TORONTO, May 16, 2024
/CNW/ - Franklin Templeton Canada announced a risk rating
change for Franklin Quotential Diversified Equity Portfolio that
will take effect today and be reflected in the fund's renewed fund
facts document. This change is the result of the firm's annual
renewal process and not the result of any alterations to the
investment objective, strategy or management of this fund.
Fund
Name
|
Current
Risk Rating
|
New
Risk Rating
|
Franklin Quotential
Diversified Equity Portfolio
|
Low to
Medium
|
Medium
|
Investment Risk Classification Methodology
The methodology used to determine the risk rating of each mutual
fund is based on the Canadian Securities Administrators' (CSA)
Investment Risk Classification Methodology. A summary of this
methodology and the investment objectives and strategies of each
fund can be found in the simplified prospectus. The methodology is
also available by contacting Franklin
Templeton Canada's client service team at 1-800-387-0830 or
service@franklintempleton.ca.
In accordance with the standardized Investment Risk
Classification Methodology mandated by the CSA, Franklin Templeton Canada reviews risk ratings
at least annually and at any time when it no longer deems a fund's
risk rating to be reasonable under the circumstances.
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. In Canada, the company's subsidiary is Franklin
Templeton Investments Corp., which operates as Franklin
Templeton Canada. 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
1,500 investment professionals, and offices in major financial
markets around the world, the California-based company has
over 75 years of investment experience and over US$1.6
trillion (over CDN$2.2 trillion)
in assets under management as of April 30, 2024. For more
information, please visit franklintempleton.ca and
connect with Franklin Templeton on X (formerly known
as Twitter), Facebook and LinkedIn, and read
the Beyond Bulls & Bears blog.
Commissions, trailing commissions, management fees, brokerage
fees and expenses may be associated with investments in mutual
funds and ETFs. Please read the prospectus and fund facts/ETF facts
document before investing. Mutual funds and ETFs are not
guaranteed. Their values change frequently. Past performance may
not be repeated.
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reserved.
SOURCE Franklin Templeton Investments Corp.