06/13/2025
Multi-Asset
Franklin VolSmart Allocation VIP Fund
Popular Documents
Total Net Assets
$132.81M
As of 09/30/2025 (Updated Monthly)
Fund liquidated
This fund was liquidated at the close of market on October 17, 2025.
Overview
Fund Facts
Fund description
The fund seeks total return (including income and capital gains) while seeking to manage volatility. The fund is primarily invested in a “core portfolio,” which includes a diversified set of predominately US equity and fixed income strategies. In seeking to manage the fund's volatility, the investment manager seeks to minimize potential dramatic and rapid price swings which could be experienced by the “core portfolio,” so that fund volatility does not exceed its target of 10% per year.
- Benchmark
2 - S&P 500 Index
- Additional Benchmark
- Bloomberg US Aggregate Index
- Additional Benchmark
- Blended Benchmark
- Fund Inception Date
- N/A
- Share Class Inception Date
- N/A
Identifiers
- Ticker
- N/A
- Fund Number
- N/A
- CUSIP Code
- N/A
- Bloomberg Code
- N/A
Additional Fund Info
- Asset Class
- N/A
- Morningstar Category
5 - Moderate Allocation
- Lipper Classification
- N/A
- Investment Style
- N/A
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.
Franklin Templeton Investment Solutions
Latest Insights
December 8, 2025
October 13, 2025
July 17, 2025
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Documents
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Financial Statements and Other Information - Franklin VolSmart Allocation VIP Fund | |||
| Annual Report - Franklin VolSmart Allocation VIP Fund - Class 5 | |||
| Semi-Annual Report - Franklin VolSmart Allocation VIP Fund - Class 5 | |||
| Semi-Annual Financial Statements and Other Information - Franklin VolSmart Allocation VIP Fund | |||
| Prospectus - Franklin Templeton Variable Insurance Products | |||
| Summary Prospectus - Franklin Managed Volatility Global Allocation Fund VIP | |||
| Statement of Additional Information - Franklin Templeton Variable Insurance Products | |||
| Fiscal Q1 Holdings - Franklin Templeton Variable Insurance Products | |||
| Fiscal Q3 Holdings - Franklin Templeton Variable Insurance Products |
Risks
All investments involve risks, including possible loss of principal. There can be no guarantee that the fund will stay within its target volatility. There can be no guarantee that the fund's volatility strategy will be successful, and achieving the fund's volatility strategy does not mean the fund will achieve a positive or competitive return. The volatility strategy can also be expected to limit the fund’s participation in market price appreciation when compared to similar funds that do not attempt this strategy. Equity securities are subject to price fluctuation and possible loss of principal. 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. Investments in underlying funds are subject to the same risks as, and indirectly bear the fees and expenses of, the underlying funds. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.
Important Information
Franklin VolSmart Allocation VIP Fund is a series of Franklin Templeton Variable Insurance Products Trust, shares of which are generally sold only to insurance company separate accounts to serve as investment options for variable insurance products.
Past performance is no guarantee of future results. These portfolios are available as investment options under a variable annuity or variable life contract. Shares of the portfolios are offered only to insurance company separate accounts that fund certain variable annuity or life contracts. These portfolios may not be available in all states and may only be offered in certain variable products. Please refer to the prospectuses. Variable annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Withdrawals made prior to age 59 1/2 are subject to a 10% IRS penalty charge and/or surrender charges. Investments in a variable annuity are subject to market risks, including loss of principal. Guarantees are based on the claims-paying ability of the insurer.
VARIABLE ANNUITIES ARE SOLD BY PROSPECTUS ONLY. AN INVESTOR SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO CAREFULLY BEFORE INVESTING. THE PROSPECTUSES CONTAIN THIS AND OTHER IMPORTANT INFORMATION ABOUT THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO. FOR A FREE PROSPECTUS ON THE UNDERLYING PORTFOLIO, PLEASE CLICK ON THE PROSPECTUS LINK. AN INVESTOR SHOULD READ THE PROSPECTUSES CAREFULLY BEFORE INVESTING.
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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.
The Bloomberg US Aggregate Index is comprised of investment-grade, U.S. dollar-denominated government, corporate, and mortgage- and asset-backed issues having at least one year to maturity.
Source: Bloomberg Indices.
The S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization.
Source: © S&P Dow Jones Indices LLC. All rights reserved.
A target volatility is not total return performance — the investment manager does not expect, nor does it represent, that the strategy's total return performance would be any specific level or within any specified range or provide competitive returns. It is possible that the strategy could meet a target volatility level while having negative performance returns.
The actual volatility that the strategy experiences may be significantly higher or lower than that sought by the investment manager at any time and for any period of time. The use of derivative instruments in an effort to adjust exposures may at times increase volatility, for reasons including the economic leveraging effect of those instruments. In addition, the managed volatility strategy could limit the fund's performance in rising markets and may expose the fund to costs to which it would otherwise not have been exposed.
Franklin Distributors, LLC. Member FINRA/SIPC. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) 530-2432 for more information.