TORONTO, April 6, 2021 /CNW/ - Franklin Templeton Canada today announced risk
rating changes for certain ETFs available to Canadian
investors.
The risk rating changes detailed in the table below will be
reflected in the ETFs' annual prospectus renewal, which is being
filed today, April 6, 2021.
These changes are not the result of any alterations to
the investment objectives, strategies or management of the
ETFs.
Fund
Name
|
Ticker
|
Current Risk
Rating
|
New Risk
Rating
|
Franklin FTSE U.S.
Index ETF
|
FLAM
|
Medium
|
Low to
medium
|
Franklin FTSE Canada
All Cap Index ETF
|
FLCD
|
Low to
medium
|
Medium
|
Franklin LibertyQT
International Equity Index ETF
|
FLDM
|
Low to
medium
|
Medium
|
Franklin FTSE Europe
ex U.K. Index ETF
|
FLUR
|
Medium to
high
|
Medium
|
Franklin Templeton's diverse and
innovative ETF platform was built to provide better client outcomes
for a range of market conditions and investment opportunities. The
product suite offers active, smart beta and passive ETFs that span
multiple asset classes and geographies. For more information,
please visit franklintempleton.ca/etf.
Risk Classification Methodology
The methodology used
to determine the risk rating of each ETF 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 prospectus, which will be available on or around April 6, 2021. 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
Risk Classification Methodology mandated by the CSA, Franklin
Templeton Canada reviews risk ratings annually, at a minimum,
as well as when an ETF undergoes a material change.
About Franklin
Templeton
Franklin Templeton Investments Corp. (also
known as Franklin Templeton Canada)
is a subsidiary of Franklin Resources, Inc. [NYSE:BEN], a global
investment management organization with subsidiaries operating as
Franklin Templeton and serving
clients in over 165 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 brings extensive capabilities in equity,
fixed income, multi-asset solutions and alternatives. With offices
in more than 30 countries and approximately 1,300 investment
professionals, the California-based company has over 70 years of
investment experience and approximately US$1.5 trillion (approximately CAN$1.9 trillion)
in assets under management as of February
28, 2021. For more information, please visit
franklintempleton.ca and connect with Franklin Templeton on Twitter, Facebook and
LinkedIn, and read the Beyond Bulls & Bears blog.
Commissions, management fees and expenses all may 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. ETFs are not guaranteed, their values
change frequently, and past performance may not be
repeated.
Copyright © 2021. Franklin Templeton. All rights
reserved.
SOURCE Franklin Templeton Investments Corp.