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

TORONTO, Dec. 20, 2022 /CNW/ - Franklin Templeton Canada today announced the estimated December 2022 cash distributions and the annual reinvested distributions for its ETFs available to Canadian investors.

Estimated December 2022 Cash Distributions

As detailed in the table below, unitholders of record on December 30, 2022, will receive a per-unit cash distribution payable in Canadian dollars on January 4, 2023:

ETF Name	Ticker	Type	Estimated   Cash   Distribution   Per Unit   ($)	Payment   Frequency
Franklin Brandywine Global Sustainable Income Optimiser Active ETF	FBGO	Active	0.118085	Monthly
Franklin ClearBridge Sustainable Global Infrastructure Income Active ETF	FCII	Active	0.075350	Monthly
Franklin ClearBridge Sustainable International Growth Active ETF	FCSI	Active	0.000000	Annually
Franklin Global Growth Active ETF	FGGE	Active	0.000000	Annually
Franklin Bissett Ultra Short Bond Active ETF	FHIS	Active	0.074694	Monthly
Franklin Innovation Active ETF	FINO	Active	0.000000	Annually
Franklin FTSE U.S. Index ETF	FLAM	Passive	0.039643	Quarterly
Franklin Core Balanced Active ETF	FLBA	Active	0.103705	Quarterly
Franklin FTSE Canada All Cap Index ETF	FLCD	Passive	0.203456	Quarterly
Franklin Bissett Corporate Bond Active ETF	FLCI	Active	0.230045	Monthly
Franklin Bissett Core Plus Bond Active ETF	FLCP	Active	0.101825	Monthly
Franklin International Multifactor Index ETF	FLDM	Smart Beta	0.310994	Semi-annually
Franklin Emerging Markets Multifactor Index ETF*	FLEM	Smart Beta	0.707979	Semi-annually
Franklin Global Aggregate Bond Active ETF (CAD-Hedged)	FLGA	Active	0.040516	Monthly
Franklin Global Dividend Quality Index ETF	FLGD	Smart Beta	0.282382	Monthly
Franklin FTSE Japan Index ETF	FLJA	Passive	0.372840	Semi-annually
Franklin Risk Managed Canadian Equity Active ETF	FLRM	Active	0.160500	Quarterly
Franklin Bissett Short Duration Bond Active ETF	FLSD	Active	0.146607	Monthly
Franklin FTSE Europe ex U.K. Index ETF**	FLUR	Passive	0.000000	Semi-annually
Franklin U.S. Large Cap Multifactor Index ETF	FLUS	Smart Beta	0.207625	Quarterly
Franklin Western Asset Core Plus Bond Active ETF	FWCP	Active	0.000000	Monthly

* Effective December 21, 2022, this ETF will adopt a new name - Franklin Emerging Markets Equity Index ETF and change from a smart beta ETF to a passive ETF. The ticker will remain the same.

** Effective December 21, 2022, this ETF will adopt a new name - Franklin International Equity Index ETF. The ticker will remain the same.

Estimated Annual Reinvested Distributions

The estimated 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.

As detailed in the table below, unitholders of record on December 30, 2022, will receive a per-unit reinvested distribution payable in Canadian dollars on January 4, 2023

Fund Name	Ticker	Type	Estimated   Annual   Reinvested   Distribution   Per Unit   ($)
Franklin Brandywine Global Sustainable Income Optimiser Active ETF	FBGO	Active	0.000000
Franklin ClearBridge Sustainable Global Infrastructure Income Active ETF	FCII	Active	0.000000
Franklin ClearBridge Sustainable International Growth Active ETF	FCSI	Active	0.000000
Franklin Global Growth Active ETF	FGGE	Active	0.000000
Franklin Bissett Ultra Short Bond Active ETF	FHIS	Active	0.000000
Franklin Innovation Active ETF	FINO	Active	0.000000
Franklin FTSE U.S. Index ETF	FLAM	Passive	0.913081
Franklin Core Balanced Active ETF	FLBA	Active	0.000000
Franklin FTSE Canada All Cap Index ETF	FLCD	Passive	1.357107
Franklin Bissett Corporate Bond Active ETF	FLCI	Active	0.000000
Franklin Bissett Core Plus Bond Active ETF	FLCP	Active	0.000000
Franklin International Multifactor Index ETF	FLDM	Smart Beta	0.000000
Franklin Emerging Markets Multifactor Index ETF*	FLEM	Smart Beta	0.000000
Franklin Global Aggregate Bond Active ETF (CAD-Hedged)	FLGA	Active	0.000000
Franklin Global Dividend Quality Index ETF	FLGD	Smart Beta	1.604360
Franklin FTSE Japan Index ETF	FLJA	Passive	0.000000
Franklin Risk Managed Canadian Equity Active ETF	FLRM	Active	1.487943
Franklin Bissett Short Duration Bond Active ETF	FLSD	Active	0.000000
Franklin FTSE Europe ex U.K. Index ETF**	FLUR	Passive	0.143565
Franklin U.S. Large Cap Multifactor Index ETF	FLUS	Smart Beta	3.525900
Franklin Western Asset Core Plus Bond Active ETF	FWCP	Active	0.000000

* Effective December 21, 2022, this ETF will adopt a new name - Franklin Emerging Markets Equity Index ETF and change from a smart beta ETF to a passive ETF. The ticker will remain the same.

** Effective December 21, 2022, this ETF will adopt a new name - Franklin International Equity Index ETF. The ticker will remain the same.

If there are any changes to these year-end distribution amounts, the final amounts will be announced on December 29, 2022. The actual taxable amounts of cash and reinvested distributions for 2022, including the tax characteristics of the distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2023. 

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 155 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 offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 75 years of investment experience and approximately US$1.4 trillion (approximately CAN$1.9 trillion) in assets under management as of November 30, 2022. 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.

Forward-looking statements involve risks and uncertainties that may cause the actual distributions to differ materially from those contemplated by those statements.

Copyright © 2022. Franklin Templeton. All rights reserved.

SOURCE Franklin Templeton Investments Corp.

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