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Franklin Templeton Canada Introduces Franklin U.S. Mid Cap Multifactor Index ETF for Canadians Looking to Diversify Beyond U.S. Large Caps

TORONTO, Jan. 30, 2025 (CNW Group via COMTEX) --
 Franklin Templeton Canada today announced the listing of Franklin U.S. Mid Cap Multifactor Index ETF (FMID) for Canadians looking to diversify beyond U.S. large cap equities. With an emphasis on high quality and value, FMID is available at a low management fee of 30 basis points and is now listed on Cboe Canada Inc."Many investors are concerned about valuations and the concentration of top-weighted stocks in the S&P 500 Index and are seeking to diversify beyond large cap equities that have been the main drivers of the U.S. equity market," said Ahmed Farooq, SVP, head of Retail ETF Distribution, Franklin Templeton Canada. "To help them diversify and access growth potential, FMID invests in established U.S. businesses using a multifactor approach with a focus on high quality and value to help enhance returns over passive U.S. mid-cap indices." FMID expands the firm's suite of U.S. ETFs available to Canadians, which includes the 4-star Morningstar rated1 Franklin FTSE U.S. Index ETF (FLAM), the 4-star Morningstar rated1 Franklin U.S. Large Cap Multifactor ETF (FLUS) and the recently launched Franklin U.S. Low Volatility High Dividend Index ETF (FLVU). Dennis Tew, head of Distribution and Business Strategy, Franklin Templeton Canada, added: "We continue to bring our best investment ideas and innovative solutions to the Canadian market to address client needs. This C$2 billion2 U.S. Mid Cap Multifactor Index ETF strategy â?? with more than a seven-year track record in the U.S. market â?? has resonated with our U.S. clients having gained C$1.2 billion in flows over the past year3." Franklin Templeton employees will gather to ring Cboe Canada's closing bell on January 30, 2025, to celebrate the Cboe Canada listing of FMID. Part of a global ETF platform, Franklin Templeton Canada now offers 25 active, smart beta and passive ETFs. For more information on Franklin Templeton's ETF lineup, please visit franklintempleton.ca/etf.About Franklin TempletonFranklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. In Canada, the company's subsidiary is Franklin Templeton Investments Corp., which operates as Franklin Templeton Canada. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and approximately US$1.6 trillion (approximately CAN$2.2 trillion) in assets under management as of December 31, 2024. For more information, please visit franklintempleton.ca and connect with Franklin Templeton on LinkedIn, X and Facebook. Commissions, management fees and expenses all may be associated with investments in ETFs and ETF series. Investors should carefully consider an ETF's and ETF series' investment objectives and strategies, risks, fees and expenses before investing. The prospectus and ETF facts contain this and other information. Please read the prospectus and ETF facts carefully before investing. ETFs and ETF series trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF and ETF series expenses will reduce returns. ETFs and ETF series are not guaranteed, their values change frequently, and past performance may not be repeated.

 Copyright © 2025. Franklin Templeton. All rights reserved.

SOURCE Franklin Templeton Investments Corp.

SOURCE: Franklin Templeton Investments Corp.

Media Contact: Sarah Kingdon, Corporate Communications, Franklin Templeton,
416.957.6191, sarah.kingdon@franklintempleton.ca
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