Franklin Templeton announced on Feb. 28 the launch of three multi-asset ETF portfolios that can be sold by MFDA advisors.
The new offerings are: the Franklin Conservative Income ETF Portfolio, the Franklin Core ETF Portfolio and the Franklin Growth ETF Portfolio.
Within a mutual fund trust structure, the suite of three portfolios include active, smart beta and passive ETFs from the line-up of Franklin LibertyShares ETFs and third-party ETFs. The portfolios are managed using a dynamic asset allocation and ETF selection process, while focusing on managing risk and currency exposures within each portfolio.
Overwhelmed by choice
“Many investors are overwhelmed by the choice of ETFs available in the Canadian market,” said Duane Green, president and CEO, Franklin Templeton Investments Canada. “We are making it simple by offering multi-asset ETF portfolios to help advisors and investors avoid having to make asset allocation and rebalancing decisions, in addition to managing the complexities of trading ETFs and currency hedging.”
“These portfolios are designed to make ETFs accessible to all Canadian advisors and investors, while being offered at an attractive fee of 40bps for series F,” added Green.
Franklin Multi-Asset Portfolios will be co-managed by Ian Riach, SVP and portfolio manager, and Michael Greenberg, VP and portfolio manager, Franklin Templeton Multi-Asset Solutions.