Franklin Templeton Investments Canada Announces Cash Distributions for Certain Franklin LibertyShares™ ETFs

Loading...
Loading...

TORONTO, Sept. 13, 2017 /CNW/ - Franklin Templeton Investments Canada today announced the September 2017 cash distributions for Franklin Liberty Canadian Investment Grade Corporate ETF (FLCI), Franklin Liberty Risk Managed Canadian Equity ETF (FLRM) and Franklin LibertyQT U.S. Equity Index ETF (FLUS), available to Canadian investors.

Unitholders of record on September 22, 2017 will receive a per-unit cash distribution payable on September 29, 2017. The per-unit cash distribution amount and distribution frequency for each ETF are detailed in the table below:

Fund Name

Ticker

Cash
Distribution
Per Unit ($)

Distribution
Frequency

Franklin Liberty Canadian Investment Grade Corporate ETF

FLCI

0.066683

Monthly

Franklin Liberty Risk Managed Canadian Equity ETF

FLRM

0.110147

Quarterly

Franklin LibertyQT U.S. Equity Index ETF

FLUS

0.016329

Quarterly

 

Franklin Liberty Canadian Investment Grade Corporate ETF (FLCI) seeks to provide long-term capital growth and current income by investing primarily in investment grade corporate debt issued by Canadian corporations. In seeking to achieve its investment objective, the actively-managed ETF may also invest in asset-backed or mortgage-backed securities and Canadian dollar-denominated debt issued by foreign corporations.

Franklin Liberty Risk Managed Canadian Equity ETF (FLRM) seeks to provide long-term capital appreciation with reduced volatility relative to the broad Canadian equity market by investing primarily in a diversified portfolio of Canadian equities. Incorporating a mix of historical and projected financial and stock market data, equities are selected for this actively-managed ETF based on a market capitalization-weighted rules based model, which is designed to identify factors measuring growth, value, risk and momentum.

Franklin LibertyQT U.S. Equity Index ETF (FLUS) seeks to replicate the performance of the LibertyQ U.S. Large Cap Equity Index, before fees and expenses. This smart beta ETF invests primarily in equity securities of large- and mid-capitalization U.S. issuers.

For more information, please visit LibertyShares.ca.

About Franklin Templeton Investments
Franklin Templeton Investments Corp. (known as Franklin Templeton Investments Canada) is a subsidiary of Franklin Resources, Inc. BEN. Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments, which provides 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, alternative and custom solutions. The company's more than 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California-based company has 70 years of investment experience and over US$740 billion (C$933 billion) in assets under management as of August 31, 2017. For more information, please visit franklintempleton.ca.

Connect with Franklin Templeton on Twitter (@FTI_Canada) and read the Beyond Bulls & Bears blog featuring perspectives from Franklin Templeton investment professionals around the world.                                 

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.                           

Copyright © 2017. Franklin Templeton Investments. All rights reserved.

SOURCE Franklin Templeton Investments Corp.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...