Key stats
About FRANKLIN CANADIAN ULTRA SHORT TERM UNIT
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Inception date
Sep 12, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Franklin Templeton Investments Corp.
The fund is actively managed and aims to invest in a wide assortment of short-term fixed income securities with varying maturities and credit ratings. The fund will primarily hold Canadian securities from government and corporate issuers, but may also hold up to 30% in foreign securities from both developed and emerging markets, and 25% in high yield debt. These securities must generally have a duration of 2 years or lower. The funds active strategy ultimately means the securities in this fund are selected at the fund managers discretion. The fund manager typically employs fundamental analysis to make investment decisions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate92.74%
Government3.90%
Cash1.85%
Securitized1.51%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FHIS invests in bonds. The fund's major sectors are Corporate, with 92.74% stocks, and Government, with 3.90% of the basket. The assets are mostly located in the North America region.
FHIS last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.05 CAD in dividends, which shows a 8.75% increase.
FHIS assets under management is 204.78 M CAD. It's risen 8.86% over the last month.
FHIS fund flows account for 76.07 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FHIS pays dividends to its holders with the dividend yield of 3.61%. The last dividend (Jun 9, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
FHIS shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Sep 12, 2022, and its management style is Active.
FHIS expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
FHIS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FHIS invests in bonds.
FHIS price has risen by 0.10% over the last month, and its yearly performance shows a 1.21% increase. See more dynamics on FHIS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.34% over the last month, showed a 0.80% increase in three-month performance and has increased by 5.01% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.34% over the last month, showed a 0.80% increase in three-month performance and has increased by 5.01% in a year.
FHIS trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.