TORONTO, Nov. 5, 2020 /CNW/ - Franklin Templeton
Canada today announced the November
2020 cash distributions and the estimated annual reinvested
distributions for Franklin LibertyShares® ETFs.
November 2020 Cash
Distributions
As detailed in the table below, unitholders of record as of
November 13, 2020 will receive a
per-unit cash distribution payable on November 20, 2020.
|
Fund
Name
|
Ticker
|
Type
|
Cash
Distribution
Per Unit ($)
|
Payment
Frequency
|
|
Franklin Liberty
Canadian Investment Grade Corporate ETF
|
FLCI
|
Active
|
0.055000
|
Monthly
|
|
Franklin Liberty Core
Plus Bond ETF
|
FLCP
|
Active
|
0.040000
|
Monthly
|
|
Franklin Liberty
Global Aggregate Bond ETF (CAD-Hedged)
|
FLGA
|
Active
|
0.045142
|
Monthly
|
|
Franklin LibertyQT
Global Dividend Index ETF
|
FLGD
|
Smart Beta
|
0.045000
|
Monthly
|
|
Franklin Liberty
Short Duration Bond ETF
|
FLSD
|
Active
|
0.036000
|
Monthly
|
|
Franklin Liberty U.S.
Investment Grade Corporate ETF (CAD-Hedged)
|
FLUI
|
Active
|
0.056552
|
Monthly
|
Estimated Annual Reinvested Distributions
Unitholders of record on December 31, 2020 will
receive a per-unit reinvested distribution payable on January
8, 2021. These annual reinvested distributions, detailed in the
chart below, are estimates only as of September 30, 2020. The
final year-end distribution amounts will be announced
on December 21, 2020.
|
Fund
Name
|
Ticker
|
Type
|
Estimated
Annual
Reinvested Distribution
Per Unit ($)
|
|
Franklin Global
Growth Active ETF
|
FGGE
|
Active
|
0.00
|
|
Franklin FTSE U.S.
Index ETF
|
FLAM
|
Passive
|
0.00
|
|
Franklin Liberty Core
Balanced ETF
|
FLBA
|
Active
|
0.48
|
|
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
|
0.02
|
|
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
|
0.00
|
|
Franklin LibertyQT
Global Dividend Index ETF
|
FLGD
|
Smart Beta
|
0.00
|
|
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 U.S.
Investment Grade Corporate ETF (CAD-Hedged)
|
FLUI
|
Active
|
0.00
|
|
Franklin FTSE Europe
ex U.K. Index ETF
|
FLUR
|
Passive
|
0.00
|
|
Franklin LibertyQT
U.S. Equity Index ETF
|
FLUS
|
Smart Beta
|
0.00
|
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 2020, including the tax characteristics of the distributions,
will be reported to brokers through CDS Clearing and Depository
Services Inc. in early 2021.
Franklin Templeton's ETF platform
is designed to seek better client outcomes through a diverse and
innovative product suite offered across asset classes and
geographies. Over 90 ETFs are offered globally, providing solutions
for a range of market conditions and investment opportunities
through active, smart beta and passively managed ETFs. Franklin
LibertyShares' passive ETFs are market cap-weighted and benchmarked
to country or regional indices from FTSE Russell. 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, alternatives and custom multi-asset solutions. With
offices in over 30 countries and approximately 1,300 investment
professionals, the California-based company has more than 70
years of investment experience and approximately US$1.4 trillion (approximately CA$1.9 trillion)
in assets under management as of September
30, 2020. 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 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. 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 © 2020. Franklin Templeton. All rights
reserved.
SOURCE Franklin Templeton Investments Corp.