Ms. Sarah Kingdon reports
FRANKLIN TEMPLETON INVESTMENTS CANADA ANNOUNCES NOVEMBER CASH DISTRIBUTIONS AND ESTIMATED ANNUAL REINVESTED DISTRIBUTIONS FOR FRANKLIN LIBERTYSHARES ETFS
Franklin Templeton Investments Canada has declared the November, 2018, cash distributions and has provided the estimated annual reinvested distributions for Franklin LibertyShares exchange-traded funds.
November, 2018, cash distributions
As detailed in the attached November distributions table, unitholders of record as of Nov. 21, 2018, will receive a per-unit cash distribution payable on Nov. 30, 2018.
NOVEMBER DISTRIBUTIONS
Fund name Ticker Type Cash distribution Payment
per unit ($) frequency
Franklin Liberty Canadian Investment Grade Corporate ETF FLCI Active $0.065000 Monthly
Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged) FLGA Active 0.020324 Monthly
Franklin Liberty Senior Loan ETF (CAD-Hedged) FLSL Active 0.072881 Monthly
Franklin Liberty U.S. Investment Grade Corporate ETF (CAD-Hedged) FLUI Active 0.061286 Monthly
Franklin LibertyQT Global Dividend Index ETF FLGD Smart
beta 0.045000 Monthly
Estimated annual reinvested distributions
Unitholders of record on Dec. 31, 2018, will receive a per-unit reinvested distribution payable on Jan. 8, 2019. Detailed in the attached estimated annual reinvested distributions table are the estimated annual reinvested distributions calculated based upon forward-looking information as of Oct. 31, 2018. The final year-end distribution amounts are expected to be announced on Dec. 18, 2018.
ESTIMATED ANNUAL REINVESTED DISTRIBUTIONS
Fund name Ticker Type Estimated annual reinvested
distribution per unit ($)
Franklin Liberty Canadian Investment Grade Corporate ETF FLCI Active $0.00000
Franklin Liberty Core Balanced ETF FLBA Active 0.02734
Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged) FLGA Active 0.26470
Franklin Liberty Risk Managed Canadian Equity ETF FLRM Active 0.00000
Franklin Liberty Senior Loan ETF (CAD-Hedged) FLSL Active 0.00000
Franklin Liberty U.S. Investment Grade
Corporate ETF (CAD-Hedged) FLUI Active 0.00000
Franklin LibertyQT Emerging Markets Index ETF FLEM Smart
beta 0.00000
Franklin LibertyQT Global Dividend Index ETF FLGD Smart
beta 0.00000
Franklin LibertyQT International Equity Index ETF FLDM Smart
beta 0.00000
Franklin LibertyQT U.S. Equity Index ETF FLUS Smart
beta 0.62996
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 unitholders' 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 are generally expected to represent capital gains within the applicable ETF.
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.
We seek Safe Harbor.
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