Net Asset Value
$20.77
Market Price
$20.77
YTD Total Return At NAV
0.48%
YTD Total Return At Market Price
0.48%
Overall Morningstar Rating
Morningstar Category™: Canadian Fixed Income
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.
Morningstar Style Box
Source: Morningstar®. The style box reveals a fund's investment style. The vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend, or growth). Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.
Historical Morningstar Ratings
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©2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Overview
- Fund description
- Reasons to invest
Fund description
The fund seeks current income, liquidity and modest capital appreciation by investing primarily in bonds issued by Canadian federal, provincial and municipal governments and government agencies, including mortgage-backed securities and real return bonds.
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Reasons to invest
- Diversification. Low or no correlation between Canadian government bonds and other fixed income and equity securities makes them an ideal choice for managing portfolio risk.
- Steady Flow of Income. Despite global market volatility and lower government yields across developed economies, Canadian government bonds have continued to provide competitive yields over the past 10 years.
- An experienced bond investor. The Calgary based investment team has decades of experience managing fixed income strategies with a Canadian perspective and is a part of the larger Franklin Fixed Income team with over 200 fixed income investment professionals around the world.
Portfolio Managers
Performance
- Annualised Performance
- Calendar Year Performance
- Cumulative Performance
- Risk Measures
Annualised Performance
Calendar Year Performance
Cumulative Performance
Risk Measures
Portfolio
Portfolio Allocations
- Assets
- Sector
- Currency
Assets
Sector
Currency
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Top Ten Holdings
Distribution
Pricing
Documents
Fund Literature
Factsheet - Franklin Canadian Government Bond Fund - ETF Series-CAD
Portfolio Holdings - Franklin Canadian Government Bond Fund
Product Commentary - Franklin Canadian Government Bond Fund
Flyer - Active Fixed Income ETFs
Regulatory Documents
Annual Report - Money Market, Fixed Income & Balanced Funds
Franklin Templeton – Fixed Income and Balanced Funds
Simplified Prospectus dated May 15, 2025
Quarterly Product Disclosure
Semiannual Management Report of Fund Performance - Franklin Canadian Government Bond Fund
Annual Management Report of Fund Performance - Franklin Canadian Government Bond Fund, Annual Management Report of Fund Performance, Annual Management Report of Fund Performance
Point of Sale Fund Facts – Franklin Canadian Government Bond Fund ETF Series
Important Legal Information
Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your units.
All investments involve risks, including possible loss of principal. For fixed income funds, bond prices, and thus an ETF’s unit price, generally move in the opposite direction of interest rates. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments; investments in emerging markets involve heightened risks related to the same factors. To the extent the ETF focuses on particular countries, regions, industries, sectors or types of investment from time to time, it may be subject to greater risks of adverse developments in such areas of focus than an ETF that invests in a wider variety of countries, regions, industries, sectors or investments. Performance of the ETFs may vary significantly from the performance of an index, as a result of transactions costs, expenses and other factors. These and other risks are discussed in the ETF’s prospectus.
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 fact/ETF facts document 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. Indicated rates of return are historical annual compounded total returns for the period indicated, including changes in unit value and reinvestment distributions, and do not take into account any charges or income taxes payable by any security holder that would have reduced returns. Mutual funds and ETFs are not guaranteed. Their values change frequently. Past performance may not be repeated.
ETFs trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF expenses will reduce returns.
For more information on any of our funds, contact your financial advisor or download a free prospectus. Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
Investors can obtain any fund document by contacting a financial advisor or downloading it from the list of fund documents above.
ETF units may be bought or sold throughout the day at their market price on the exchange on which they are listed. However, there can be no guarantee that an active trading market for ETF units will develop or be maintained, or that their listing will continue or remain unchanged. While the units of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.
The trading prices of the ETF’s units in the secondary market generally differ from the ETF’s daily NAV and are affected by market forces such as supply and demand, economic conditions and other factors. Information regarding the intraday value of units of the ETF, also known as the “indicative optimized portfolio value” (“IOPV”), is disseminated every 15 seconds throughout the trading day by the national securities exchange on which the ETF’s units are listed or by market data vendors or other information providers. Therefore, the IOPV should not be viewed as a “real-time” update of the ETF’s NAV, which is computed only once a day.
Prior to trading in the secondary market, units of the ETF are “created” at NAV by market makers, large investors and institutions only in block-size Creation Units of 100,000 units or multiples thereof. Each “Authorized Participant” enters into an authorized participant agreement with Franklin Templeton Distributors, Inc, an affiliate of Franklin Advisers, Inc. Only an Authorized Participant may create or redeem Creation Units directly with the ETF.
Net Asset Value is the market value of one unit of the ETF. This amount is derived by dividing the total value of all the securities in the ETF’s portfolio, less any liabilities, by the number of ETF units outstanding.
The NAV used in the Total Return calculation assumes all management fees and operating expenses incurred by the ETF. Market Price returns are based upon the midpoint of the bid/ask spread (last trade) at 4:00pm EST and do not reflect the returns you would receive if you traded units at other times. The first trading date is typically several days after the ETF inception date, therefore Market Price returns are measured as of this date.
Daily data source: Calculated by FactSet. Important data provider notices and terms available at www.franklintempletondatasources.com
Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors can obtain any fund document by contacting a financial advisor or downloading it from the list of fund documents above.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
U.S. securities laws generally limit a non-U.S. fund's purchase of a U.S. registered mutual fund or ETF (a “U.S. Fund”) to no more than 3% of the U.S. Fund's voting securities. There are exceptions to those laws that apply to fund-on-fund structures such as the investment by Franklin FTSE Japan Index ETF in Franklin FTSE Japan ETF. A non-U.S. fund should consult with its advisor(s) prior to investing, directly or indirectly, in a U.S. Fund.
Footnotes
The distribution yield is the indicated yield, which estimates the annual distribution yield based on its most recent distribution. It is calculated by multiplying the last distributions by the number of expected distributions per year divided by the fund's net asset value (NAV) at the end of the month.
The average credit quality (ACQ) rating may change over time. The portfolio itself has not been rated by an independent rating agency. The letter rating, which may be based on bond ratings from different agencies, is provided to indicate the average credit rating of the portfolio’s underlying bonds and generally ranges from AAA (highest) to D (lowest). For unrated bonds ratings may be assigned based on the ratings of the issuer or other relevant factors. The ACQ is determined by assigning a sequential integer to all credit ratings AAA to D, taking a simple, asset-weighted average of debt holdings by market value and rounding to the nearest rating. The risk of default increases as a bond’s rating decreases, so the ACQ provided is not a statistical measurement of the portfolio’s default risk because a simple, weighted average does not measure the increasing level of risk from lower rated bonds. The ACQ is provided for informational purposes only. Derivative positions are not reflected in the ACQ.
Average Duration - Also known as 'effective' or 'McCauley' duration it is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. It's an indication of an issue's coupon relative to its maturity. Rising interest rates mean falling bond prices; declining interest rates mean rising bond prices. The bigger the duration number, the greater the interest-rate risk; (or reward for bond prices). The weighted average duration of a fund reflects the effective duration of the underlying issues, based on the size of each holding. This value differs with 'Modified Duration' which is modified for the market (dirty) price of an issue.
Yield figures quoted should not be used as an indication of the income that has or will be received. Yield figures are based on the portfolio's underlying holdings and do not represent a payout of the portfolio.
All data is subject to change.