- Franklin Templeton (NYSE:BEN) expands its active fixed income exchange-traded fund lineup with the addition of Franklin Liberty U.S. Core Bond ETF (NYSEARCA:FLCB), which seeks to provide investors with diversified core fixed income exposure.
- “The investment team has chosen to manage this fund with a low tracking error to the Bloomberg Barclays U.S. Aggregate Bond Index but has the flexibility to derive alpha through active sector allocation and security selection, providing a truly active core fixed income ETF,” said Patrick O'Connor, global head of ETFs for Franklin Templeton.