Ms. Sarah Kingdon reports

FRANKLIN TEMPLETON CANADA ANNOUNCES CASH DISTRIBUTIONS FOR FRANKLIN LIBERTYSHARES ETFS

Franklin Templeton Canada has declared the April, 2020, cash distributions for certain Franklin LibertyShares exchange-traded funds.

As detailed in the included table, unitholders of record as of April 14, 2020, will receive a per-unit cash distribution payable on April 21, 2020.

                                                                                       Cash distribution    Payment
Fund name                                                          Ticker        Type       per unit ($)  frequency

Franklin Liberty Canadian Investment Grade Corporate ETF             FLCI      Active           0.055000    Monthly
Franklin Liberty Core Plus Bond ETF                                  FLCP      Active           0.050000    Monthly
Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged)              FLGA      Active           0.056892    Monthly
Franklin LibertyQT Global Dividend Index ETF                         FLGD  Smart beta           0.045000    Monthly
Franklin Liberty Short Duration Bond ETF                             FLSD      Active           0.060000    Monthly
Franklin Liberty Senior Loan ETF (CAD-Hedged)                        FLSL      Active           0.105581    Monthly
Franklin Liberty U.S. Investment Grade Corporate ETF (CAD-Hedged)    FLUI      Active           0.069479    Monthly