Franklin Templeton Investments Canada Announces November Cash Distributions and Estimated Annual Reinvested Distributions for Franklin LibertyShares® ETFs

From Franklin Templeton Investments
Contact Sarah Kingdon, Corporate Communications
Telephone 416.957.6191

TORONTO, November 12, 2018 – Franklin Templeton Investments Canada today announced the November 2018 cash distributions and the estimated annual reinvested distributions for Franklin LibertyShares ETFs.

November 2018 Cash Distributions

As detailed in the table below, unitholders of record as of November 21, 2018 will receive a per-unit cash distribution payable on November 30, 2018:

Fund NameTickerTypeCash Distribution Per Unit ($)Payment Frequency
Franklin Liberty Canadian Investment Grade Corporate ETF FLCI Active 0.065000 Monthly
Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged) FLGA Active 0.020324 Monthly
Franklin Liberty Senior Loan ETF (CAD-Hedged) FLSL Active 0.072881 Monthly
Franklin Liberty U.S. Investment Grade Corporate ETF (CAD-Hedged) FLUI Active 0.061286 Monthly
Franklin LibertyQT Global Dividend Index ETF FLGD Smart Beta 0.045000 Monthly

Estimated Annual Reinvested Distributions

Unit holders of record on December 31, 2018 will receive a per-unit reinvested distribution payable on January 8, 2019. Detailed in the table below are the estimated annual reinvested distributions calculated based upon forward-looking information as of October 31, 2018. The final year-end distribution amounts are expected to be announced on December 18, 2018.

Fund NameTickerTypeEstimated Annual Reinvested Distribution Per Unit ($)
Franklin Liberty Canadian Investment Grade Corporate ETF FLCI Active 0.00000
Franklin Liberty Core Balanced ETF FLBA Active 0.02734
Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged) FLGA Active 0.26470
Franklin Liberty Risk Managed Canadian Equity ETF FLRM Active 0.00000
Franklin Liberty Senior Loan ETF (CAD-Hedged) FLSL Active 0.00000
Franklin Liberty U.S. Investment Grade Corporate ETF (CAD-Hedged) FLUI Active 0.00000
Franklin LibertyQT Emerging Markets Index ETF FLEM Smart Beta 0.00000
Franklin LibertyQT Global Dividend Index ETF FLGD Smart Beta 0.00000
Franklin LibertyQT International Equity Index ETF FLDM Smart Beta 0.00000
Franklin LibertyQT U.S. Equity Index ETF FLUS Smart Beta 0.62996

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 are generally expected to represent capital gains within the applicable ETF.

The actual taxable amounts of cash and reinvested distributions for 2018, including the tax characteristics of the distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2019.

For more information on Franklin LibertyShares ETFs, please visit franklintempleton.ca/etf.

About Franklin Templeton Investments

Franklin Templeton Investments Corp. (known as Franklin Templeton Investments Canada) is a subsidiary of Franklin Resources, Inc. [NYSE: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$682 billion (C$898 billion) in assets under management as of October 31, 2018. For more information, please visit franklintempleton.ca.

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.

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