Franklin Templeton Investments Canada announced May 24 changes to the risk ratings of some of its funds. The changes are due to the implementation of the new standardized Risk Classification Methodology mandated by the Canadian Securities Administrators (CSA).
The company underlines that these risk rating changes “are not the result of any alterations to the investment objectives, strategies or portfolio management of the funds.”
The changes are detailed in the table below:
Fund Name |
Current |
New |
Franklin ActiveQuant Canadian Fund Franklin ActiveQuant Canadian Corporate Class |
Low to Medium |
Medium |
Franklin Bissett Canadian Balanced Fund Franklin Bissett Canadian Balanced Corporate Class |
Low |
Low to Medium |
Franklin Bissett Canadian Dividend Fund Franklin Bissett Canadian Dividend Corporate Class |
Low to Medium |
Medium |
Franklin Bissett Canadian Equity Fund Franklin Bissett Canadian Equity Corporate Class |
Low to Medium |
Medium |
Franklin Bissett Microcap Fund |
Medium |
Medium to High |
Franklin Bissett Monthly Income and Growth Fund |
Low |
Low to Medium |
Franklin Bissett Small Cap Fund Franklin Bissett Small Cap Corporate Class |
Medium |
Medium to High |
Franklin Mutual U.S. Shares Fund Franklin Mutual U.S. Shares Corporate Class |
Low to Medium |
Medium |
Franklin Quotential Balanced Income Portfolio Franklin Quotential Balanced Income Corporate Class Portfolio |
Low |
Low to Medium |
Franklin Quotential Diversified Equity Portfolio Franklin Quotential Diversified Equity Corporate Class Portfolio |
Low to Medium |
Medium |
Franklin Strategic Income Fund |
Low |
Low to Medium |
Franklin Templeton Canadian Large Cap Fund |
Low to Medium |
Medium |
Franklin U.S. Monthly Income Hedged Corporate Class |
Low |
Low to Medium |
Franklin U.S. Rising Dividends Hedged Corporate Class |
Low to Medium |
Medium |
Templeton Asian Growth Fund Templeton Asian Growth Corporate Class |
Medium |
Medium to High |
Templeton Emerging Markets Fund Templeton Emerging Markets Corporate Class |
Medium |
Medium to High |