BEN · News · 20260805N

Competition and Pricing Pressure

FRANKLIN RESOURCES INC · 2026-08-05 · Importance 17 · Surprise 24

Franklin Templeton Canada extended 15-basis-point management-fee waivers for the Franklin International Low Volatility High Dividend Index ETF and Franklin U.S. Low Volatility High Dividend Index ETF through December 31, 2026. The waivers support the firm’s low-volatility, high-dividend ETF suite and help maintain its appeal to income-oriented investors. The action indicates ongoing fee competition in the Canadian ETF distribution market.

Key facts

• California State Teachers Retirement System acquired an additional 64,483 shares of Franklin Resources in Q1 2026, increasing its stake by 23.8% to a total of 335,261 shares valued at $7.9 million. source