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

Net Asset Value
1 Day
Overall Morningstar Rating
Target-date 2045
Style or Category
Sales Expenses
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.


1 month-0.67% 3 years+2.87%
3 months+0.93% 5 years+7.47%
1 year+0.29% Since inception+5.43%
Data through --

Peer Comparisonvs. Target-date 2045

Performance 5-yr return+7.47%+11.30%
Expense ratio1.73%0.90%
Risk 5 year sharpe ratio0.931.05
Net assets$72.7M$1.1B
Average market cap$20.7B$34.4B
Average P/E19.218.7
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


U.S. stock46.46%
International stock25.62%
Fixed income20.27%
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%