TORONTO, March 4, 2021 /CNW/ - Franklin Templeton
Canada today announced a commission-based series addition and a
lower investment minimum for a series of its Private Wealth
Pools to provide greater accessibility for Canadian
investors.
In addition, the firm will mark the completion of its previously
announced plans to change the listing venue for four regional
and country ETFs to the NEO Exchange, with Franklin Templeton employees virtually ringing
the opening bell today. March ETF cash distributions for certain
ETFs have also been announced.
Series addition and changes for Private Wealth Pools
Franklin Templeton's Private
Wealth Pools are now available in series A with preferred pricing
and an investment minimum of $100,000. Also, the investment minimum for series
O has been reduced to $100,000, and
series PF was renamed as series F. Series F will retain its
preferred pricing. The Private Wealth Pools, which provide
strategic asset allocation based on long-term capital market
expectations, include:
- FT Balanced Income Private Wealth Pool
- FT Balanced Growth Private Wealth Pool
- FT Growth Private Wealth Pool
Certain ETFs migrated to NEO Exchange
At the opening bell today, March 4,
2021, the following ETFs will be listed and only available
for trading on the NEO Exchange:
- Franklin FTSE U.S. Index ETF (FLAM)
- Franklin FTSE Canada All Cap Index ETF (FLCD)
- Franklin FTSE Japan Index ETF (FLJA)
- Franklin FTSE Europe ex U.K. Index ETF (FLUR)
These ETFs were voluntarily delisted from the Toronto Stock
Exchange (TSX) at market close yesterday, March 3, 2021.
March ETF cash distributions
As detailed in the table below, unitholders of record as of
March 12, 2021 will receive a
per-unit cash distribution payable on March
19, 2021.
Fund
Name
|
Ticker
|
Type
|
Cash
Distribution
Per Unit ($)
|
Payment
Frequency
|
Franklin FTSE U.S.
Index ETF
|
FLAM
|
Passive
|
0.071197
|
Quarterly
|
Franklin Liberty Core
Balanced ETF
|
FLBA
|
Active
|
0.120247
|
Quarterly
|
Franklin FTSE Canada
All Cap Index ETF
|
FLCD
|
Passive
|
0.176643
|
Quarterly
|
Franklin Liberty
Canadian Investment Grade Corporate ETF
|
FLCI
|
Active
|
0.055000
|
Monthly
|
Franklin Liberty Core
Plus Bond ETF
|
FLCP
|
Active
|
0.040000
|
Monthly
|
Franklin Liberty
Global Aggregate Bond ETF (CAD-Hedged)
|
FLGA
|
Active
|
0.053639
|
Monthly
|
Franklin LibertyQT
Global Dividend Index ETF
|
FLGD
|
Smart Beta
|
0.050000
|
Monthly
|
Franklin Liberty Risk
Managed Canadian Equity ETF
|
FLRM
|
Active
|
0.227264
|
Quarterly
|
Franklin Liberty
Short Duration Bond ETF
|
FLSD
|
Active
|
0.030000
|
Monthly
|
Franklin Liberty U.S.
Investment Grade Corporate ETF (CAD-Hedged)
|
FLUI
|
Active
|
0.092109
|
Monthly
|
Franklin LibertyQT
U.S. Equity Index ETF
|
FLUS
|
Smart Beta
|
0.082035
|
Quarterly
|
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.
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 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 CA$1.9 trillion)
in assets under management as of January 31,
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.