Franklin Templeton Announces Reorganization of ClearBridge All Cap Growth ESG ETF (CACG) into ClearBridge Large Cap Growth ESG ETF (LRGE)
The reorganization of CACG into LRGE includes the transfer of substantially all of CACG’s assets, net of any liabilities, to LRGE in exchange for shares of LRGE. Shares of LRGE will be distributed to current shareholders of CACG, and cash will be distributed in lieu of fractional shares, if applicable.
The reorganization of CACG into LRGE was approved by each of the funds’ board of trustees on
In the second quarter of 2024, it is expected that shareholders of CACG will receive a Combined Prospectus/Information Statement with details on the reorganization.
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Source: Franklin Templeton