FTSD – Franklin Short Duration US Govt ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities. To pursue its investment goal, it may invest in certain interest rate-related derivative transactions, principally U.S. Treasury futures contracts and options on interest rate/bond futures.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FTSD	Franklin Short Duration U.S. Government ETF	ETF	Open			Nov 4, 2013	$327.89M	0.250%	—	—	$81.26M

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