2 / 5 Stars
2 2 2 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
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.
The fund has returned 22.32 percent over the past year, 9.36 percent over the past three years, and 19.62 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.0%|
|3 Years (Annualized)||9.4%|
|5 Years (Annualized)||19.6%|
|10 Years (Annualized)||N/A|
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 are Above Average compared to funds in the same category.
Franklin LifeSmart™ 2045 Retirement Target Fund has an expense ratio of 0.45 percent.
Risk is Low compared to funds in the same category according to Morningstar.