Franklin Templeton Investments Canada today announced the listings of three actively managed fixed income ETFs: Franklin Liberty Global Aggregate Bond ETF (CAD-Hedged) (FLGA), Franklin Liberty Senior Loan ETF (CAD-Hedged) (FLSL), and Franklin Liberty U.S. Investment Grade Corporate ETF (CAD-Hedged) (FLUI).
"The fixed income market is becoming increasingly more complex in this low interest rate environment," said Duane Green, president and CEO, Franklin Templeton Investments Canada. "To help investors and advisors navigate the credit markets, we have introduced three fixed income ETFs that employ an active approach to security selection, with currency hedging to manage risk—all at a low cost."
A suite of fixed income ETFs
The company says FLGA, FLSL and FLUI join Franklin Liberty Canadian Investment Grade Corporate ETF (FLCI), which is managed by Franklin Bissett Investment Management, to create a suite of four fixed income ETFs that invest in Canada, the U.S. and globally.
"This suite of ETFs will provide investors with the essential building blocks for the fixed income component of a portfolio," said Patrick O'Connor, head of Global ETFs, Franklin Templeton Investments. "We are continuing to focus on bringing investors and advisors ETFs that can help them reach their desired outcomes."