TORONTO, June 5, 2024
/CNW/ - Franklin Templeton Canada today announced the
expansion of its multi-asset ETF portfolio suite with a new
all-equity strategy and the addition of an ETF purchase option for
each of the portfolios, which are now listed on the Toronto Stock
Exchange (TSX).
These actively managed multi-asset ETF portfolios – now
available in an ETF or mutual fund option – are priced among the
low-cost funds in their peer group. The ETF portfolios are actively
managed by Franklin Templeton Investment Solutions using a dynamic
asset allocation process to manage a portfolio of proprietary and
non-proprietary ETFs.
The four ETF portfolios that can be used as a core investment or
building block in an overall portfolio are:
- Franklin Conservative Income ETF Portfolio (CNV)
- Franklin Core ETF Portfolio (CBL)
- Franklin Growth ETF Portfolio (GRO)
- Franklin All-Equity ETF Portfolio (EQY)
"This suite of multi-asset ETF portfolios offers a simple and
diversified option for investing in ETFs,"
said Andrew Ashton, chairman
of Franklin Templeton Canada.
"Now available in an ETF purchase option for an 18-basis point fee,
our multi-asset ETF portfolios stand apart from the competition due
to dynamic asset allocation and the use of active fixed income in
the balanced portfolios."
The portfolios are managed by Franklin Templeton Investment
Solutions' team in Canada and
supported by its global multi-asset team that manages portfolios
for discretionary private wealth clients, retail end investors and
large pension funds. Franklin Templeton Canada has managed
multi-asset solutions in Canada
since 1996.
Michael Greenberg, SVP, head
of Americas Portfolio Management, Franklin Templeton Investment
Solutions, added: "We are focused on conducting in-depth
research and analysis to select the best combination of ETFs for
these portfolios. Our dynamic asset allocation process allows for
tactical pivots to capture market opportunities and inefficiencies,
while managing currency and risk."
Franklin Templeton employees will gather to ring the
opening bell on June 11, 2024, to celebrate the TSX listings
of CNV, CBL, GRO and EQY.
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 CDN$2.2 trillion) in assets under
management as of April 30, 2024. For more information, please
visit franklintempleton.ca and connect with Franklin
Templeton on LinkedIn, X
and Facebook.
Commissions, trailing commissions, management fees, brokerage
fees and expenses may be associated with investments in mutual
funds and ETFs. Please read the prospectus and fund facts/ETF
facts document before investing. Mutual funds and ETFs are not
guaranteed. Their values change frequently. Past performance may
not be repeated.
Copyright © 2024. Franklin Templeton. All rights
reserved.
SOURCE Franklin Templeton Investments Corp.