Press Release: Franklin Templeton Canada Announces ETF Cash Distributions and Estimated Annual Reinvested Distributions

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Franklin Templeton Canada Announces ETF Cash Distributions and Estimated Annual Reinvested Distributions

Canada NewsWire

TORONTO, Nov. 22, 2024

TORONTO, Nov. 22, 2024 /CNW/ - Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors.

As detailed in the table below, unitholders of record as of November 29, 2024, will receive a per-unit cash distribution payable on December 9, 2024.

 
Fund Name                    Ticker  Type     Cash           Payment Frequency 
                                               Distribution 
                                               Per Unit($) 
Franklin Brandywine Global   FBGO    Active   0.090153       Monthly 
Sustainable Income 
Optimiser 
Fund -- ETF Series 
Franklin ClearBridge         FCII    Active   0.011902       Monthly 
Sustainable Global 
Infrastructure 
Income Fund -- ETF Series 
Franklin Canadian            FGOV    Active   0.049478       Monthly 
Government Bond Fund -- ETF 
Series 
Franklin Canadian Ultra      FHIS    Active   0.066623       Monthly 
Short Term Bond Fund -- ETF 
Series 
Franklin Canadian Corporate  FLCI    Active   0.066540       Monthly 
Bond Fund -- ETF Series 
Franklin Canadian Core Plus  FLCP    Active   0.049906       Monthly 
Bond Fund -- ETF Series 
Franklin Global Core Bond    FLGA    Active   0.036584       Monthly 
Fund -- ETF Series 
Franklin Canadian Short      FLSD    Active   0.061568       Monthly 
Term Bond Fund -- ETF 
Series 
Franklin Canadian Low        FLVC    Passive  0.056133       Monthly 
Volatility High Dividend 
Index 
ETF 
Franklin International Low   FLVI    Passive  0.068600       Monthly 
Volatility High Dividend 
Index ETF 
Franklin U.S. Low            FLVU    Passive  0.037867       Monthly 
Volatility High Dividend 
Index ETF

Estimated Annual Reinvested Distributions

Unitholders of record on December 31, 2024, will receive a per-unit reinvested distribution payable on January 9, 2025. These annual reinvested distributions, detailed in the table below, are estimates only as of September 30, 2024. The final year-end distribution amounts will be announced on December 20, 2024.

 
Fund Name                                  Ticker   Type         Estimated 
                                                                  Annual 
                                                                  Reinvested 
                                                                  Distribution 
                                                                  Per Unit 
                                                                  ($) 
Franklin Core ETF Portfolio -- ETF Series  CBL      Active            0.345380 
Franklin Conservative Income ETF           CNV      Active                   - 
Portfolio -- ETF 
Series 
Franklin All-Equity ETF Portfolio -- ETF 
 Series                                    EQY      Active            0.068630 
Franklin Brandywine Global Sustainable     FBGO     Active                   - 
Income Optimiser 
Fund -- ETF Series 
Franklin ClearBridge Sustainable Global    FCII     Active                   - 
Infrastructure 
Income Fund -- ETF Series 
Franklin ClearBridge Sustainable           FCSI     Active                   - 
International Growth 
Fund -- ETF Series 
Franklin Global Growth Fund -- ETF Series  FGGE     Active                   - 
Franklin Canadian Government Bond Fund --  FGOV     Active                   - 
ETF Series 
Franklin Canadian Ultra Short Term Bond    FHIS     Active                   - 
Fund -- ETF 
Series 
Franklin Innovation Fund -- ETF Series     FINO     Active                   - 
Franklin FTSE U.S. Index ETF               FLAM     Passive           0.158483 
Franklin FTSE Canada All Cap Index ETF     FLCD     Passive                  - 
Franklin Canadian Corporate Bond Fund --   FLCI     Active                   - 
ETF Series 
Franklin Canadian Core Plus Bond Fund --   FLCP     Active                   - 
ETF Series 
Franklin Emerging Markets Equity Index     FLEM     Passive                  - 
ETF 
Franklin Global Core Bond Fund -- ETF      FLGA     Active                   - 
Series 
Franklin FTSE Japan Index ETF              FLJA     Passive                  - 
Franklin Canadian Short Term Bond Fund --  FLSD     Active                   - 
ETF Series 
Franklin International Equity Index ETF    FLUR     Passive           0.029145 
Franklin U.S. Large Cap Multifactor Index 
 ETF                                       FLUS     Smart Beta        2.299712 
Franklin Canadian Low Volatility High 
 Dividend Index 
 ETF                                       FLVC     Passive           0.127420 
Franklin International Low Volatility 
 High Dividend 
 Index ETF                                 FLVI     Passive           0.287091 
Franklin U.S. Low Volatility High 
 Dividend Index ETF                        FLVU     Passive           0.040207 
Franklin Growth ETF Portfolio -- ETF 
 Series                                    GRO      Active            0.598660

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 2024, including the tax characteristics of the distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2025.

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 Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. In Canada, the company's subsidiary is Franklin Templeton Investments Corp., which operates as Franklin Templeton Canada. 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 offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over US$1.6 trillion (over CAN$2.2 trillion) in assets under management as of October 31, 2024. For more information, please visit franklintempleton.ca.

Commissions, management fees and expenses all may be associated with investments in ETFs and ETF series. Investors should carefully consider an ETF's and ETF series' 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 and ETF series trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF and ETF series expenses will reduce returns. ETFs and ETF series are not guaranteed, their values change frequently, and past performance may not be repeated.

SOURCE Franklin Templeton Investments Corp.

View original content: http://www.newswire.ca/en/releases/archive/November2024/22/c5240.html

/CONTACT:

Franklin Templeton, 1-800-387-0830

Copyright CNW Group 2024

(END) Dow Jones Newswires

November 22, 2024 16:00 ET (21:00 GMT)

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Press Release: Franklin Templeton Canada Announces ETF Cash Distributions and Estimated Annual Reinvested Distributions

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