Franklin Templeton Investments Canada Announces Estimated December Cash Distributions and Annual Reinvested Distributions for Franklin LibertyShares™ ETFs

TORONTO, Dec. 18, 2018 /CNW/ - Franklin Templeton Investments Canada today announced the estimated December 2018 cash distributions and the annual reinvested distributions for Franklin LibertyShares ETFs available to Canadian investors.

Estimated December 2018 Cash Distributions

As detailed in the table below, unitholders of record on December 31, 2018 will receive a per-unit cash distribution payable in Canadian dollars on January 8, 2019:

Fund Name	Ticker	Type	Estimated Cash Distribution Per Unit ($)	Payment Frequency
Franklin Liberty Canadian Investment Grade Corporate ETF	FLCI	Active	0.082017	Monthly
Franklin Liberty Core Balanced ETF	FLBA	Active	0.117152	Quarterly
Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged)	FLGA	Active	0.073004	Monthly
Franklin Liberty Risk Managed Canadian Equity ETF	FLRM	Active	0.127421	Quarterly
Franklin Liberty Senior Loan ETF (CAD-Hedged)	FLSL	Active	0.482851	Monthly
Franklin Liberty U.S. Investment Grade Corporate ETF (CAD-Hedged)	FLUI	Active	0.086845	Monthly
Franklin LibertyQT Emerging Markets Index ETF	FLEM	Smart Beta	0.202373	Semi-annually
Franklin LibertyQT Global Dividend Index ETF	FLGD	Smart Beta	0.231017	Monthly
Franklin LibertyQT International Equity Index ETF	FLDM	Smart Beta	0.407259	Semi-annually
Franklin LibertyQT U.S. Equity Index ETF	FLUS	Smart Beta	0.109590	Quarterly

Estimated Annual Reinvested Distributions

The estimated 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.

As detailed in the table below, unitholders of record on December 31, 2018 will receive a per-unit reinvested distribution payable in Canadian dollars on January 8, 2019:

Fund Name	Ticker	Type	Estimated Annual Reinvested Distribution Per Unit ($)
Franklin Liberty Canadian Investment Grade Corporate ETF	FLCI	Active	0.000000
Franklin Liberty Core Balanced ETF	FLBA	Active	0.000000
Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged)	FLGA	Active	0.263771
Franklin Liberty Risk Managed Canadian Equity ETF	FLRM	Active	0.049101
Franklin Liberty Senior Loan ETF (CAD-Hedged)	FLSL	Active	0.000000
Franklin Liberty U.S. Investment Grade Corporate ETF (CAD-Hedged)	FLUI	Active	0.000000
Franklin LibertyQT Emerging Markets IndexETF	FLEM	Smart Beta	0.000000
Franklin LibertyQT Global Dividend Index ETF	FLGD	Smart Beta	0.080946
Franklin LibertyQT International Equity Index ETF	FLDM	Smart Beta	0.000000
Franklin LibertyQT U.S. Equity Index ETF	FLUS	Smart Beta	0.433946

If there are any changes to these year-end distribution amounts, the final amounts will be announced on December 28, 2018. The actual taxable amounts of cash and reinvested distributions for 2018, including the tax characteristics of the distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2019.

For more information on Franklin LibertyShares ETFs, please visit franklintempleton.ca/etf.

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$683 billion (C$908 billion) in assets under management as of November 30, 2018. 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.

Forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements.

Copyright © 2018. Franklin Templeton Investments. All rights reserved.

SOURCE Franklin Templeton Investments Corp.

Sarah Kingdon, Corporate Communications, Franklin Templeton Investments, 416.957.6191, [email protected]

Related Links

http://www.franklintempleton.ca