TORONTO, April 5, 2019 /CNW/ - Franklin Templeton Canada today announced a
reduction to the risk ratings of certain Franklin
LibertyShares® ETFs.
Detailed in the table below, these risk rating reductions will
be reflected in the ETF's annual prospectus renewal, which is
expected to be filed on April 5,
2019.
|
Fund Name
|
Ticker
|
2018 Risk
Rating
|
2019 Risk
Rating
|
|
Franklin Liberty Core
Balanced ETF
|
FLBA
|
Low to
medium
|
Low
|
|
Franklin LibertyQT
International Equity Index ETF
|
FLDM
|
Medium
|
Low to
medium
|
|
Franklin Liberty Risk
Managed Canadian Equity ETF
|
FLRM
|
Medium
|
Low to
medium
|
|
Franklin Liberty
Senior Loan ETF (CAD-Hedged)
|
FLSL
|
Low to
medium
|
Low
|
Franklin LibertyShares, Franklin
Templeton's global ETF platform, enables investors to build
portfolios aligned to their goals with a range of active,
smart beta and passive ETFs. Franklin LibertyShares has more than
US$3.5 billion in assets under
management globally as of March 31,
2019 and is supported by the strength and resources of one
of the world's largest asset managers.
Risk Classification Methodology
The methodology used
to determine the risk rating of each fund is based on the CSA's
Risk Classification methodology. A summary of this methodology and
the investment objectives and strategies of each ETF can be found
in the ETF's prospectus, which will become available on or around
April 5, 2019. The methodology is
also available by contacting our client service team at
1-800-387-0830 or 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 the result of an annual review. No material
changes have been made to the investment objectives, strategies or
management of these ETFs.
About Franklin
Templeton
Franklin
Templeton Investments Corp. (known as Franklin Templeton Canada) is a subsidiary of
Franklin Resources, Inc. [NYSE:BEN], a global investment management
organization operating as Franklin
Templeton. Franklin Templeton's goal is to deliver
better outcomes by providing 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,
alternatives and custom multi-asset solutions. The company's more
than 600 investment professionals are supported by its integrated,
worldwide team of risk management professionals and global trading
desk network. With employees in over 30 countries, the
California-based company has more
than 70 years of investment experience and over US$714 billion (over C$939
billion) in assets under management as of February 28, 2019. For more information,
please visit franklintempleton.ca.
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reserved.
SOURCE Franklin Templeton Investments Corp.