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

13.20
Net Asset Value
-0.08%
1 Day
+11.30%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
5.75
Sales Expenses
1.68%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks the highest level of 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+2.17% 3 years+4.75%
3 months+5.60% 5 years+9.43%
1 year+13.81% Since inception+5.93%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+9.43%+10.11%
Expense ratio1.68%0.85%
Risk 5 year sharpe ratio1.051.13
Net assets$74.7M$1.3B
Average market cap$25.2B$35.4B
Average P/E20.219.3
Portfolio turnover76%76%

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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. stock48.71%
International stock26.17%
Fixed income19.72%
Cash4.82%
Other0.59%
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 R616.50%
FOPPX Franklin Growth Opportunities Fund Class R67.59%
FCAPX Franklin International Small Cap Growth Fund Class R67.10%
FRISX Franklin Rising Dividends Fund R6 Class6.66%
FLQE Franklin LibertyQ Emerging Markets ETF6.09%
FTFGX Templeton Foreign Fund Class R64.99%
FEFCX Franklin Focused Core Equity Fund Class R64.49%
XLF Financial Select Sector SPDR® Fund4.34%
FIMFX Franklin Mutual International Fund Class R64.20%
FLRRX Franklin Low Duration Total Return Fund Class R63.64%