Franklin LifeSmart™ 2045 Retirement Target Fund Advisor ClassFLRLX

12.07
0.06 / 0.50%
10.45 - 12.67+0.63
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close Sep 30 2016.

Total returns on $10,000

As of Aug 31 2016. Fund performance

Objective

The investment seeks long-term total return consistent with its asset allocation. Under normal market conditions, the investment manager allocates the fund's assets among the broad asset classes of equity, fixed-income and alternative (non-traditional) investments and strategies by investing primarily in a distinctly-weighted combination of underlying funds, predominantly other Franklin Templeton mutual funds and exchange-traded funds (ETFs), based on each underlying fund's predominant asset class and strategy. These underlying funds, in turn, invest in a variety of U.S. and foreign equity, fixed-income and alternative investments.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Large
Investment Style: Blend
Investment style (bonds)
Credit Quality: Mid
Interest-Rate Sensitivity: Mod
Morningstar categoryTarget-Date 2045
Launch date01/08/2006
Price currencyUSD
DomicileUnited States
SymbolFLRLX
Manager & start date
T. Anthony Coffey
01/08/2006
Thomas Nelson
01/05/2011
James Macey
31/07/2015

Investment

Pricing frequencyDaily
Total net assets
670.10k USDAs of Aug 31 2016
Net expense ratio0.80%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment100,000 USD
Min. additional investment--
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US stock
51.88%
Non-US stock
20.22%
US bond
15.15%
Cash
5.82%
Other
4.39%
Non-US bond
2.54%

Top 5 sectors

Industrials
10.57%
Technology
9.88%
Financial Services
9.78%
Healthcare
9.10%
Utilities
8.36%

Top 5 Regions

United States
51.84%
Eurozone
6.19%
United Kingdom
4.14%
Emerging Asia
2.56%
Developed Asia
2.36%
Sector and region weightings are calculated using only long position holdings of the portfolio.Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Franklin Growth Opportunities R6--11.05%
Franklin Intl Small Cap Growth R6--10.45%
Franklin Growth R6--9.13%
Franklin Focused Core Equity R6--8.87%
Franklin Mutual International R6--5.91%
Data delayed at least 15 minutes, as of Jun 30 2016. Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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