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Managed Strategy Since 2023
Alternatives
Franklin Templeton Alternative Completion Portfolios
Popular Documents
Year to Date Returns (Net)
3.47%
As of 09/30/2025
Year to Date Returns (Pure Gross)
5.78%
Overview
Product Facts
Strategy description
The Franklin Templeton Alternative Completion Portfolio is an optimized, global allocation that seeks to complement traditional equity and fixed income by investing in affiliated funds and third-party ETFs that offer more flexibility from traditional investment constraints.
- Benchmark
- HFRX GLOBAL HEDGE FUND INDEX
- Inception Date
- 03/31/2018
- Asset Class
- Alternatives
- Number of Issuers
As of 09/30/2025 (Updated Monthly) - 6
Average Annual Total Returns As of 10/31/2025
- 3.31%1 Year
- 2.23%3 Years
- -1.13%5 Years
- —10 Years
- -1.57%Since Inception
03/31/2018
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Manager and Commentary
About the Team
Franklin Templeton Investment Solutions
Franklin Templeton Investment Solutions (FTIS) is a leader in multi-asset, quantitative, and hedged solutions, leveraging a global network of investment teams to offer innovative and diversified strategies. With a focus on long-term investing, we combine deep research, active management, and data-driven insights to create solutions which seek to meet the evolving needs of investors worldwide.
Commentary Highlights
September 30, 2025- Markets: Global equities posted strong gains in the second quarter of 2025. The quarter began with US President Donald Trump’s announcement of reciprocal tariffs that were more sweeping and severe than many had expected, leading to significant financial market volatility. However, global trade tensions eased during the rest of the quarter as the United States delayed planned tariff hikes, reducing investor fears of a global recession. Credit markets broadly witnessed positive absolute returns over the period, as spreads tightened. Higher-rated credits generally underperformed their lower-rated counterparts. Unlike equities, major commodity indices never fully recovered from the selloff that followed the president’s flurry of tariff announcements—much of which remained unsettled at the end of June.
- Contributors: BrandywineGLOBAL – Global Unconstrained Bond Fund was the leading contributor.
- Detractors: Virtus AlphaSimplex Managed Futures Strategy Fund posted the lowest.
- Outlook: Strengthening leading economic indicators are improving our medium-term economic outlook, although some hard data has begun to weaken at the margins. Positive news flow and expectations around trade negotiations support current momentum for equities, but we see limited upside following the recent rally. We are more cautious, broadly speaking, around the outlook for fixed income and commodities
Franklin Templeton Investment Solutions
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Managed Strategy Since 2023
Latest Insights
November 7, 2025
October 13, 2025
July 17, 2025
Composite Performance
Calendar Year Returns
As of 09/30/2025
Franklin Templeton Alternative Completion Portfolios - Net (%)
Franklin Templeton Alternative Completion Portfolios - Pure Gross (%)
HFRX GLOBAL HEDGE FUND INDEX (%)
The strategy returns shown are preliminary composite returns, subject to future revision (downward or upward). Past performance is not a guarantee of future results. An investment in this strategy can lose value.
Performance data represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. Periods less than one year are not annualized. Performance results are for the composite which includes all actual, fully discretionary accounts with substantially similar investment policies and objectives managed to the composite's investment strategy. Composite returns are stated in U.S. dollars and assume reinvestment of any dividends, interest income, capital gains, or other earnings. The composite may include account(s) that are gross of fees and pure gross of fees. “Pure” gross-of-fee returns do not reflect the deduction of any expenses, including transaction costs. A traditional (or "true") gross-of-fee return reflects performance after the reduction of transaction costs but before the reduction of the investment advisory fee. The gross-of-fee return may include a blend of "true" gross-of-fee returns for non-wrap accounts and "pure” gross-of-fee returns for wrap accounts. Net-of-fee returns is reduced by a model “wrap fee” (3.0% is the maximum anticipated wrap fee for equity and balanced portfolios) which includes trading expenses as well as investment management, administrative and custodial fees. The model wrap fee used represents the highest anticipated wrap fee applicable to the strategy. Actual fees and account minimums may vary.
For fee schedules, contact your financial professional, or if you enter into an agreement directly with Franklin Templeton Private Portfolio Group, LLC (“FTPPG”), refer to FTPPG’s Form ADV Part 2A disclosure document. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Portfolio
Positions
As of 09/30/2025 (Updated Quarterly)
Number of Issuers
- Portfolio
- 6
Portfolio Statistics
As of 09/30/2025 (Updated Quarterly)
Current Yield 1
- Portfolio
- 6.49%
Portfolio characteristics are based on a model portfolio, not an actual client account. The model portfolio is a hypothetical portfolio whereby the portfolio characteristics are based on simulated trading and account activity of a client account invested in this strategy. The model portfolio assumes no withdrawals, contributions or client-imposed restrictions. Portfolio characteristics of individual client accounts may differ from those of the model portfolio as a result of account size, client-imposed restrictions, the timing of client investments, market conditions, contributions, withdrawals and other factors.
Top Holdings
As of 09/30/2025 (Updated Quarterly)
| Holdings | Portfolio |
|---|---|
BlackRock Large Cap Srs Fds, BlackRock Event Driven Equity Fd Inst Shs | 24.64% |
NYLI Merger Arbitrage ETF | 21.73% |
BrandywineGLOBAL - Multi-Sector Opportunities Fund - Class IS | 18.69% |
K2 Alternative Strategies Fund - Advisor Class | 15.24% |
Virtus AlphaSimplex Managed Futures Strategy Fund Class I | 9.58% |
Documents
Product Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Franklin Templeton Alternative Completion Portfolio | |||
| Product Commentary - Franklin Templeton Alternative Completion Portfolios | |||
| FTPPG Regulatory Disclosures |
Risks
All investments involve risks, including possible loss of principal. The allocation of assets among different strategies, asset classes and investments may not prove beneficial or produce the desired results. The investment style may become out of favor, which may have a negative impact on performance. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Equity securities are subject to price fluctuation and possible loss of principal. Investments in underlying funds are subject to the same risks as, and indirectly bear the fees and expenses of, the underlying funds. Liquidity risk exists when securities or other investments become more difficult to sell, or are unable to be sold, at the price at which they have been valued. Active management does not ensure gains or protect against market declines. The portfolio is non-diversified and may invest in a relatively small number of issuers, which may negatively impact the performance and result in greater fluctuation in value. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks.
Important Information
Separately Managed Accounts (SMAs) are investment services provided by Franklin Templeton Private Portfolio Group, LLC (FTPPG), a federally registered investment advisor. Client portfolios are managed based on investment instructions or advice provided by one or more of the following Franklin Templeton affiliated subadvisors: Franklin Templeton Investment Solutions. Management is implemented by FTPPG, the designated subadvisor or, in the case of certain programs, the program sponsor or its designee.
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. Returns reflect reinvestment of dividends and capital gains. Performance figures for periods shorter than one year represent cumulative figures and are not annualized. All performance is reported in US dollars.
ClearBridge Investments, LLC, Franklin Templeton Investment Solutions, Martin Currie, Royce Investment Partners, Western Asset Management Company, LLC, and Franklin Templeton claim compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Professional money management may not be suitable for all investors. Factual information relating to the securities discussed was obtained from sources believed to be reliable, but there can be no guarantee as to its accuracy. It should not be assumed that investments made in the future will be profitable or will equal the performance of the securities discussed in the material.
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Franklin Templeton (FT) is not undertaking to provide impartial advice. Nothing herein is intended to provide fiduciary advice. FT has a financial interest.
Important data provider notices and terms available at www.franklintempletondatasources.com.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Monthly reporting HFRX Index constituents are comprised of private hedge funds. The HFRX Global Hedge Fund Index is designed to be representative of the overall composition of the hedge fund universe. It is comprised of all eligible hedge fund strategies, including but not limited to convertible arbitrage, distressed securities, equity hedge, equity market neutral, event driven, macro, merger arbitrage, and relative value arbitrage. The strategies are asset weighted based on the distribution of assets in the hedge fund industry.
Source: Hedge Fund Research, Inc. The HFR indices are being used under license from Hedge Fund Research, Inc., which does not endorse or approve of any of the contents of this report. Unlike most asset class indexes, the HFR Index reflect fees and expenses.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.