Franklin Templeton ETF Trust
09/26/2024 | Press release | Distributed by Public on 09/26/2024 07:32
Summary Prospectus by Investment Company - Form 497K
ETF2 P3 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 ULTRA SHORT BOND 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 the disclosure in the section titled "Fund Summary - Portfolio Managers" in the Fund's Summary Prospectus and Prospectus:
Andrew C. Benson
Portfolio Manager of Advisers and portfolio manager of the Fund since September 2024.
Joanne Driscoll, CFA
Portfolio Manager of Advisers and portfolio manager of the Fund since September 2024.
Michael J. Lima
Portfolio Manager of Advisers and portfolio manager of the Fund since September 2024.
2.The following replaces the third, fourth, fifth, and sixth paragraphs in the section titled "Fund Details - Management" in the Fund's Prospectus:
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.
Joanne Driscoll, CFA Portfolio Managerof Advisers
Ms. Driscoll has been a portfolio manager of the Fund since September 2024. She joined Franklin Templeton in 2024. Prior to joining Franklin Templeton, Ms. Driscoll was a portfolio manager for Putnam Investment Management, LLC.
Michael J. Lima Portfolio Managerof Advisers
Mr. Lima has been a portfolio manager of the Fund since September 2024. He joined Franklin Templeton in 2024. Prior to joining Franklin Templeton, Mr. Lima was a portfolio manager for Putnam Investment Management, LLC.
3.The following replaces the disclosure as it pertains to the Fund 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 |
Number of Accounts Managed for which Advisory Fee is Performance-Based |
Assets Managed for which Advisory Fee is Performance-Based |
|
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 |
|
|
Joanne Driscoll* |
Registered Investment Companies |
7 |
14,668.8 |
1 |
1,267.9 |
|
Other Pooled Investment Vehicles |
7 |
3,649.6 |
None |
None |
|
|
Other Accounts |
None |
None |
None |
None |
|
|
Michael J. Lima* |
Registered Investment Companies |
6 |
14,243.3 |
1 |
1,267.9 |
|
Other Pooled Investment Vehicles |
7 |
3,649.6 |
None |
None |
|
|
Other Accounts |
4 |
4,535.9 |
None |
None |
*Information is provided as of August 31, 2024.
4.The following replaces the disclosure as it pertains to the Fund 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 |
|
Andrew C. Benson* |
None |
|
Joanne Driscoll* |
None |
|
Michael J. Lima* |
None |
|
*Information is provided as of August 31, 2024 |
Please retain this supplement for future reference.