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Franklin U.S. Core Dividend Tilt Index ETF - Franklin Short Duration U.S. Government ETF is an exchange traded fund launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in fixed income markets of the United States. The fund primarily invests in investment grade mortgage-backed securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities, including adjustable rate mortgage securities and collateralized mortgage obligations which are rated BBB- or higher by S&P or Baa3 or higher by Moody’s. The fund maintains an average portfolio duration of three years or less. It seeks to benchmark the performance of its portfolio against the Bloomberg US Government Index: 1-3 Year Component. Franklin U.S. Core Dividend Tilt Index ETF - Franklin Short Duration U.S. Government ETF was formed on November 4, 2013 and is domiciled in the United States.