FRANKLIN CANADIAN ULTRA SHORT TERM UNITFRANKLIN CANADIAN ULTRA SHORT TERM UNITFRANKLIN CANADIAN ULTRA SHORT TERM UNIT

FRANKLIN CANADIAN ULTRA SHORT TERM UNIT

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Key stats


Assets under management (AUM)
‪157.33 M‬CAD
Fund flows (1Y)
‪30.11 M‬CAD
Dividend yield (indicated)
3.93%
Discount/Premium to NAV
−0.02%

About FRANKLIN CANADIAN ULTRA SHORT TERM UNIT


Issuer
Franklin Resources, Inc.
Brand
Franklin
Expense ratio
0.18%
Inception date
Sep 12, 2022
Index tracked
No Underlying Index
Management style
Active
The fund is actively managed and aims to invest in a wide assortment of short-term fixed income securities with varying maturities and credit ratings. The fund will primarily hold Canadian securities from government and corporate issuers, but may also hold up to 30% in foreign securities from both developed and emerging markets, and 25% in high yield debt. These securities must generally have a duration of 2 years or lower. The funds active strategy ultimately means the securities in this fund are selected at the fund managers discretion. The fund manager typically employs fundamental analysis to make investment decisions.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Ultra-short term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate85.41%
Cash9.76%
Securitized3.07%
Government1.76%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.