Franklin LifeSmart 2040 Retirement Target Fund

Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2013
Fund without Sales Charge (%) (NAV) 6.98 5.26 4.17 6.55
Fund with Sales Charge (%) (POP) 6.98 5.26 4.17 6.55
Blended Benchmark (%) 6.07 5.05 5.16 7.21
MSCI All Country World Index (%) 5.98 5.74 5.85 9.05 7.89
Bloomberg Barclays Multiverse Index (%) 5.22 3.37 3.34 3.02 2.46
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2013
Fund without Sales Charge (%) (NAV) -9.20 1.51 1.79 4.56
Fund with Sales Charge (%) (POP) -9.20 1.51 1.79 4.56
Blended Benchmark (%) -9.37 1.72 2.87 5.33
MSCI All Country World Index (%) -10.76 2.05 3.41 6.45 5.79
Bloomberg Barclays Multiverse Index (%) 3.47 3.36 2.67 2.58 2.12

Calendar Year Returns

2019 2018 2017 2016 2015 2014
Fund without Sales Charge (%) (NAV) 21.68 -6.82 18.88 3.15 -1.72 6.08
Fund with Sales Charge (%) (POP) 21.68 -6.82 18.88 3.15 -1.72 6.08
Blended Benchmark (%) 22.84 -6.87 20.07 7.14 -1.85 7.26
MSCI All Country World Index (%) 27.30 -8.93 24.62 8.49 -1.84 4.71
Bloomberg Barclays Multiverse Index (%) 7.13 -1.36 7.69 2.84 -3.29 0.47

Cumulative Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2013
Fund without Sales Charge (%) (NAV) -5.34 6.98 16.64 22.66 55.10
Fund with Sales Charge (%) (POP) -5.34 6.98 16.64 22.66 55.10
Blended Benchmark (%) -7.61 6.07 15.95 28.64 61.88
MSCI All Country World Index (%) -8.94 5.98 18.25 32.92 137.89 69.04
Bloomberg Barclays Multiverse Index (%) 1.57 5.22 10.44 17.84 34.63 18.34
Quarter EndAs of 03/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2013
Fund without Sales Charge (%) (NAV) -17.54 -9.20 4.59 9.26 35.10
Fund with Sales Charge (%) (POP) -17.54 -9.20 4.59 9.26 35.10
Blended Benchmark (%) -18.98 -9.37 5.25 15.22 41.95
MSCI All Country World Index (%) -21.26 -10.76 6.28 18.27 86.80 46.17
Bloomberg Barclays Multiverse Index (%) -1.11 3.47 10.44 14.08 28.99 15.22

After-Tax Average Annual Total Returns [further-information] As of 03/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 6.10 4.41 3.37
Fund without Sales Charge (%) (NAV) After Shares Sold 4.57 3.91 3.07
Fund with Sales Charge (%) (POP) Before Shares Sold 6.10 4.41 3.37
Fund with Sales Charge (%) (POP) After Shares Sold 4.57 3.91 3.07
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -9.94 0.69 1.01
Fund without Sales Charge (%) (NAV) After Shares Sold -4.95 1.10 1.29
Fund with Sales Charge (%) (POP) Before Shares Sold -9.94 0.69 1.01
Fund with Sales Charge (%) (POP) After Shares Sold -4.95 1.10 1.29

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.31%
Net Expense Ratio [further-information] 0.45%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.97
Alpha 0.07
Sharpe Ratio 0.32
R-Squared 0.98
Standard Deviation 13.37

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
  • Bloomberg Barclays Multiverse Index
The fund's blended benchmark is an allocation of 88% MSCI AC World Index and 12% 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. 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.