Toronto-based Franklin Templeton Investments Corp. made the following changes to the risk ratings of certain Franklin LibertyShares ETFs:

> Franklin Liberty Core Balanced ETF was reduced to “low”;

> Franklin LibertyQT International Equity Index ETF was reduced to “low to medium”;

> Franklin Liberty Risk Managed Canadian Equity ETF was reduced to “low to medium”; and

> Franklin Liberty Senior Loan ETF (CAD-Hedged) was reduced to “low.”