Franklin LifeSmart 2020 Retirement Target Fund

Average Annual Total Returns [further-information] As of 12/31/2020

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 12/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2013
Fund without Sales Charge (%) (NAV) 8.79 5.70 6.18 5.77
Fund with Sales Charge (%) (POP) 8.79 5.70 6.18 5.77
Blended Benchmark (%) 11.69 7.22 8.35 7.45
MSCI All Country World Index (%) 16.82 10.64 12.85 9.71 10.87
Bloomberg Barclays Multiverse Index (%) 9.02 4.83 4.99 2.98 3.24
Quarter EndAs of 12/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2013
Fund without Sales Charge (%) (NAV) 8.79 5.70 6.18 5.77
Fund with Sales Charge (%) (POP) 8.79 5.70 6.18 5.77
Blended Benchmark (%) 11.69 7.22 8.35 7.45
MSCI All Country World Index (%) 16.82 10.64 12.85 9.71 10.87
Bloomberg Barclays Multiverse Index (%) 9.02 4.83 4.99 2.98 3.24

After-Tax Average Annual Total Returns [further-information] As of 12/31/2020

No chart available for this data.
Month EndAs of 12/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold
No chart available for this data.
Quarter EndAs of 12/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold
Fund without Sales Charge (%) (NAV) After Shares Sold
Fund with Sales Charge (%) (POP) Before Shares Sold
Fund with Sales Charge (%) (POP) After Shares Sold

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 2015 2014
Fund without Sales Charge (%) (NAV) 8.79 13.25 -4.14 11.26 2.74 -2.35 4.61
Fund with Sales Charge (%) (POP) 8.79 13.25 -4.14 11.26 2.74 -2.35 4.61
Blended Benchmark (%) 11.69 15.15 -4.16 14.70 5.62 -2.15 6.84
MSCI All Country World Index (%) 16.82 27.30 -8.93 24.62 8.49 -1.84 4.71
Bloomberg Barclays Multiverse Index (%) 9.02 7.13 -1.36 7.69 2.84 -3.29 0.47

Cumulative Total Returns [further-information] As of 12/31/2020

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 12/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2013
Fund without Sales Charge (%) (NAV) 6.44 8.79 8.79 18.10 34.99 52.36
Fund with Sales Charge (%) (POP) 6.44 8.79 8.79 18.10 34.99 52.36
Blended Benchmark (%) 8.93 11.69 11.69 23.27 49.33 71.41
MSCI All Country World Index (%) 14.79 16.82 16.82 35.43 83.10 152.71 116.86
Bloomberg Barclays Multiverse Index (%) 3.52 9.02 9.02 15.21 27.59 34.19 27.02
Quarter EndAs of 12/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2013
Fund without Sales Charge (%) (NAV) 6.44 8.79 8.79 18.10 34.99 52.36
Fund with Sales Charge (%) (POP) 6.44 8.79 8.79 18.10 34.99 52.36
Blended Benchmark (%) 8.93 11.69 11.69 23.27 49.33 71.41
MSCI All Country World Index (%) 14.79 16.82 16.82 35.43 83.10 152.71 116.86
Bloomberg Barclays Multiverse Index (%) 3.52 9.02 9.02 15.21 27.59 34.19 27.02

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 9.07 7.75
Standard Deviation (Blended Benchmark) 9.70 8.20
Alpha -0.97 -1.35
Beta 0.91 0.90
Sharpe Ratio 0.47 0.65
Information Ratio -0.71 -0.89
Tracking Error 2.14 2.43
R-Squared 0.95 0.91

ADDITIONAL RISK STATISTICSAs of 12/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.96
Beta Bull 0.81 0.87
Beta Bear 0.98 1.03
Bull Bear Capture Ratio 0.90 0.87
% of Positive Months 69.44 73.33
Gains/Losses 1.66 1.93
Maximum Drawdown
10.93 10.93

SALES CHARGE, EXPENSES & FEES As of (updated annually)

Gross Expense Ratio
Max Initial Sales Charge
CDSC