Meanwhile, FLCO seeks to provide a high level of current income as is consistent with prudent investing, while seeking preservation of capital by investing at least 80% of its net assets in investment grade corporate debt securities and investments. The fund may invest up to 40% of its net assets in foreign securities, including those in developed markets, and up to 15% of its net assets in non-U.S. dollar denominated securities.
Finally, FTSD seeks to provide a high level of current income as is consistent with prudent investing, while seeking preservation of shareholders’ capital by investing at least 80% of its net assets in securities issued or guaranteed by the U.S. government, its agencies or instrumentalities. The fund targets an estimated average portfolio duration of three years or less.
RELATED: The Unique ETF Strategy of Franklin Templeton Investments
With the introduction of its new actively managed ETFs, Franklin Templeton expands its Franklin LibertyShares fund offerings to seven ETFs.
The existing strategic beta fund suite includes three LibertyQ multi-factor core portfolio ETFs—Franklin LibertyQ Global Equity ETF (FLQG), Franklin LibertyQ Emerging Markets ETF (FLQE) and Franklin LibertyQ International Equity Hedged ETF (FLQH)—and one ETF that focuses on stocks with high and persistent dividend income, Franklin LibertyQ Global Dividend ETF (FLQD).