California-based Franklin Templeton Investments Corp. has launched three multi-asset ETF portfolios in Canada, the company said today in a release.

Managed by Franklin Templeton Multi-Asset Solutions, each portfolio is a mutual fund that provides access to active asset allocation using a combination of active, smart beta and passive ETFs across multiple asset classes and geographies, the release says.

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The portfolios, listed below, have a management fee of 40 basis points for Series F, and invest primarily in ETFs that hold Canadian, U.S. and international equity and fixed income securities.

Franklin Conservative Income ETF Portfolio provides high current income with some long-term capital appreciation.

Franklin Core ETF Portfolio provides a balance between long-term capital appreciation and income.

Franklin Growth ETF Portfolio provides long-term capital appreciation with additional stability derived from income.