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
Risk Rating

New
Risk Rating

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