An anonymous representative of Franklin Templeton reports

FRANKLIN TEMPLETON CANADA ANNOUNCES ESTIMATED DECEMBER ETF CASH DISTRIBUTIONS AND ANNUAL REINVESTED DISTRIBUTIONS

Franklin Templeton Canada has estimated December, 2023, cash distributions and annual reinvested distributions for its exchange-traded funds and ETF series of mutual funds available to Canadian investors.

Estimated December, 2023, cash distributions

As detailed in an attached table, unitholders of record as of Dec. 29, 2023, will receive a per-unit cash distribution payable in Canadian dollars on Jan. 8, 2024.

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 each unitholder, the outstanding units and the net asset value of the ETFs will not change as a result of the annual reinvested distributions. The annual reinvested distributions, as applicable, are expected to be capital gains in nature for each of the ETFs.

As detailed in an attached table, unitholders of record on Dec. 29, 2023, will receive a per-unit reinvested distribution payable in Canadian dollars on Jan. 8, 2024.

If there are any changes to these year-end distribution amounts, the final amounts will be declared on Dec. 28, 2023. The actual taxable amounts of cash and reinvested distributions for 2023, including the tax characteristics of the distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2024.