# For Professional Client Use Only. Not for distribution to Retail Clients.
Important Information (continued)	
Source for data and information provided by Franklin Templeton, as of the date of this document, unless otherwise noted.
This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice. Opinions expressed are the author’s at publication date and they are subject to change without prior notice.
Franklin Templeton ICAV (“the ETF”) investment returns and principal values will change with market conditions, and an investor may have a gain or a loss when they sell their shares. Please visit www.franklintempletonnordic.com for the ETF standardised and most recent month-end performance. There is no guarantee that any strategy will achieve its objective.
Investment in the ETF is not riskless and investors can lose money.
All performance data shown is in the fund’s base currency. Currency fluctuations may affect the value of overseas investments. When investing in a fund denominated in a foreign currency, your performance may also be affected by currency fluctuations. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments. To the extent the fund focuses on particular countries, regions, industries, sectors or types of investment from time to time, it may be subject to greater risks of adverse developments in such areas at focus than a fund that invests in a wider variety of countries, regions, industries, sectors or investments. In emerging markets, the risks can be greater than in developed markets. Investments in derivative instruments entail specific risks that may increase the risk profile of the fund and are more fully described in the ETF’s prospectus and in the relevant Key Information Document. An investment in the ETF entails risks which are described in the latest prospectus or supplement and in the relevant Key Information Document.
Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual investors may realise returns that are different to the NAV performance. The value of shares in the ETF and income received from it can go down as well as up, and investors may not get back the full amount invested. Past performance is not an indicator or a guarantee of future performance. The actual costs vary depending on the executing custodian. In addition, deposit costs may be incurred which could have a negative effect on the value. Please find out the costs due from the respective price lists from the processing/custodian bank. ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns. Please visit www.franklintempletonnordic.com for current performance and see the latest prospectus or supplement for further details. Information is historical and may not reflect current or future portfolio characteristics. All portfolio holdings are subject to change. The ETF (domiciled outside of the U.S. or Canada) may not be directly or indirectly offered or sold to residents of the United States of America or Canada. Any research and analysis contained in this document has been procured by Franklin Templeton for its own purposes and is provided to you only incidentally. References to particular industries, sectors or companies are for general information and are not necessarily indicative of the ETF’s holding at any one time.
Indices are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges. The Fund's documents are available from your local Franklin Templeton representative in English, German and French or can be requested via FT's European Facilities Service available at www.eifs.lu/franklintempleton. In addition, a Summary of Investor Rights is available from www.franklintempleton.lu/summary-of-investor-rights. The summary is available in English. Franklin Templeton ICAV is notified for marketing in multiple EU Member States under the UCITS Directive. Franklin Templeton ICAV can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 93a of the UCITS Directive.
For the avoidance of doubt, if you make a decision to invest, you will be buying units/shares in the Fund and will not be investing directly in the underlying assets of the Fund.
The index data referenced herein is the property of Intercontinental Exchange (“ICE”) and/or its licensors and has been licensed for use by Franklin Templeton. ICE and its licensors accept no liability in connection with this use. See www.franklintempletondatasources.com for a full copy of the Disclaimer.
Please consult your financial advisor before deciding to invest. Subscriptions to shares in the ETF can only be made on the basis of the current prospectus, the relevant Key Information Document, accompanied by the latest available audited annual report and the latest semi-annual report if published thereafter. These documents can be obtained, free of charge from Franklin Templeton International Services S.à r.l. (FTIS), Swedish branch filial, Nybrokajen 5, SE-111 48 Stockholm, Sweden. Phone: +46 (0) 8 545 01230, Fax: +46 (0) 8 545 01239, E-mail: nordicinfo@franklintempleton.com or can be found on our website www.franklintempletonnordic.com or www.ftidocuments.com.
Issued by Franklin Templeton International Services S.à r.l. FTIS is authorised and regulated in Luxembourg by the Commission de Surveillance du Secteur Financier and is authorized to conduct certain financial services in the European Economic Area including Denmark, Sweden and Finland. The ETF is only registered in Denmark, Sweden and Finland. Swedish, Finnish and Danish investors should contact Franklin Templeton International Services S.à r.l., Swedish Branch, filial: Nybrokajen 5, SE-111 48 Stockholm, Sweden. Phone: +46 (0) 8 545 01230 , Fax: +46
(0) 8 545 01239 , E-mail: nordicinfo@franklintempleton.com. Franklin Templeton International Services S.à.r.l. Swedish Branch, filial is authorized to conduct certain financial activities in Sweden under supervision of the Finansinspektionen. If you are in doubt about any of the information on this Website, please consult your professional adviser.
Indexes are unmanaged, and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Source: The funds or securities referred to herein are not sponsored, endorsed, or promoted by ICE Data Indices, LLC (“ICE Data”), and ICE Data bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship ICE Data has with Franklin Templeton and any related funds, as well as disclaimers that apply to ICE Data and ICE Data’s indices. ICE Data’s website (https://www.theice.com/market-data/indices) contains more detailed information about the ICE Data indices.
Important data provider notices and terms available at www.franklintempletondatasources.com.
Fund Overview:
TER: A fund’s total expense ratio (TER) expresses the total of costs and expenses of a fund in percent of the average fund volume within the last business year.
Methodology: The Methodology indicates whether an ETF is holding all index securities in the same weight as the index (i.e. Physical Replication) or whether an optimised subset of index securities is used (i.e. Optimised) in order to efficiently track index performance.
Product Structure: The Product Structure indicates whether an ETF is holding physical securities (i.e. Physical) or whether it is tracking the index performance using derivatives (swaps, i.e. Synthetic).
Fund Measures: The average credit quality (ACQ) rating may change over time. The portfolio itself has not been rated by an independent rating agency. The letter rating, which may be based on bond ratings from different agencies (or internal ratings for unrated bonds, cash and equivalents), is provided to indicate the average credit rating of the portfolio's underlying investments and generally ranges from AAA (highest) to D (lowest). For unrated bonds, cash and equivalents, ratings may be assigned based on the ratings of the issuer, the ratings of the underlying holdings of a pooled investment vehicle, or other relevant factors. The ACQ is determined by assigning a sequential integer to all credit ratings AAA to D, taking a simple, asset-weighted average of investments by market value and rounding to the nearest rating. The risk of default increases as a bond's rating decreases, so the ACQ provided is not a statistical measurement of the portfolio’s default risk because a simple, weighted average does not measure the increasing level of risk from lower-rated bonds. The ACQ may be lower if cash and equivalents are excluded from the calculation. The ACQ is provided for informational purposes only. Derivative positions are not reflected in the ACQ.
Yield figures quoted should not be used as an indication of the income that has or will be received. Yield figures are based on the portfolio's underlying holdings and do not represent a payout of the portfolio.
Composition of Fund: Ratings shown are assigned by one or more Nationally Recognised Statistical Rating Organisations ('NRSRO'), such as Standard & Poor's, Moody's and Fitch. The ratings are an indication of an issuer's creditworthiness and typically range from AAA or Aaa (highest) to D (lowest). When ratings from all three agencies are available, the middle rating is used; when two are available, the lowest rating is used; and when only one is available, that rating is used. Foreign government bonds without a specific rating are assigned the country rating provided by an NRSRO, if available. Cash includes equivalents, which may be rated.
© 2023 Franklin Templeton.	www.franklintempletonnordic.com

Translation (ENDE, 2023-03-31):
# Nur für professionelle Kunden/Nicht zur öffentlichen Verbreitung.
Wichtige Hinweise (Fortsetzung)	 Quelle: Die hierin genannten Fonds oder Wertpapiere werden von ICE Data Indices, LLC („ICE Data“) nicht gesponsert, befürwortet oder beworben, und ICE Data übernimmt keine Haftung in Bezug auf diese Fonds oder Wertpapiere oder einen Index, auf dem diese Fonds oder Wertpapiere basieren. Der Verkaufsprospekt enthält eine detailliertere Beschreibung der eingeschränkten Beziehung, die ICE Data mit Franklin Templeton und den zugehörigen Fonds unterhält, sowie rechtliche Hinweise, die für ICE Data und die Indizes von ICE Data gelten. Die Website von ICE Data (https://www.theice.com/market-data/indices) enthält ausführlichere Angaben zu den Indizes von ICE Data.
Wichtige Mitteilungen und Nutzungsbedingungen der Datenanbieter sind verfügbar unter www.franklintempletondatasources.com.
Fondsinformationen:
TER: Die Gesamtkostenquote eines Fonds (TER) drückt die Summe der Kosten und Gebühren eines Fonds als Prozentsatz des durchschnittlichen Fondsvolumens innerhalb des jeweils letzten Geschäftsjahres aus.
Methodik: Die Methodik gibt an, ob ein ETF sämtliche Indextitel in derselben Gewichtung hält wie der Index (d.h. physische Replikation) oder ob eine optimierte Teilmenge von Indextiteln gekauft wird (d.h. optimierte Replikation), um die Wertentwicklung des Index wirksam nachzubilden.
Struktur des Produkts: Die Struktur des Produkts gibt an, ob ein Index physische Wertpapiere kauft (d.h. physisch) oder ob er die Wertentwicklung des Index mithilfe von Derivaten nachbildet (Swaps, d.h. synthetisch).
Der Nettoinventarwert (NIW) steht für den Wert eines ETF je Anteil. Der NIW je Anteil errechnet sich, indem der Nettoinventarwert des Fonds durch die Anzahl der umlaufenden Anteile dividiert wird.
Wertentwicklung: Wenn die Wertentwicklung entweder des Portfolios oder seiner Benchmark umgerechnet wurde, werden für das Portfolio und seine Benchmark gegebenenfalls unterschiedliche Devisenschlusskurse verwendet.
Fondsmerkmale: Die Bewertung der durchschnittlichen Kreditqualität (Average Credit Quality, ACQ) kann sich mit der Zeit verändern. Das Portfolio selbst ist nicht von einer unabhängigen Ratingagentur bewertet worden. Das Buchstabenrating, das auf Anleihenratings von verschiedenen Agenturen (bzw. bei nicht gerateten Anleihen sowie bei Barmitteln und Barmitteläquivalenten auf internen Bewertungen) basieren kann, zeigt das durchschnittliche Kreditrating der zugrundeliegenden Anlagen im Portfolio und reicht generell von AAA (bestes Rating) bis D (schlechtestes Rating). Nicht gerateten Anleihen sowie Barmitteln und Barmitteläquivalenten kann ein Rating zugewiesen werden, das auf dem Rating des Emittenten oder auf dem Rating der entsprechenden Positionen in einem gepoolten Anlageinstrument oder auf anderen relevanten Kriterien basiert. Die ACQ bestimmt sich durch die Zuordnung aufeinanderfolgender ganzer Zahlen zu allen Kreditratings von AAA bis D. Dafür wird ein einfacher vermögensgewichteter Durchschnitt der Anlagen nach Marktwert gebildet und auf das nächstgelegene Rating gerundet. Das Ausfallrisiko steigt mit abnehmendem Rating einer Anleihe, wobei jedoch die angegebene ACQ keine statistische Messgröße für das Ausfallrisiko des Portfolios ist, weil ein einfacher gewichteter Durchschnitt das höhere Risikoniveau schlechter bewerteter Anleihen nicht entsprechend berücksichtigt. Die ACQ kann niedriger sein, wenn Barmittel und Barmitteläquivalente bei der Berechnung nicht berücksichtigt werden. Die ACQ wird ausschließlich zu Informationszwecken angegeben. Derivate sind in der ACQ nicht enthalten.
Angaben zur Rendite sind nicht als Hinweis auf den erzielten oder zu erzielenden Ertrag zu verstehen. Renditezahlen beruhen auf den dem Portfolio zugrundeliegenden Beständen. Es handelt sich nicht um Auszahlungsbeträge des Portfolios.
Fondsstruktur: Die angegebenen Ratings wurden von einer oder mehreren anerkannten Ratingagenturen (Nationally Recognized Statistical Rating Organizations, NRSRO) wie Standard & Poor's, Moody's und Fitch vergeben. Die Ratings geben Hinweise auf die Kreditwürdigkeit eines Emittenten und liegen in aller Regel zwischen AAA oder Aaa (bestes Rating) und D (schlechtestes Rating). Sind Ratings von allen drei Agenturen verfügbar, wird das Mittel herangezogen. Bei zwei verfügbaren Ratings wird das niedrigste herangezogen, bei einem verfügbaren Rating wird dieses herangezogen. Ausländischen Staatsanleihen ohne konkretes Rating wird – sofern verfügbar – das von einer NRSRO vergebene Länderrating zugeordnet Liquide Mittel enthalten Barmitteläquivalente, für die ein Rating vergeben werden kann.
© 2023 Franklin Templeton. Alle Rechte vorbehalten.
© 2023 Franklin Templeton. Alle Rechte vorbehalten.	franklintempleton.at