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Franklin LifeSmart 2050 Retirement Target Fund (FRLEX)

14.41 +0.12 (+0.84%)
At close: 8:00 PM EDT

Investment Information

Min Initial Investment
1,000
Min Initial Investment, IRA
2.5
Min Initial Investment, AIP
0.25
Min Subsequent Investment
25
Min Subsequent Investment, IRA
--
Min Subsequent Investment, AIP
--

Broker Availability

  • Commonwealth Universe
  • Kestra Financial
  • Commonwealth (PPS Access Program)
  • Commonwealth (NTF - PPS/Advisory)
  • Commonwealth (PPS/Advisory)

Fund Summary

Under normal market conditions, the investment manager allocates the fund's assets among the broad asset classes of equity and fixed income investments and strategies by investing primarily in a distinctly-weighted combination of underlying funds, predominantly other Franklin Templeton and Legg Mason mutual funds and ETFs and third-party ETFs, based on each underlying fund's predominant asset class and strategy. The underlying funds may invest in all types of U.S. and foreign securities and may engage in strategies that employ derivative instruments.

Fund Overview

Category Target-Date 2050
Fund Family Franklin Templeton Investments
Net Assets 47.68M
YTD Return 9.17%
Yield 1.82%
Morningstar Rating
Inception Date Jul 01, 2013

Performance & Risk

YTD Return 5.34%
5y Average Return 9.20%
Rank in Category (ytd) 5
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.25
Morningstar Risk Rating

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