About Franklin Liberty US Core Bond ETF (FLCB)

Franklin Liberty US Core Bond ETF (FLCB) is an exchange-traded fund that seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays U.S. Universal Index. The fund primarily invests in a diversified portfolio of fixed-income securities, including investment-grade and non-investment-grade bonds, mortgage-backed securities, asset-backed securities, and other types of debt instruments. The ETF may also invest a portion of its assets in derivative instruments such as futures contracts and options for hedging purposes or to enhance returns.

FLCB aims to provide investors with a core bond exposure that can serve as a strategic allocation within a broader asset allocation strategy. The fund's investment process combines a top-down macroeconomic outlook with bottom-up security selection. The portfolio managers utilize proprietary research and a disciplined approach to construct the fund's holdings based on their analysis of factors such as interest rate trends, credit quality, issuer fundamentals, and valuation considerations.