TORONTO – (BUSINESS WIRE) –NEO is proud to announce that Franklin Templeton Canada (“Franklin Templeton”) migrated 4 regional and nationwide ETFs from the Toronto Inventory Change to the NEO Change. The prevailing tickers stay the identical, and FLAM, FLCD, FLJA and FLUR are actually accessible for buying and selling on NEO.
Franklin Templeton grew to become the 18e the fund maker to listing its merchandise on NEO Change. The 4 Franklin Templeton ETFs that migrated to NEO are:
Franklin FTSE U.S. Index ETF – NEO: FLAME
Franklin FTSE Canada All Cap Index ETF – NEO: FLCD
Franklin FTSE Japan Index ETF – NEO: FLJA
ETF Franklin FTSE Europe ex UK Index – NEO: FLUR
Every of the funds seeks to copy the efficiency of its corresponding index, investing primarily in fairness securities of enormous and mid-capitalization issuers within the area or nation it targets. Total fund belongings have been roughly $ 1.13 billion as of March 2, 2021.
“Franklin Templeton Canada welcomes the innovation that the NEO Change brings to the market. With its new closing worth methodology, we’ve seized the chance to maneuver a set of low-cost regional and nationwide ETFs to the inventory alternate for the good thing about our buyers ”. commented Duane Inexperienced, President and CEO of Franklin Templeton Canada. “Our various and progressive world ETF platform, which options actively managed energetic and bond, sensible beta and passive ETFs, was designed to ship higher outcomes for shoppers.”
Traders Can Commerce Franklin Templeton Shares 4 regional and nationwide ETFs by way of their ordinary funding channels, together with low cost brokerage platforms and full-service sellers. Click on right here for a whole view of all NEO listed securities.
“This Franklin Templeton ETF migration is one other main achievement for NEO”, famous Jos Schmitt, President and CEO of NEO. “This can be a robust endorsement of the improvements we’ve delivered to the market to make sure a greater closing worth for ETFs and our relentless efforts for unrestricted entry to market information. We’re delighted to welcome Franklin Templeton Canada to the NEO household and sit up for offering high notch customer support as we champion their success on the NEO Change.
NEO constantly represents about 20% of all volumes traded in Canadian ETFs and virtually 15% of all trades in firms listed in Canada.
About NEO Change
NEO Change is a progressive inventory alternate that brings collectively buyers and fundraisers in a good, environment friendly and service-oriented setting. Absolutely operational since June 2015, NEO offers precedence to buyers and provides entry to buying and selling of all securities listed in Canada on a stage enjoying discipline. The NEO Change lists non-venture capital corporations and funding merchandise in search of an alternate that permits investor confidence, high quality liquidity and broad outreach, together with unhindered entry to market information .
About Franklin Templeton Canada
Franklin Templeton Investments Corp. (referred to as Franklin Templeton Canada) is a subsidiary of Franklin Assets, Inc. [NYSE:BEN], a world funding administration group with subsidiaries working as Franklin Templeton and serving shoppers in additional than 165 nations. Franklin Templeton’s mission is to assist shoppers obtain higher outcomes by way of funding administration experience, wealth administration and expertise options. Via its specialised funding managers, the corporate brings in depth capabilities within the areas of equities, mounted revenue, multi-asset options and options. With places of work in additional than 30 nations and roughly 1,300 funding professionals, the California-based firm has greater than 70 years of funding expertise and roughly US $ 1.5 trillion (roughly C $ 1.9 trillion) d ‘belongings underneath administration as of January 31, 2021.