Toronto-based Franklin Templeton Investments Corp. recently announced fee and risk-rating changes to three of its mutual funds. Effective May 1, Franklin Liberty Canadian Investment Grade Corporate ETF will have a management fee of 0.35%. The fund’s previous management fee was 0.4%. As well, the risk ratings for Franklin LibertyQT Global Dividend Index ETF and Franklin LibertyQT U.S. Equity Index ETF were lowered to “low to medium” from “medium.” These changes are a result of Franklin Templeton’s annual prospectus renewal. For full details, visit franklintempleton.ca.

(fcollie@investmentexecutive.com).