Net Asset Value
$18.86
Market Price
$18.88
YTD Total Return At NAV
-0.07%
YTD Total Return At Market Price
-0.09%
Morningstar Overall Rating™ 1
Overall Morningstar Rating
Morningstar Category™: Global 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
| Years | 3 |
| Morningstar Overall Rating™ | |
| Number of Funds In Category | 151 |
| Years | 5 |
| Morningstar Overall Rating™ | |
| Number of Funds In Category | 109 |
| Years | 10 |
| Morningstar Overall Rating™ | |
| Number of Funds In Category |
©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.
©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
Seeks to maximize, consistent with prudent investment management, total return by investing primarily in debt instruments of issuers anywhere in the world while following a sustainable investment approach.
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Reasons to invest
- Provides access to investments in government bonds, sovereign bonds and corporate bonds.
- Diversified exposure to investment grade bonds globally with a Canadian-dollar currency hedge.
- Used as a core fixed income allocation.
Portfolio Managers
Performance
- Annualised Performance
- Calendar Year Performance
- Cumulative Performance
- Risk Measures
Annualised Performance
Calendar Year Performance
Cumulative Performance
Risk Measures
Portfolio
Portfolio Allocations
- Geography
- Sector
- Maturity
- Credit Quality
Geography
Sector
Maturity
Credit Quality
Portfolio Holdings
Distribution
Pricing
- Pricing
Pricing
Premium/Discount Analysis
Documents
Fund Literature
Factsheet - Franklin Global Core Bond Fund (ETF Series)
Product Commentary - Franklin Global Core Bond Fund - ETF Series
Flyer - Active Fixed Income ETFs
Flyer - Franklin Global Core Bond Fund
Regulatory Documents
Annual Report - Money Market, Fixed Income & Balanced Funds
Franklin Templeton - Fixed Income and Balanced Funds
Franklin Templeton – Fixed Income and Balanced Funds
Semiannual Report - Franklin ETFs
Simplified Prospectus dated May 15, 2025
Quarterly Product Disclosure
Quarterly Product Disclosure - Franklin Global Core Bond Fund, Quarterly Portfolio Disclosure
Semiannual Management Report of Fund Performance - Franklin Global Core Bond Fund
Annual Management Report of Fund Performance - Franklin Global Core Bond Fund
Annual Management Report of Fund Performance - Franklin Global Core Bond Fund
Point of Sale Fund Facts – Franklin Global Core 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 Morningstar Rating™ for funds, or “star rating”, is calculated for managed products with at least a three-year history, and subject to change monthly. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total return, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total return. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not take into account the effects of sales charges and loads. Morningstar Rating is for the specified share class(es) only; other classes may have different performance characteristics.
Franklin Templeton Investments Corp., the investment fund manager of the Franklin Global Core Bond Fund (the “Fund”), has received exemptive relief to permit the ETF Series of the Fund to use the start date, past performance, information derived from the financial statements and other financial information of the Franklin Global Aggregate Bond Active ETF (CAD-Hedged), which was merged into the Fund, in the Fund’s sales communications, reports to securityholders, simplified prospectus, ETF facts, annual and interim financial statements and annual and interim management reports of fund performance, as applicable.
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.
Inclusive of trust and corporate class versions where applicable.
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.
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.
All data is subject to change.
Credit Quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security's rating as provided by S&P Global Ratings, Moody's Investors Service and/or Fitch Ratings, Inc. and typically range from AAA (highest) to D (lowest), or an equivalent and/or similar rating. For this purpose, the manager assigns each security the middle rating from these three agencies. When only two agencies provide ratings, the lower of the two ratings will be assigned. When only one agency assigns a rating, that rating will be used. Foreign government bonds without a specific rating are assigned a country rating, if available. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the portfolio does not apply to the stability or safety of the portfolio. The methodology used for the calculation of credit quality ratings displayed may differ from the methodology for monitoring investment limits, if applicable. Please note, the portfolio itself has not been rated by an independent rating agency.