Fund Description

Franklin Corefolio Allocation Fund seeks capital appreciation through a diversified, multidisciplined approach. It targets both growth and value style investments by investing in approximately equal allocations of 25% to Franklin Growth Opportunities Fund, Franklin Growth Fund, Franklin Mutual Shares Fund and Templeton Growth Fund.

Strategy Statement

"As a result of the strategies utilized by its underlying funds, we believe the fund provides a diversified approach across investing styles, offering potential for long-term growth."

Management

Thomas Nelson, CFA

Thomas Nelson, CFA®

  • Joined Franklin Templeton in 2007
  • Managed Fund Since 2019
May Tong, CFA

May Tong, CFA®

  • Joined Franklin Templeton in 2018
  • Managed Fund Since 2019

Rating

Overall Morningstar Rating As of 10/31/2019

Rating Category: Allocation--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 10/31/2019

Years Ratings Funds
in category
3
4 Stars
161
5
3 Stars
142
10
4 Stars
98

Morningstar Style Box As of09/30/2019

Strategy, Benefits, Results

Strategy

  • We invest in four underlying funds—Franklin Growth Opportunities Fund, Franklin Growth Fund, Templeton Growth Fund and Franklin Mutual Shares Fund.
  • These underlying funds form a portfolio consisting of both growth- and value-style stocks from around the world across a range of market capitalizations.

Benefits

  • Diversification. We typically seek broad industry and country exposures for added diversification opportunities.
  • Low Common Holdings. The distinct investment approaches of the underlying managers generally leads to a low number of holdings common to all four underlying funds.
  • Automatic Rebalancing. We maintain consistent exposures to distinct investment strategies throughout changing market environments.

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • Because the Fund invests in underlying funds that may engage in a variety of investment strategies involving certain risks, this fund of funds may be subject to those same risks.
  • Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
  • Growth stock prices reflect projections of future earnings or revenues, and can therefore fall dramatically if the company fails to meet those projections.
  • Value securities may not increase in price as anticipated or may decline further in value.
  • Foreign investing carries additional risks such as currency and market volatility, and political or social instability; risks which are heightened in developing countries.
  • These and other risks, including investments in specialized industry sectors such as the technology sector, which has been among the most volatile in the market, are discussed in the fund's prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your advisor about whether this fund is appropriate for you.

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