Franklin LifeSmart™ 2045 Retirement Target Fund

Class A (FTTAX)
Scorecard
1 / 5 Stars
Lipper
2 1 2 3 4
Zacks Investment Research
---
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 48 Target Date 2041-2045 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Franklin Templeton Investments funds

See full Target Date 2041-2045 rankings

See more fund rankings

Performance

The fund has returned 18.15 percent over the past year, 8.60 percent over the past three years, and 17.59 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date 1.2%
1 Year 18.1%
3 Years (Annualized) 8.6%
5 Years (Annualized) 17.6%
10 Years (Annualized) N/A

See more FTTAX performance

Summary

The investment seeks long-term total return consistent with its asset allocation. The investment manager allocates the fund's assets among the broad asset classes of equity, fixed-income and short-term (money market) 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, fixed-income and money market securities.

Fees

Fees are Above Average compared to funds in the same category.
Franklin LifeSmart™ 2045 Retirement Target Fund has an expense ratio of 0.38 percent.

See more FTTAX fees

Risk

Risk is Low compared to funds in the same category according to Morningstar.

See more FTTAX risk

See Also:

Top Franklin Templeton Investments Funds