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.