TORONTO, Feb. 28, 2019 /CNW/ - Franklin Templeton today announced the launch of three multi-asset ETF portfolios to provide advisors and investors with a simple solution for investing in ETFs. Managed by Franklin Templeton Multi-Asset Solutions, each portfolio is a mutual fund that provides access to active asset allocation utilizing a combination of active, smart beta and passive ETFs across multiple asset classes and geographies.
"Many investors are overwhelmed by the choice of ETFs available in the Canadian market," said Duane Green, president and CEO, Franklin Templeton Investments Canada. "We are making it simple by offering multi-asset ETF portfolios to help advisors and investors avoid having to make asset allocation and rebalancing decisions, in addition to managing the complexities of trading ETFs and currency hedging."
Within a mutual fund trust structure, this suite of three diversified portfolios – conservative income, core and growth – will include active, smart beta and passive ETFs from the line-up of Franklin LibertyShares ETFs, in addition to third-party ETFs. The portfolios are managed using a dynamic asset allocation and ETF selection process, while focusing on managing risk and currency exposures within each portfolio.
"These portfolios are designed to make ETFs accessible to all Canadian advisors and investors, while being offered at an attractive fee of 40bps for series F," added Green.
Franklin Conservative Income ETF Portfolio provides high current income with some long-term capital appreciation by investing primarily in ETFs that hold Canadian, U.S. and international equity and fixed income securities.
Franklin Core ETF Portfolio provides a balance between long-term capital appreciation and income with a focus on long-term capital appreciation by investing primarily in ETFs that hold Canadian, U.S. and international equity and fixed income securities.
Franklin Growth ETF Portfolio provides long-term capital appreciation with additional stability derived from income by investing primarily in a diversified mix of ETFs that hold Canadian, U.S. and international equity and fixed income securities.
Franklin Multi-Asset Portfolios will be co-managed by Ian Riach, SVP and portfolio manager, and Michael Greenberg, VP and portfolio manager, Franklin Templeton Multi-Asset Solutions. These portfolio managers have 33 and 16 years of industry experience, and 19 and 12 years with the firm, respectively.
About Franklin Templeton Multi-Asset Solutions
Franklin Templeton Multi-Asset Solutions, with over 70 years of multi-asset investing experience, translates a wide variety of investor goals into portfolios powered by Franklin Templeton's best thinking around the globe. The hallmark of the team's approach is a central forum — the Investment Strategy and Research Committee — which generates a top-down view across asset classes and regions, and connects and synthesizes the bottom-up sector and regional insights of the global investment teams at Franklin Templeton. The team features more than 60 multi-asset investment professionals, specializing in strategic asset allocation and tactical positioning, fundamental and quantitative research, active integration and risk management. The platform had more than US$107 billion in assets under management as of December 31, 2018, and its global reach includes investment offices in Edinburgh, Frankfurt, Hong Kong, Hyderabad, London, Milan, Mumbai, New York, San Mateo, Singapore and Toronto. In Canada, Franklin Templeton Multi-Asset Solutions is part of Fiduciary Trust Company of Canada, a wholly-owned subsidiary of Franklin Templeton Investments Corp.
About Franklin LibertyShares
Franklin LibertyShares, Franklin Templeton's global ETF platform, enables investors to build portfolios aligned to their goals with a range of active, smart beta and passive ETFs. Franklin LibertyShares has more than US$3 billion in assets under management globally as of February 22, 2019 and is supported by the strength and resources of one of the world's largest asset managers.
About Franklin Templeton
Franklin Templeton Investments Corp. (known as Franklin Templeton Investments Canada) is a subsidiary of Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton. Franklin Templeton's goal is to deliver better outcomes by providing 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, alternatives and custom multi-asset solutions. The company's more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With employees in over 30 countries, the California-based company has more than 70 years of investment experience and over US$678 billion (over C$890 billion) in assets under management as of January 31, 2019. For more information, please visit franklintempleton.ca.
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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.
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SOURCE Franklin Templeton Investments Corp.
For further information: Media Contact: Sarah Kingdon, Corporate Communications, Franklin Templeton, 416.957.6191, [email protected]