Latest news with #FranklinTempletonCanada
Yahoo
23-05-2025
- Business
- Yahoo
Franklin Templeton Canada Announces ETF Cash Distributions
TORONTO, May 23, 2025 /CNW/ - Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors. As detailed in the table below, unitholders of record as of May 30, 2025, will receive a per-unit cash distribution payable on June 9, 2025. Fund Name Ticker Type Cash Distribution Per Unit ($) Payment Frequency Franklin Brandywine Global Income Optimiser Fund – ETF Series FBGO Active 0.082593 Monthly Franklin ClearBridge Global Infrastructure Income Fund – ETF Series FCII Active 0.103148 Monthly Franklin Canadian Government Bond Fund – ETF Series FGOV Active 0.049997 Monthly Franklin Canadian Ultra Short Term Bond Fund – ETF Series FHIS Active 0.059527 Monthly Franklin Canadian Corporate Bond Fund – ETF Series FLCI Active 0.056014 Monthly Franklin Canadian Core Plus Bond Fund – ETF Series FLCP Active 0.044003 Monthly Franklin Global Core Bond Fund – ETF Series FLGA Active 0.046493 Monthly Franklin Canadian Short Term Bond Fund – ETF Series FLSD Active 0.048440 Monthly Franklin Canadian Low Volatility High Dividend Index ETF FLVC Passive 0.052546 Monthly Franklin U.S. Low Volatility High Dividend Index ETF FLVU Passive 0.048319 Monthly As detailed in the table below, unitholders of record as of June 20, 2025, will receive a per-unit cash distribution payable on June 30, 2025. Fund Name Ticker Type Cash Distribution Per Unit ($) Payment Frequency Franklin FTSE U.S. Index ETF FLAM Passive 0.139744 Quarterly Franklin FTSE Canada All Cap Index ETF FLCD Passive 0.258735 Quarterly Franklin Emerging Markets Equity Index ETF FLEM Passive 0.163361 Semi-annually Franklin FTSE Japan Index ETF FLJA Passive 0.298833 Semi-annually Franklin International Equity Index ETF FLUR Passive 0.491028 Semi-annually Franklin U.S. Large Cap Multifactor Index ETF FLUS Smart Beta 0.124118 Quarterly Franklin U.S. Mid Cap Multifactor Index ETF FMID Smart Beta 0.066365 Quarterly 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 About Franklin TempletonFranklin 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 US$1.54 trillion in assets under management as of April 30, 2025. For more information, please visit Commissions, management fees and expenses all may be associated with investments in ETFs and ETF series. Investors should carefully consider an ETF's and ETF series' 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 and ETF series trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF and ETF series expenses will reduce returns. ETFs and ETF series are not guaranteed, their values change frequently, and past performance may not be repeated. Copyright © 2025. Franklin Templeton. All rights reserved. SOURCE Franklin Templeton Investments Corp. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
15-05-2025
- Business
- Cision Canada
Franklin Templeton Canada Announces Fee Reductions for Certain Funds Français
TORONTO, May 15, 2025 /CNW/ - Franklin Templeton Canada today announced fee reductions of up to 70 basis points across multiple series of mutual funds, reflecting its ongoing commitment to offering competitive fees and enhancing value for investors. Effective June 1, 2025, the management fee and/or administration fee of the fund series detailed in the table below will be reduced, which will result in a lower combined fee for those fund series. 1. Applies to the first C$2.5 million invested in the fund. 2. Applies to the next C$2.5 million invested in the fund. 3. Applies to any amount in excess of C$5 million invested in the fund. 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 US$1.54 trillion in assets under management as of April 30, 2025. For more information, please visit and connect with Franklin Templeton on LinkedIn, X and Facebook. Commissions, trailing commissions, management fees, brokerage fees and expenses all may be associated with investments in mutual funds. Investors should carefully consider the investment objectives and strategies, risks, fees and expenses of mutual funds before investing. The simplified prospectus and fund facts document contains this and other information, so please read these documents carefully before investing. These investments are not guaranteed, their values change frequently and past performance may not be repeated. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. Diversification does not assure a profit or protect against market loss. All investments involve risk, including loss of principal, and there is no guarantee that investment objectives will be met. Past performance is not a guarantee of future results.
Cision Canada
05-05-2025
- Business
- Cision Canada
Franklin Templeton Canada Introduces Lexington Partners' Private Equity Expertise to Canadians Français
TORONTO, May 5, 2025 /CNW/ - Franklin Templeton Canada today introduced Lexington Partners – a global pioneer in the development of institutional secondary markets with more than US$76 billion 1 in total capital – with the launch of Franklin Lexington PE Secondaries Fund that is available to Canadian accredited investors. Franklin Lexington PE Secondaries Fund provides an opportunity to invest in a diversified portfolio of private equity investments acquired through secondary transactions and co-investments within a semi-liquid accessible structure. "As part of our commitment to bringing our best alternative investment capabilities to the Canadian market, we are offering investors an institutional quality strategy from Lexington Partners," said Dennis Tew, head of Sales, Franklin Templeton Canada. "With the increasing demand for liquidity in private investments, the secondary market offers compelling opportunities for investors, providing access to an asset class that is often underrepresented in Canadian portfolios." Franklin Lexington PE Secondaries Fund invests substantially all of its investable assets in shares of a sub-fund of the Luxembourg-domiciled Franklin Lexington Private Markets Fund SICAV SA (the "Underlying Fund"), which comes to market with over US$875 million 2 in assets under management from a diversified investor base internationally across Canada, APAC, EMEA and Latin America. Wil Warren, partner and president of Lexington, a specialist investment manager of Franklin Templeton said:"The secondary market remains undercapitalised despite a significant supply of deal flow, creating opportunities for investors to acquire attractive exposure. Franklin Lexington PE Secondaries Fund will complement our traditional drawdown funds, which currently represent US$72.4 billion 1 in assets, and reflects our commitment to delivering strong, long-term risk-adjusted returns. By leveraging our experience and leadership in private markets, Franklin Lexington PE Secondaries Fund will play a pivotal role in our strategy to expand our capital base and enhance value creation for our investors." Designed for wealth channel clients seeking long-term growth opportunities, Franklin Lexington PE Secondaries Fund the Canadian Fund offers access to an asset class that until recently was primarily available to institutional investors. The Underlying Fund's investment objective is to seek long-term capital appreciation by investing in a diversified portfolio of private equity investments acquired through secondary transactions and co-investments in new private equity transactions alongside leading sponsors. In addition, the Underlying Fund will have the flexibility to invest in private assets across asset types, including, but not limited to, buyout, growth, venture, credit, mezzanine, infrastructure, energy and other real assets. Franklin Lexington PE Secondaries Fund comes to market at a time when original investors in private funds and assets are seeking liquidity because of a slowdown in distributions from the asset class. The secondary PE market has grown significantly and is projected to exceed US$500 billion 3 over the next five years. We believe investors in secondary funds seek private equity and alternatives exposure with the potential benefits of broad diversification, potential for earlier cash returns, reduced investment risk and mitigation of primary J-curve. Franklin Templeton has become a major provider of alternatives investments with US$252 billion 2 across private equity, private credit, real estate venture capital and digital assets through organic growth and acquisitions of specialty managers like Lexington, Benefits Street Partners and Clarion Partners. About Lexington Partners Lexington Partners is one of the world's largest and most successful managers of secondary private equity and co-investment funds. The firm helped pioneer the development of the institutional secondary market over 31 years ago and created one of the first independent, discretionary co-investment programs 27 years ago. Lexington has total capital in excess of US$76 billion 1 and has acquired over 5,500 interests through more than 1,300 transactions. Lexington's global team is strategically located in major centers for private equity and alternative asset investing across North America, Europe, Asia and Latin America. Lexington is the global secondary private equity and co-investments specialist investment manager of Franklin Templeton. Additional information can be found at 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 US$1.54 trillion (CDN$2.22 trillion) in assets under management as of March 31, 2025. For more information, please visit and connect with Franklin Templeton on LinkedIn, X and Facebook. 1. Source: Lexington Partners as of December 31, 2024. 2. Source: Franklin Templeton as of March 31, 2025. 3. Source: Lexington Partners estimates as of April 2025. Views expressed are those of Lexington at the time of this press release and are subject to change. There can be no assurance that historical trends will continue. Units of Franklin Lexington PE Secondaries Fund (the "Fund") are only sold to purchasers that qualify as "accredited investors" in reliance on prospectus exemptions in each of the provinces and territories of Canada. As the Fund is a prospectus exempt fund, it is not subject to the same regulatory requirements as publicly offered investment funds offered by way of prospectus. The Fund is a Canadian access fund established as a trust under the laws of the Province of Ontario that will invest substantially all of its investable assets in shares of a sub-fund of Franklin Lexington Private Markets Fund SICAV SA (the "Underlying Fund"). The Underlying Fund is part of an umbrella investment program referred to as FLEX. The investment objective of FLEX is to seek long-term capital appreciation, and it seeks to achieve this investment objective by investing in a portfolio of private equity and other private assets. All investments are subject to certain risks. The risks associated with private equity and other private asset investments involve a high degree of risk, may be considered speculative and are suitable only for accredited investors who can afford to risk the loss of all or substantially all of such investment. Less information may be available with respect to private investments and such investments offer limited liquidity. Complete information relating to the Fund, including risk factors, is contained in the Fund's subscription agreement and confidential private offering memorandum (collectively, the "Offering Documents"), and the constating documents of the Fund. Only the most recent Offering Documents should be relied upon for information on the Fund. The returns of the Fund are not guaranteed, the value of the Fund's units may change frequently. Past performance may not be repeated and is not indicative of future results.
Yahoo
21-03-2025
- Business
- Yahoo
Canada-US yield spreads turn a corner on trade war bets
By Fergal Smith TORONTO (Reuters) - The Canadian government bond market is unlikely to return to the record outperformance against U.S. bonds seen in February, as investors are now betting the trade war will slow the U.S. economy as well as hurt Canada's growth. The Bank of Canada has been among the most aggressive of major central banks in the current easing cycle, cutting its benchmark interest rate by two and a quarter percentage points to 2.75% to support Canada's economy. That led to the Canadian 10-year yield trading as much as 153 basis points below its U.S. equivalent in early February, the largest gap seen in LSEG data going back to 1994, but the spread has since rebounded to -125 basis points. A negative yield spread indicates investors earn a lower return on Canadian bonds than on U.S. bonds if the investments are held until maturity. A move to smaller spreads, including on shorter-dated bonds, could ease pressure on the Canadian dollar, which last month touched a 22-year low at 1.4793 per U.S. dollar, or 67.60 U.S. cents. Investors tend to favor higher yielding currencies. "I think we've peaked," said Darcy Briggs, a portfolio manager at Franklin Templeton Canada. "The market assumed that whatever economy had the tariffs applied on (it) would be hurt, but now there is a growing realization that U.S. growth is actually set to come down considerably as well." The Organization for Economic Cooperation and Development has forecast that U.S. economic growth will slow to 2.2% in 2025 and expects the economy to lose more steam next year. For Canada, the OECD sees growth slowing to 0.7% this year and next. A decline in U.S. Treasury yields would likely be the main driver of smaller spreads as the market prices in a lower end-point for the Federal Reserve's easing campaign, said Robert Both, senior Canada macro strategist at TD Securities. Canada's 10-year yield is "sitting much closer to fair value," Both said, forecasting the 10-year spread will hit -55 basis points by the end of 2026. The BoC has said it would "proceed carefully" on further rate cuts given the need to consider upward pressures on inflation from the trade war. Canadian inflation heated up in February to an annual rate of 2.6% and that doesn't yet reflect the impact of tariffs. New Canadian Prime Minister Mark Carney is expected to call a snap election within days, which could delay possible government economic support to counteract the impact of tariffs. Polls show the ruling Liberal Party in a tight race with the opposition Conservatives. Regardless of who wins, analysts say that Canada has the fiscal room to respond to a crisis. The Canadian government's latest projection shows the deficit at 1.6% of gross domestic product in the current fiscal year, much less than in the United States. The U.S. budget gap was 6.4% of GDP for fiscal 2024. "Fiscal expansion is coming in one form or another," which would likely include spending on the military, infrastructure investment and tariff-related support for the economy, Jason Daw and Simon Deeley, strategists at RBC Dominion Securities Inc, said in a note. Canadian bonds are unlikely to exceed their recent outperformance, the RBC strategists said. "It would require a perfect storm of large and sustained tariffs without a fiscal offset and material Canada growth underperformance," they wrote.
Reuters
20-03-2025
- Business
- Reuters
Canada-US yield spreads turn a corner on trade war bets
TORONTO, March 20 (Reuters) - The Canadian government bond market is unlikely to return to the record outperformance against U.S. bonds seen in February, as investors are now betting the trade war will slow the U.S. economy as well as hurt Canada's growth. The Bank of Canada has been among the most aggressive of major central banks in the current easing cycle, cutting its benchmark interest rate by two and a quarter percentage points to 2.75% to support Canada's economy. That led to the Canadian 10-year yield trading as much as 153 basis points below its U.S. equivalent in early February, the largest gap seen in LSEG data going back to 1994, but the spread has since rebounded to -125 basis points. A negative yield spread indicates investors earn a lower return on Canadian bonds than on U.S. bonds if the investments are held until maturity. A move to smaller spreads, including on shorter-dated bonds, could ease pressure on the Canadian dollar, which last month touched a 22-year low at 1.4793 per U.S. dollar, or 67.60 U.S. cents. Investors tend to favor higher yielding currencies. "I think we've peaked," said Darcy Briggs, a portfolio manager at Franklin Templeton Canada. "The market assumed that whatever economy had the tariffs applied on (it) would be hurt, but now there is a growing realization that U.S. growth is actually set to come down considerably as well." The Organization for Economic Cooperation and Development has forecast that U.S. economic growth will slow to 2.2% in 2025 and expects the economy to lose more steam next year. For Canada, the OECD sees growth slowing to 0.7% this year and next. A decline in U.S. Treasury yields would likely be the main driver of smaller spreads as the market prices in a lower end-point for the Federal Reserve's easing campaign, said Robert Both, senior Canada macro strategist at TD Securities. Canada's 10-year yield is "sitting much closer to fair value," Both said, forecasting the 10-year spread will hit -55 basis points by the end of 2026. The BoC has said it would "proceed carefully" on further rate cuts given the need to consider upward pressures on inflation from the trade war. Canadian inflation heated up in February to an annual rate of 2.6% and that doesn't yet reflect the impact of tariffs. New Canadian Prime Minister Mark Carney is expected to call a snap election within days, which could delay possible government economic support to counteract the impact of tariffs. Polls show the ruling Liberal Party in a tight race with the opposition Conservatives. Regardless of who wins, analysts say that Canada has the fiscal room to respond to a crisis. The Canadian government's latest projection shows the deficit at 1.6% of gross domestic product in the current fiscal year, much less than in the United States. The U.S. budget gap was 6.4% of GDP for fiscal 2024. "Fiscal expansion is coming in one form or another," which would likely include spending on the military, infrastructure investment and tariff-related support for the economy, Jason Daw and Simon Deeley, strategists at RBC Dominion Securities Inc, said in a note. Canadian bonds are unlikely to exceed their recent outperformance, the RBC strategists said. "It would require a perfect storm of large and sustained tariffs without a fiscal offset and material Canada growth underperformance," they wrote.
