2 / 5 Stars
3 3 4 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#11 in Target Date 2011-2015
U.S. News evaluated 46 Target Date 2011-2015 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 11.69 percent over the past year, 6.40 percent over the past three years, and 14.42 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.9%|
|3 Years (Annualized)||6.4%|
|5 Years (Annualized)||14.4%|
|10 Years (Annualized)||N/A|
The investment seeks long-term total return consistent with asset allocation. The investment manager allocates the fund's assets among the broad asset classes of equity and fixed-income investments by investing primarily in a distinctly-weighted combination of underlying funds, predominantly other Franklin Templeton mutual funds, based on each underlying fund's predominant asset class. These underlying funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income securities, but may also have exposure to derivative instruments.
Fees are Low compared to funds in the same category.
Franklin LifeSmart™ 2015 Retirement Target Fund has an expense ratio of 0.45 percent.
Risk is Average compared to funds in the same category according to Morningstar.