TORONTO, Dec. 18, 2017 /CNW/ - Franklin Templeton Investments
Canada today announced the December 2017 cash distributions and the annual reinvested distributions
for Franklin Liberty Canadian Investment Grade Corporate ETF (FLCI), Franklin Liberty Risk Managed
Canadian Equity ETF (FLRM), Franklin LibertyQT U.S. Equity Index
ETF (FLUS) and Franklin LibertyQT International Equity Index ETF (FLDM), available to Canadian investors.
For the December 2017 cash distributions, unitholders of record on December 29, 2017 will receive a per-unit cash distribution payable on January 8,
2018.
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, as applicable, are expected to be capital gains in nature for each of the ETFs. Unitholders of
record on December 29, 2017 will receive a per-unit reinvested distribution.
The per-unit cash and reinvested distribution amounts in Canadian dollars and distribution frequency for each ETF are detailed
in the table below:
Fund Name
|
Ticker
|
Cash
Distribution
Per Unit ($)
|
Distribution
Frequency
|
Annual
Reinvested
Distribution
Per Unit ($)
|
Franklin Liberty Canadian Investment Grade Corporate ETF
|
FLCI
|
0.092556
|
Monthly
|
0.000000
|
Franklin Liberty Risk Managed Canadian Equity ETF
|
FLRM
|
0.155538
|
Quarterly
|
0.000000
|
Franklin LibertyQT U.S. Equity Index ETF
|
FLUS
|
0.113728
|
Quarterly
|
0.000000
|
Franklin LibertyQT International Equity Index ETF
|
FLDM
|
0.370072
|
Semi-annually
|
0.000000
|
If there are any changes to these distribution amounts, Franklin Templeton will issue another
press release. The actual taxable amounts of cash and reinvested distributions for 2017, including the tax characteristics of the
distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2018.
For more information, please visit LibertyShares.ca.
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$753 billion (C$971 billion) in assets under management as of November 30, 2017. For more information, please visit franklintempleton.ca.
Connect with Franklin Templeton Investments Canada on Twitter, Facebook
and LinkedIn, and read the Beyond Bulls & Bears blog featuring perspectives from
Franklin Templeton investment professionals around the world.
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.
Copyright © 2017. Franklin Templeton Investments. All rights reserved.
SOURCE Franklin Templeton Investments Corp.
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