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Franklin LifeSmart™ 2045 Retirement Target Fund Class A (FTTAX)

11.77
Net Asset Value
+0.09%
1 Day
+0.17%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
5.75
Sales Expenses
1.73%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment 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.

Performance

1 month+1.20% 3 years+2.24%
3 months-1.75% 5 years+7.10%
1 year-0.40% Since inception+5.22%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+7.10%+11.30%
Expense ratio1.73%0.89%
Risk 5 year sharpe ratio0.770.89
Net assets$72.2M$1.1B
Average market cap$20.7B$34.3B
Average P/E19.218.9
Portfolio turnover34%34%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureT. Anthony Coffey / 10 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock46.46%
International stock25.62%
Fixed income20.27%
Cash7.08%
Other0.56%
Top 5 Sectors
Portfolio weighting
Industrial materials 18.13%
Financial service 11.51%
Energy 11.10%
Consumer goods 10.08%
Healthcare 9.06%
Top 10 Holdings
Portfolio weighting
FIFRX Franklin Growth Series Class R615.90%
FOPPX Franklin Growth Opportunities Fund Class R69.14%
FRISX Franklin Rising Dividends Fund R6 Class8.85%
FCAPX Franklin International Small Cap Growth Fund Class R68.13%
IEMG iShares Core MSCI Emerging Markets ETF6.27%
FTFGX Templeton Foreign Fund Class R65.98%
FEFCX Franklin Focused Core Equity Fund Class R64.35%
FLRRX Franklin Low Duration Total Return Fund Class R64.11%
FIMFX Franklin Mutual International Fund Class R64.08%
IGF iShares Global Infrastructure ETF2.94%