETF may vary significantly from the
performance of an index, as a result of transaction costs, expenses
and other factors. ETFs are not guaranteed, their values change
frequently and past performance may not be repeated.
Copyright © 2018. Franklin Templeton Investments. All rights
reserved.
SOURCE Franklin Templeton Investments Corp.