Franklin Templeton ETF Trust

08/27/2026 | Press release | Distributed by Public on 08/27/2026 07:35

Summary Prospectus by Investment Company (Form 497K)

FLSP-P3 08/26

FRANKLIN TEMPLETON ETF TRUST
SUPPLEMENT DATED AUGUST 27, 2026
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI"),
EACH DATED AUGUST 1, 2026, OF
FRANKLIN SYSTEMATIC STYLE PREMIA ETF (THE "FUND")

1. Effective August 31, 2026, the following changes are made to the Fund's Summary Prospectus, Prospectus and SAI:

a. The following is added to the section titled "Fund Summary - Portfolio Managers" in the Fund's Summary Prospectus and Prospectus:

Brian Powers, CFA, CMT
Portfolio Manager of Advisers and portfolio manager of the Fund since August 2026.

b. The following is added to the section titled "Fund Details - Management" in the Fund's Prospectus:

Brian Powers, CFA, CMT Portfolio Manager of Advisers

Mr. Powers has been a portfolio manager of the Fund since August 2026. He joined Franklin Templeton in August 2026. Prior to joining Franklin Templeton, Mr. Powers was a senior analyst, asset allocation at Edward Jones.

c. The following is added to the table in the section titled "Management and Other Services - Portfolio managers" in the Fund's SAI:

Name

Type of
Account

Number of

Accounts

Managed

Total Assets

Managed

(x $1 million)

Number of Accounts

Managed for which

Advisory Fee is

Performance-Based

Assets Managed for which

Advisory Fee is

Performance-Based

(x $1 million)

Brian Powers*

Registered

Investment

Companies

None

None

None

None

Other Pooled

Investment

Vehicles

None

None

None

None

Other

Accounts

None

None

None

None

*Information is provided as of July 31, 2026.

d. The following is added to the table in the section titled "Management and Other Services - - Portfolio managers - Ownership of Fund shares" in the Fund's SAI:

Portfolio Manager

Dollar Range of Fund Shares Beneficially Owned

Brian Powers*

None

*Information is provided as of July 31, 2026

2. Effective September 30, 2026, the following supersedes any and all disclosure to the contrary in the Fund's Summary Prospectus, Prospectus and SAI:

The portfolio managers primarily responsible for the day-to-day management of the Fund are Robert Christian, Christopher W. Floyd, CFA, and Brian Powers, CFA, CMT

Please retain this supplement for future reference.

Franklin Templeton ETF Trust published this content on August 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 27, 2026 at 13:35 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]