Franklin Templeton changes ETF risk ratings

Franklin Templeton Canada has reduced the risk ratings of certain LibertyShares ETFs, the firm said Friday.

The following funds are impacted:

• The Franklin Liberty Core Balanced ETF will have a low rating (from low to medium).
• The Franklin LibertyQT International Equity Index ETF will have a low to medium rating (formerly medium).
• The Franklin Liberty Risk Managed Canadian Equity ETF will have a low to medium rating (from medium).
• The Franklin Liberty Senior Loan ETF (CAD-Hedged) will have a low risk rating (formerly low to medium).

The changes will be reflected in the ETFs’ annual prospectus renewal filed Friday, the firm said.

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