Franklin Templeton ETF Trust
09/26/2024 | Press release | Distributed by Public on 09/26/2024 07:30
Summary Prospectus by Investment Company - Form 497K
ETF2 P2 09/24
FRANKLIN TEMPLETON ETF TRUST
SUPPLEMENT DATED SEPTEMBER 26, 2024
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI"),
EACH DATED AUGUST 1, 2024, OF
FRANKLIN INVESTMENT GRADE CORPORATE ETF (THE "FUND")
Effective September 30, 2024, the following changes are made to the Fund's Summary Prospectus, Prospectus and SAI:
1.The following replaces all references to Shawn Lyons, Thomas Runkel, and Pururav Thoutireddy in the section titled "Fund Summary - Portfolio Managers" in the Fund's Summary Prospectus and Prospectus:
George Bailey, CFA
Portfolio Manager of FT Institutional and portfolio manager of the Fund since September 2024.
Andrew C. Benson
Portfolio Manager of Advisers and portfolio manager of the Fund since September 2024.
Michael Cho, CFA
Portfolio Manager of FT Institutional and portfolio manager of the Fund since September 2024.
2.The following replaces all references to Shawn Lyons, Thomas Runkel, and Pururav Thoutireddy in the section titled "Fund Details - Management" in the Fund's Prospectus:
George Bailey, CFA Portfolio Manager of FT Institutional
Mr. Bailey has been a portfolio manager of the Fund since September 2024. He joined Franklin Templeton in 2022. Prior to joining Franklin Templeton, Mr. Bailey was a U.S. Investment Grade portfolio manager at Aviva Investors.
Andrew C. Benson Portfolio Managerof Advisers
Mr. Benson has been a portfolio manager of the Fund since September 2024. He joined Franklin Templeton in 2024. Prior to joining Franklin Templeton, Mr. Benson was a portfolio manager for Putnam Investment Management, LLC.
Michael Cho, CFA Portfolio Manager of FT Institutional
Mr. Cho has been a portfolio manager of the Fund since September 2024. He joined Franklin Templeton in 2021. Prior to joining Franklin Templeton, Mr. Cho was a U.S. and Global Investment Grade portfolio manager at Aviva Investors.
3.The following replaces all references to Shawn Lyons, Thomas Runkel, and Pururav Thoutireddy in the section titled "Management and Other Services - Portfolio managers"in the Fund's SAI:
|
Name |
Type of |
Number of Accounts Managed |
Total Assets Managed (x $1 million) |
Number of Accounts Managed for which Advisory Fee is Performance-Based |
Assets Managed for which Advisory Fee is Performance-Based (x $1 million) |
|
George Bailey* |
Registered Investment Companies |
1 |
89.7 |
None |
None |
|
Other Pooled Investment Vehicles |
5 |
2,140.4 |
None |
None |
|
|
Other Accounts |
11 |
2,754.3 |
None |
None |
|
|
Andrew C. Benson* |
Registered Investment Companies |
14 |
13,950.2 |
2 |
1,867.1 |
|
Other Pooled Investment Vehicles |
15 |
7,628.1 |
None |
None |
|
|
Other Accounts |
4 |
17,688.3 |
None |
None |
|
|
Michael Cho* |
Registered Investment |
1 |
89.7 |
None |
None |
|
Companies |
|||||
|
Other Pooled Investment Vehicles |
5 |
2,140.4 |
None |
None |
|
|
Other Accounts |
11 |
2,754.3 |
None |
None |
*Information is provided as of August 31, 2024.
4.The following replaces all references to Shawn Lyons, Thomas Runkel, and Pururav Thoutireddy in the section titled "Management and Other Services - Portfolio managers - Ownership of Fund shares" in the Fund's SAI:
|
Portfolio Manager |
Dollar Range of Fund Shares Beneficially Owned |
|
George Bailey* |
None |
|
Andrew C. Benson* |
None |
|
Michael Cho* |
None |
|
*Information is provided as of August 31, 2024 |
Please retain this supplement for future reference.