Fund Description

The fund seeks the highest level of long-term total return that is consistent with an acceptable level of risk by investing in a diversified portfolio of debt and equity securities and, to a lesser extent, alternative strategies. The fund may shift its investments from one asset class to another based on the investment manager’s analysis of the best opportunities for the fund’s portfolio in a given market. Under normal market conditions, at least 40% of the fund’s net assets are invested in non-US investments, including in emerging markets.

Strategy Statement

"We combine quantitative techniques with three sources of investment research—macroeconomic, asset class and fundamental—to offer investors a highly diversified portfolio accessed through a single investment decision."

Todd Brighton, CFA®

Management

Edward D. Perks, CFA

Edward D. Perks, CFA®

  • Joined Franklin Templeton in 1992
  • Managed Fund Since 2021
Todd Brighton, CFA

Todd Brighton, CFA®

  • Joined Franklin Templeton in 2000
  • Managed Fund Since 2021
Gene Podkaminer, CFA

Gene Podkaminer, CFA®

  • Joined Franklin Templeton in 2018
  • Managed Fund Since 2021

Rating

Overall Morningstar Rating As of 01/31/2021

Rating Category: Allocation--70% to 85% Equity

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating As of 01/31/2021

Years Ratings Funds
in category
3
1 Stars
304
5
1 Stars
274
10
1 Stars
186

Morningstar Style Box

We do not publish a style box for this fund.

Strategy, Benefits, Results

Strategy

  • Portfolio managers select from a wide universe of securities across asset classes, regions and sectors.
  • Final roster of investments decided based on multiple sources of research, leveraging insights from Franklin Templeton’s global network of investment professionals.
  • The fund’s portfolio is regularly monitored and adjusted, reflecting market views of the investment team.

Benefits

  • Strategically aligned with the investment team’s Investment Strategy and Research Committee
  • Globally diversified allocation strategy designed to deliver total return from capital appreciation and income
  • Actively managed at the asset class, sector, and security level to navigate changing market environments