Franklin Templeton Completes Reorganization of ClearBridge All Cap Growth ESG ETF (CACG) into ClearBridge Large Cap Growth ESG ETF (LRGE)
LRGE invests in growth companies with positive ESG attributes that can thrive through varying market environments
The reorganization involved the transfer of substantially all of CACG’s assets, net of any liabilities, to LRGE in exchange for shares of LRGE and cash in lieu of fractional shares (if any). Shareholders of CACG received shares of LRGE priced at the net asset value (and cash in lieu of fractional shares, if any) equivalent to the aggregate net asset value of the value of their investment in CACG as of the close of business on
LRGE seeks long-term capital appreciation through investing in large capitalization companies that meet its environmental, social and governance (ESG) criteria with the potential for high future earnings growth.
About
With
About
All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. Large-capitalization companies may fall out of favor with investors based on market and economic conditions. Investments are subject to growth risk and potentially negative effects from currency exchange rates, foreign taxation and differences in auditing and other financial standards. Investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. The managers’ environmental, social and governance (ESG) strategies may limit the types and number of investments available and, as a result, may forgo favorable market opportunities or underperform strategies that are not subject to such criteria. There is no guarantee that the strategy’s ESG directives will be successful or will result in better performance. These and other risks are discussed in the fund’s prospectus.
Before investing, carefully consider a fund’s investment objectives, risks, charges and expenses. You can find this and other information in a prospectus, or summary prospectus, if available, at www.franklintempleton.com . Please read it carefully.
Copyright © 2024. Franklin Templeton. All rights reserved.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240614474599/en/
Source: Franklin Templeton