Franklin Templeton: Do the dividends always justify the means?

You are receiving this email as a registered member of Morningstar.com and have asked to receive features, products and services from third party companies. This is a paid advertisement from the sponsor. [Franklin Templeton]( Is your core working hard enough? Franklin Core Dividend Tilt Index ETFs The search for yield has many investors looking towards US equity income ETFs. But often, dividend-focused strategies look quite different from the broad market, which can lead to risks such as: - Over-exposure to low-quality companies paying a high dividend due to a falling stock price - Rotating sector biases - Under-exposure to high growth industries So, what is an income-seeker to do? Consider our suite of low-cost Franklin Core Dividend Tilt Index ETFs, which track indexes constructed to pursue dividend yield while mitigating active risk relative to the broad market. [Explore UDIV, DIVI, DIEM ›]( To take a deeper dive into dividend investing, [register for our upcoming webinar]( “Do the Dividends Always Justify the Means?”, featuring Todd Mathias, Head of US ETF Product Strategy & Development. September 15, 2022 11:30am to 12:00pm ET [Register Now ›]( Franklin Templeton (800) DIAL-BEN/342-5236 [www.franklintempleton.com]( Securities offered through Franklin Distributors, LLC This email is intended only for the addressee and may contain information which is confidential and/or legally privileged. This email should not be forwarded or otherwise distributed to any persons or entities other than the intended recipient without the express consent of the sender. If you are not the intended recipient, any disclosure, copying, or distribution, or any action omitted or taken in reliance on it, is prohibited and may be unlawful. If you believe that you received this email in error, please contact the sender and delete this email and all attachments from your electronic files. FINANCIAL PROFESSIONAL USE ONLY/NOT FOR DISTRIBUTION TO THE PUBLIC NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE Your clients should carefully consider a fund's investment goals, risks, charges and expenses before investing. Download a [prospectus]( which contains this and other information. Your clients should carefully read a prospectus before they invest or send money. All investments involve risk, including possible loss of principal. Please see each product's web page for specific details regarding investment objective, risks, performance, and other important information. Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF's net asset value. Brokerage commissions and ETF expenses will reduce returns. There is no guarantee that any strategy will achieve its objective. Franklin Templeton ETFs are not riskless investments, and investors can lose money. If you are neither a resident nor a citizen of the United States or if you are a non-U.S. entity, an ETF’s ordinary income dividends (which include distributions of net short-term capital gains) will generally be subject to a 30% U.S. federal withholding tax, unless a lower treaty rate applies. Protect your clients from identity theft. Please don't include your clients' personal information (such as Social Security numbers, account numbers or login passwords) in your emails to us. We will never ask you to provide your clients' personal information by email. Please check with your firm to ensure Franklin Templeton funds/products and marketing materials are approved for your use. Franklin Distributors, LLC. Member FINRA/SIPC. One Franklin Parkway San Mateo, CA 94403-1906 For financial professionals who are US residents only. [Privacy Policy]( © 2022 Franklin Templeton. All rights reserved. [View online]( | [Unsubscribe]( from future Advertising Products and Features email | [Update]( your email preferences If you have questions about Morningstar.com or your membership, please send a note to joe@morningstar.com. [Click here]( to learn about Morningstar's privacy policy. © 2022 Morningstar, Inc. All Rights Reserved. 22 W. Washington St. Chicago, IL 60602