TORONTO, Nov. 4, 2019 /CNW/ - Franklin Templeton Canada today announced the
November 2019 cash distributions and
the estimated annual reinvested distributions for Franklin
LibertyShares® ETFs.
November 2019 Cash
Distributions
As detailed in the table below, unitholders of record as of
November 12, 2019 will receive a
per-unit cash distribution payable on November 19,
2019.
|
Fund
Name
|
Ticker
|
Type
|
Cash
Distribution
Per Unit ($)
|
Payment
Frequency
|
|
Franklin Liberty
Canadian Investment Grade Corporate ETF
|
FLCI
|
Active
|
0.065000
|
Monthly
|
|
Franklin Liberty Core
Plus Bond ETF
|
FLCP
|
Active
|
0.056000
|
Monthly
|
|
Franklin Liberty
Global Aggregate Bond ETF (CAD-Hedged)
|
FLGA
|
Active
|
0.047673
|
Monthly
|
|
Franklin LibertyQT
Global Dividend Index ETF
|
FLGD
|
Smart Beta
|
0.045000
|
Monthly
|
|
Franklin Liberty
Short Duration Bond ETF
|
FLSD
|
Active
|
0.036000
|
Monthly
|
|
Franklin Liberty
Senior Loan ETF (CAD-Hedged)
|
FLSL
|
Active
|
0.068325
|
Monthly
|
|
Franklin Liberty U.S.
Investment Grade Corporate ETF (CAD-Hedged)
|
FLUI
|
Active
|
0.038433
|
Monthly
|
Estimated Annual Reinvested Distributions
Unitholders of record on December 31,
2019 will receive a per-unit reinvested distribution payable
on January 8, 2020. These annual
reinvested distributions, detailed in the chart below, are
estimates only as of September 30,
2019. The final year-end distribution amounts will be
announced on December 18, 2019.
|
Fund
Name
|
Ticker
|
Type
|
Estimated
Annual
Reinvested
Distribution
Per Unit ($)
|
|
Franklin FTSE U.S.
Index ETF
|
FLAM
|
Passive
|
0.00
|
|
Franklin Liberty Core
Balanced ETF
|
FLBA
|
Active
|
0.24
|
|
Franklin FTSE Canada
All Cap Index ETF
|
FLCD
|
Passive
|
0.00
|
|
Franklin Liberty
Canadian Investment Grade Corporate ETF
|
FLCI
|
Active
|
0.00
|
|
Franklin Liberty Core
Plus Bond ETF
|
FLCP
|
Active
|
0.00
|
|
Franklin LibertyQT
International Equity Index ETF
|
FLDM
|
Smart Beta
|
0.00
|
|
Franklin LibertyQT
Emerging Markets Index ETF
|
FLEM
|
Smart Beta
|
0.00
|
|
Franklin Liberty
Global Aggregate Bond ETF (CAD-Hedged)
|
FLGA
|
Active
|
0.20
|
|
Franklin LibertyQT
Global Dividend Index ETF
|
FLGD
|
Smart Beta
|
0.13
|
|
Franklin FTSE Japan
Index ETF
|
FLJA
|
Passive
|
0.00
|
|
Franklin Liberty Risk
Managed Canadian Equity ETF
|
FLRM
|
Active
|
0.00
|
|
Franklin Liberty
Short Duration Bond ETF
|
FLSD
|
Active
|
0.00
|
|
Franklin Liberty
Senior Loan ETF (CAD-Hedged)
|
FLSL
|
Active
|
0.00
|
|
Franklin Liberty U.S.
Investment Grade Corporate ETF (CAD-Hedged)
|
FLUI
|
Active
|
0.00
|
|
Franklin FTSE Europe
ex U.K. Index ETF
|
FLUR
|
Passive
|
0.17
|
|
Franklin LibertyQT
U.S. Equity Index ETF
|
FLUS
|
Smart Beta
|
0.22
|
The annual reinvested distributions, as applicable, will not be
paid in cash but reinvested in additional units and reported as
taxable distributions, with a corresponding increase in each
unitholder's adjusted cost base of their units of the respective
ETF. The additional ETF units will be immediately consolidated so
that the number of units held by the unitholder, the outstanding
units and the net asset value of the ETFs will not change as a
result of the annual reinvested distribution. The annual reinvested
distributions, as applicable, are expected to be capital gains in
nature for each of the ETFs.
The actual taxable amounts of cash and reinvested distributions
for 2019, including the tax characteristics of the distributions,
will be reported to brokers through CDS Clearing and Depository
Services Inc. in early 2020.
Franklin LibertyShares, the firm's global ETF platform, enables
investors to pursue their desired outcomes through a range of
active, smart beta and passive ETFs. Franklin LibertyShares'
passive ETFs are market cap-weighted and benchmarked to country or
regional indices from FTSE Russell. For more information on
Franklin LibertyShares ETFs, please visit
franklintempleton.ca/etf.
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$692 billion (over C$917 billion) in assets under management as of
September 30, 2019. For more
information, please visit franklintempleton.ca.
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.
Forward-looking statements involve risks and uncertainties that
could cause the actual distributions to differ materially from
those contemplated by the forward-looking statements.
Copyright © 2019. Franklin Templeton. All rights
reserved.
SOURCE Franklin Templeton Investments Corp.