Franklin LifeSmart 2055 Retirement Target Fund

Average Annual Total Returns [further-information] As of 08/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 08/31/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2015
Fund without Sales Charge (%) (NAV) 25.50 13.48 12.65 9.34
Fund with Sales Charge (%) (POP) 18.63 11.35 11.39 8.37
Blended Benchmark (%) 27.14 13.96 12.86 9.86 9.93
MSCI All Country World Index-NR (%) 28.64 14.34 14.30 11.27 10.74
Bloomberg Multiverse Index (%) 0.92 4.67 2.66 2.01 3.19
Quarter EndAs of 06/30/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 05/01/2015
Fund without Sales Charge (%) (NAV) 34.78 13.53 12.70 9.03
Fund with Sales Charge (%) (POP) 27.40 11.40 11.45 8.04
Blended Benchmark (%) 37.26 13.94 13.01 8.78 9.67
MSCI All Country World Index-NR (%) 39.26 14.56 14.62 9.90 10.48
Bloomberg Multiverse Index (%) 3.19 4.34 2.57 2.23 3.14

After-Tax Average Annual Total Returns [further-information] As of 08/31/2021

Month EndAs of 08/31/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 24.56 12.64 11.90
Fund without Sales Charge (%) (NAV) After Shares Sold 15.40 10.32 9.88
Fund with Sales Charge (%) (POP) Before Shares Sold 17.74 10.54 10.64
Fund with Sales Charge (%) (POP) After Shares Sold 11.32 8.63 8.84
Quarter EndAs of 06/30/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 33.77 12.70 11.95
Fund without Sales Charge (%) (NAV) After Shares Sold 20.95 10.38 9.94
Fund with Sales Charge (%) (POP) Before Shares Sold 26.44 10.58 10.70
Fund with Sales Charge (%) (POP) After Shares Sold 16.56 8.68 8.90

Calendar Year Returns

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
2020 2019 2018 2017 2016
Fund without Sales Charge (%) (NAV) 15.95 22.39 -7.37 19.06 3.13
Fund with Sales Charge (%) (POP) 9.58 15.60 -12.44 12.19 -2.80
Blended Benchmark (%) 16.01 23.04 -7.52 20.08 6.80
MSCI All Country World Index-NR (%) 16.25 26.60 -9.42 23.97 7.86
Bloomberg Multiverse Index (%) 9.02 7.13 -1.36 7.69 2.84

Cumulative Total Returns [further-information] As of 08/31/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 08/31/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2015
Fund without Sales Charge (%) (NAV) 4.35 15.31 25.50 46.12 81.37 76.07
Fund with Sales Charge (%) (POP) -1.37 8.97 18.63 38.08 71.46 66.42
Blended Benchmark (%) 4.34 14.95 27.14 48.02 83.09 156.08 82.17
MSCI All Country World Index-NR (%) 4.57 15.91 28.64 49.48 95.04 190.89 90.82
Bloomberg Multiverse Index (%) 0.06 -2.09 0.92 14.67 14.00 21.97 22.05
Quarter EndAs of 06/30/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 05/01/2015
Fund without Sales Charge (%) (NAV) 6.68 11.60 34.78 46.32 81.84 70.40
Fund with Sales Charge (%) (POP) 0.79 5.46 27.40 38.24 71.91 61.06
Blended Benchmark (%) 7.09 11.50 37.26 47.94 84.32 132.00 76.71
MSCI All Country World Index-NR (%) 7.39 12.30 39.26 50.37 97.78 157.00 84.88
Bloomberg Multiverse Index (%) 1.45 -2.95 3.19 13.59 13.54 24.69 20.97

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 08/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.73 12.58
Standard Deviation (Blended Benchmark) 16.39 13.20 12.05
Alpha 0.09 0.38
Beta 0.95 0.95
Sharpe Ratio 0.79 0.92
Information Ratio -0.24 -0.12
Tracking Error 2.06 1.79
R-Squared 0.99 0.98

ADDITIONAL RISK STATISTICSAs of 08/31/2021 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.99 0.99
Beta Bull 0.92 0.92
Beta Bear 0.96 0.98
Bull Bear Capture Ratio 0.98 1.01
% of Positive Months 72.22 76.67
Gains/Losses 1.93 2.25
Maximum Drawdown
18.83 18.83

SALES CHARGE, EXPENSES & FEES As of 05/01/2021 (updated annually)

Gross Expense Ratio 2.30%
Net Expense Ratio [further-information] 0.70%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 08/31/2021 Updated Monthly, based on a 3-year period

Beta 0.95
Alpha 0.09
Sharpe Ratio 0.79
R-Squared 0.99
Standard Deviation 15.73

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Blended Benchmark
  • MSCI All Country World Index-NR
  • Bloomberg Multiverse Index
The fund's blended benchmark is an allocation of 95% MSCI AC World Index-NR and 5% Bloomberg Barclays Multiverse Index. Allocations for the fund's Blended Benchmark reflect or map the fund's current target asset class allocations and may not be representative of the fund's historical asset class allocations. Performance for the Blended Benchmark is based on an asset class allocation that matches the glide path of the Franklin LifeSmart Funds over time. Prior to May 1, 2019, the Blended Benchmark had an allocation to FTSE 3-Month U.S. T-Bill Index. Such changes impact performance. Benchmark is based on asset class allocations that matches the glide pat of the Franklin LifeSmart Funds over time. Effective January 29, 2021, the fund changed its primary equity benchmark from MSCI All Country World Index (MSCIACWI) gross of taxes on dividends to MSCI ACWI net of taxes on dividends. Prior to May 1, 2019, the Blended Benchmark has an allocation to the FTSE 3-Month U.S. T-Bill Index. Such changes impact performance.