Franklin LifeSmart 2020 Retirement Target Fund

Average Annual Total Returns [further-information] As of 06/30/2020

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 08/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2013
Fund without Sales Charge (%) (NAV) 9.02 5.70 5.65 5.95
Fund with Sales Charge (%) (POP) 9.02 5.70 5.65 5.95
Blended Benchmark (%) 10.13 6.10 7.02 6.80
MSCI All Country World Index (%) 17.12 9.56 10.80 10.49 9.78
Bloomberg Barclays Multiverse Index (%) 5.44 3.87 4.24 2.79 2.96
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/01/2013
Fund without Sales Charge (%) (NAV) 2.95 4.40 3.69 5.27
Fund with Sales Charge (%) (POP) 2.95 4.40 3.69 5.27
Blended Benchmark (%) 2.52 4.66 4.90 5.92
MSCI All Country World Index (%) 2.64 6.70 7.03 9.74 8.28
Bloomberg Barclays Multiverse Index (%) 3.84 3.71 3.63 2.96 2.57

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.
2019 2018 2017 2016 2015 2014
Fund without Sales Charge (%) (NAV) 13.83 -3.57 11.93 3.33 -1.80 5.14
Fund with Sales Charge (%) (POP) 13.83 -3.57 11.93 3.33 -1.80 5.14
Blended Benchmark (%) 15.15 -4.16 14.70 5.62 -2.15 6.84
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 06/30/2020

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 08/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2013
Fund without Sales Charge (%) (NAV) 4.17 9.02 18.10 31.66 51.35
Fund with Sales Charge (%) (POP) 4.17 9.02 18.10 31.66 51.35
Blended Benchmark (%) 4.40 10.13 19.46 40.40 60.22
MSCI All Country World Index (%) 5.12 17.12 31.52 67.04 171.23 95.14
Bloomberg Barclays Multiverse Index (%) 5.77 5.44 12.06 23.09 31.70 23.23
Quarter EndAs of 06/30/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/01/2013
Fund without Sales Charge (%) (NAV) -1.39 2.95 13.77 19.88 43.27
Fund with Sales Charge (%) (POP) -1.39 2.95 13.77 19.88 43.27
Blended Benchmark (%) -2.58 2.52 14.64 27.01 49.52
MSCI All Country World Index (%) -5.99 2.64 21.48 40.47 153.31 74.52
Bloomberg Barclays Multiverse Index (%) 2.53 3.84 11.57 19.52 33.85 19.46

After-Tax Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 08/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.03 4.69 4.73
Fund without Sales Charge (%) (NAV) After Shares Sold 5.39 4.00 4.05
Fund with Sales Charge (%) (POP) Before Shares Sold 8.03 4.69 4.73
Fund with Sales Charge (%) (POP) After Shares Sold 5.39 4.00 4.05
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.01 3.39 2.78
Fund without Sales Charge (%) (NAV) After Shares Sold 1.82 3.01 2.52
Fund with Sales Charge (%) (POP) Before Shares Sold 2.01 3.39 2.78
Fund with Sales Charge (%) (POP) After Shares Sold 1.82 3.01 2.52

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

Gross Expense Ratio
Max Initial Sales Charge
CDSC