(this article originally appeared on ETF Trends)

Franklin Templeton Investments today launched a new suite of actively managed ETFs to its Franklin LibertyShares platform.

The suite includes two new active ETFs, Franklin Liberty U.S. Low Volatility ETF (FLLV) and Franklin Liberty Investment Grade Corporate ETF (FLCO), as well asFranklin Liberty Short Duration U.S. Government ETF (FTSD), an active ETF launched in 2013.

Patrick O’Connor, Global Head of ETFs for Franklin Templeton Investments, said investors have embraced the ETF wrapper for its benefits, which may include liquidity, tax efficiency and transparency.

“Now they want the opportunity to seek better risk-adjusted returns over the long term,” O’Connor said. “Through Franklin LibertyShares, we are providing investors with simple and efficient options to help them address their desired outcomes. Our actively managed ETFs can help investors meet their investment needs by serving as a core or complementary portfolio holding.”

Franklin LibertyShares’ suite of actively managed ETFs currently includes one equity and two fixed income ETFs.

FLLV seeks capital appreciation with an emphasis on lower volatility than the broader U.S. equity market, as measured by the Russell 1000 Index. The fund applies a fundamentally driven “bottom up” research process to identify stocks that exhibit strong fundamental characteristics and screens for stocks with the lowest realized volatility scores, based on a proprietary quantitative model, relative to their corresponding sectors. Risk considerations are incorporated into the final stock selection process.