# EDGAR Filing Document

**Accession Number:** 0001655589
**File Stem:** 0001655589-26-000528
**Filing Date:** 2026-4
**Character Count:** 4789
**Document Hash:** 53695bddcf41aa7267d258f892d14881
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001655589-26-000528.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0001655589-26-000528

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**EFFECTIVENESS DATE**: 20260417

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Templeton ETF Trust
- **CENTRAL INDEX KEY:** 0001655589

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-208873
- **FILM NUMBER:** 26869837

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403

## Series and Classes Contracts Data

### Franklin Systematic Style Premia ETF (Series ID: S000066719)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000215016 | Franklin Systematic Style Premia ETF | FLSP            |

**FLSP-P2 04/26**

#### SUPPLEMENT DATED APRIL 17, 2026

#### TO THE SUMMARY PROSPECTUS, AS APPLICABLE, PROSPECTUS AND

#### STATEMENT OF ADDITIONAL INFORMATION ("SAI")

#### OF EACH FUND LISTED IN SCHEDULE A and SCHEDULE B

#### All changes described below are effective June 1, 2026.
**1. The following supersedes any and all disclosure to the contrary in the Summary Prospectus, Prospectus and SAI of each fund listed in Schedule A:**

The portfolio managers primarily responsible for the day-to-day management of the fund are Vaneet Chadha, CFA, Robert Christian, and Christopher W. Floyd, CFA.

**2. The following changes are made to the Prospectus and SAI of each fund listed in Schedule B:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a. The following replaces the references to Sundaram Chettiappan and Christopher W. Floyd in the section titled "Fund Summary – Portfolio Managers" in each fund's Prospectus:** 

**Brett E. Risser**<br>Portfolio Manager of Advisers and portfolio manager of the Fund since June 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b. The following replaces the references to Sundaram Chettiappan and Christopher W. Floyd in the section titled "Fund Details – Management" in each fund's Prospectus:**

#### Brett E. Risser Portfolio Manager of Advisers
Mr. Risser has been a portfolio manager of the Fund since June 2026. He joined Franklin Templeton in 2023. Prior to joining Franklin Templeton, Mr. Risser was a portfolio manager for Putnam Investment Management, LLC ("Putnam Management"). He joined Putnam Management in 2003.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. **The following replaces references to Sundaram Chettiappan and Christopher W. Floyd in the table in the section titled "Management and Other Services – Portfolio managers" in each fund's SAI:**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name** | **Type of<br>Account** | **Number of**<br>**Accounts**<br>**Managed** | **Total Assets**<br>**Managed**<br>**(x $1 million)** | **Number of Accounts** <br>**Managed for which** <br>**Advisory Fee is** <br>**Performance-Based** | **Assets Managed for which** <br>**Advisory Fee is** <br>**Performance-Based** <br>**(x $1 million)** |
| Brett E. Risser\* | Registered<br>Investment<br>Companies | 8 | 5409.5 |  |  |
|  | Other Pooled<br>Investment<br>Vehicles | 9 | 1935.6 |  |  |
|  | Other<br>Accounts | 4 | 1506.0 | 1 | 638.8 |

---

\*Information is provided as of February 28, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. **The following replaces references to Sundaram Chettiappan and Christopher W. Floyd in the table in the section titled "Management and Other Services – Portfolio managers – Ownership of Fund shares" in each fund's SAI:**

---

| | |
|:---|:---|
| **Portfolio Manager** | **Dollar Range of Fund Shares Beneficially Owned** |
| Brett E. Risser\* | None |
| \*Information is provided as of March 31, 2026 |  |

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#### SCHEDULE A

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| | |
|:---|:---|
| **Fund**<br>| **Date of Summary** <br>**Prospectus, Prospectus and SAI**<br>|
| **<u>FRANKLIN TEMPLETON ETF TRUST</u>** |  |
| Franklin Systematic Style Premia ETF | August 1, 2025 |

---

#### SCHEDULE B

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---

| | |
|:---|:---|
| **Fund**<br>| **Date of** <br>**Prospectus and SAI**<br>|
| **<u>Franklin Fund Allocator Series</u>** |  |
| Franklin U.S. Core Equity (IU) Fund | December 1, 2025 |
| Franklin International Core Equity (IU) Fund | December 1, 2025 |
| Franklin Emerging Market Core Equity (IU) Fund | December 1, 2025 |

---

#### Please retain this supplement for future reference.

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