Key stats
About FRANKLIN CANADIAN ULTRA SHORT TERM UNIT
Expense ratio
0.18%
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Inception date
Sep 12, 2022
The fund is actively managed and aims to invest in a wide assortment of short-term fixed income securities with varying maturities and credit ratings. The fund will primarily hold Canadian securities from government and corporate issuers, but may also hold up to 30% in foreign securities from both developed and emerging markets, and 25% in high yield debt. These securities must generally have a duration of 2 years or lower. The funds active strategy ultimately means the securities in this fund are selected at the fund managers discretion. The fund manager typically employs fundamental analysis to make investment decisions.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%