Franklin Global Core Bond Fund

The ETF seeks to maximize, consistent with prudent investment management, total return by investing primarily in debt instruments of issuers anywhere in the world while following a sustainable investment approach. By investing primarily in fixed or floating-rate debt securities issued by governments, government related entities (including supranational organizations supported by several national governments) and corporations worldwide. The Fund invests primarily in investment grade debt securities, but may invest up to 20% of its net assets in non-investment grade debt securities and may also invest in emerging market debt; seeks to be between 90 to 100% hedged to the Canadian dollar.