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)
‪175.41 M‬CAD
Fund flows (1Y)
‪44.75 M‬CAD
Dividend yield (indicated)
3.92%
Discount/Premium to NAV
0.04%

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

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of June 28, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate85.41%
Cash9.76%
Securitized3.07%
Government1.76%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows