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

12.89
Net Asset Value
+0.23%
1 Day
+8.68%
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+1.82% 3 years+4.67%
3 months+3.92% 5 years+9.22%
1 year+13.21% Since inception+5.84%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+9.22%+8.44%
Expense ratio1.68%0.86%
Risk 5 year sharpe ratio0.850.93
Net assets$73.8M$1.3B
Average market cap$24.6B$35.1B
Average P/E19.819.5
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. stock48.33%
International stock26.07%
Fixed income20.77%
Cash4.21%
Other0.62%
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%