Franklin Templeton Canada just announced that they will be offering cash distributions for certain ETFs. The distributions will be tied to 18 different ETFs and the payment frequency will either be monthly, quarterly, or semi-annually. Investors holding one of these ETFs on June 20 will receive a per-unit cash distribution on June 27.
ETF Newz Says:
The change to pay cash distributions is a good way to help investors reach a better outcome.