# EDGAR Filing Document

**Accession Number:** 0001655589
**File Stem:** 0001741773-25-002925
**Filing Date:** 2025-8
**Character Count:** 8580
**Document Hash:** 55d579adbeceffa6d96e56951e0ff95a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001741773-25-002925.hdr.sgml**: 20250808

**ACCESSION NUMBER**: 0001741773-25-002925

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250808

**DATE AS OF CHANGE**: 20250808

**EFFECTIVENESS DATE**: 20250808

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-208873
- **FILM NUMBER:** 251196478

**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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0000837274

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-23493
- **FILM NUMBER:** 251196479

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN VALUEMARK FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN VALUEMARK ANNUITY FUNDS
- **DATE OF NAME CHANGE:** 19881129

## Series and Classes Contracts Data

### Franklin VolSmart Allocation VIP Fund (Series ID: S000040299)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 2    | C000125189 |
| Class 5    | C000125190 |
| Class 1    | C000234919 |

---

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

---

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

---

## Series and Classes Contracts Data

### Franklin VolSmart Allocation VIP Fund (Series ID: S000040299)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000125189 | Class 2      |  |
| C000125190 | Class 5      |  |
| C000234919 | Class 1      |  |

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

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

#### GOF-P17 08/25

#### FRANKLIN TEMPLETON ETF TRUST

#### FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST

#### SUPPLEMENT DATED AUGUST 8, 2025

#### TO THE SUMMARY PROSPECTUS, PROSPECTUS AND

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

#### OF EACH FUND LISTED IN SCHEDULE A

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1. Effective September 30, 2025, Chandra Seethamraju, PhD will step down as a member of the portfolio management team for each fund listed in Schedule A. All references to Mr. Seethamraju in each fund's Summary Prospectus, Prospectus and SAI are deleted in their entirety.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2. Effective September 30, 2025, the Summary Prospectus, Prospectus and SAI of Franklin VolSmart Allocation VIP Fund is amended as follows:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a. The following is added to the section titled "Fund Summary – Portfolio Managers" in the fund's Summary Prospectus and Prospectus:** 

**Chris W. Floyd, CFA**<br>Portfolio Manager of Advisers and portfolio manager of the U.S. smart beta strategy portion of the Fund since September 2025.

**Brett E. Risser**<br>Portfolio Manager of Advisers and portfolio manager of the U.S. smart beta strategy portion of the Fund since September 2025.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b. The following is added to the section titled "Fund Details – Management" in the fund's Prospectus:**

**Chris W. Floyd, CFA Portfolio Manager of Advisers**<br>Mr. Floyd has been a portfolio manager of the U.S. smart beta strategy of the Fund since September 2025. Mr. Floyd is a vice president and portfolio manager for Franklin Templeton Investment Solutions ("FTIS"). He joined Franklin Templeton in 2020.

**Brett E. Risser Portfolio Manager of Advisers**<br>Mr. Risser has been a portfolio manager of the U.S. smart beta strategy of the Fund since September 2025. Mr. Risser is a vice president and portfolio manager for Franklin Templeton Investment Solutions ("FTIS"). 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**c. The following replaces the second to last sentence in the ninth paragraph in the section titled "Fund Details – Management" in the fund's Prospectus:**

Messrs. Chettiappan, Floyd and Risser have primary responsibilities for the U.S. smart beta strategy of the Fund and have equal authority over all aspects of the U.S. smart beta strategy of the Fund's investment portfolio, including but not limited to, purchases and sales of individual securities and portfolio risk assessment.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**d. The following is added to the section titled "Management and Other Services – Portfolio managers" in the 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)** |
| Chris W. Floyd\* | Registered<br>Investment<br>Companies | 15 | 8218.2 |  |  |
|  | Other Pooled<br>Investment<br>Vehicles | 15 | 3174.1 |  |  |
|  | Other<br>Accounts | 9 | 1953.0 | 1 | 525.5 |
| Brett E. Risser\* | Registered<br>Investment<br>Companies |  |  |  |  |
|  | Other Pooled<br>Investment<br>Vehicles |  |  |  |  |
|  | Other<br>Accounts |  |  |  |  |

---

\*Information is provided as of June 30, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**e. The following is added to the section titled "Management and Other Services – Portfolio managers – Ownership of Fund shares" in the fund's SAI:** 

As of June 30, 2025, Chris W. Floyd and Brett E. Risser did not own any shares of Franklin VolSmart Allocation VIP Fund.

------

#### &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SCHEDULE A

---

| | | |
|:---|:---|:---|
| **<u>Fund</u>** | **<u>Date of Summary Prospectus, Prospectus and SAI</u>** | **<u>Date of Summary Prospectus, Prospectus and SAI</u>** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>FRANKLIN TEMPLETON ETF TRUST</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>FRANKLIN TEMPLETON ETF TRUST</u>** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Systematic Style Premia ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Systematic Style Premia ETF | August 1, 2025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>FRANKLIN TEMPLETON VARIABLE INSURANCE</u>** <br>**<u>PRODUCTS TRUST</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>FRANKLIN TEMPLETON VARIABLE INSURANCE</u>** <br>**<u>PRODUCTS TRUST</u>** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin VolSmart Allocation VIP Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin VolSmart Allocation VIP Fund | May 1, 2025 |

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

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