Franklin Templeton Model Portfolios Now on Envestnet Platform

From Franklin Templeton
contact Rebecca Radosevich
Telephone (212) 632-3207

San Mateo, CA, June 30, 2020 – Franklin Templeton today announced the availability of its suite of a dozen outcome model portfolios through the Envestnet platform. Envestnet, Inc. [NYSE: ENV] is a leading provider of intelligent systems for wealth management and financial wellness. 

“Franklin Templeton’s models are designed for pursuing defined outcomes amid changing markets and are routinely adjusted to capitalize on short-term opportunities or to mitigate short-term risk,” said Pierre Caramazza, head of Financial Institutions Group at Franklin Templeton. “We’re excited to be working with Envestnet and providing advisors the tools that will help them to streamline their process and to provide customized, outcome-oriented client portfolios in a scalable way.” 

The 12 outcome model portfolios include five strategies that prioritize generating income, either as primary or as part of a total return objective (Income, Tax-Advantaged Income, Growth & Income, Growth & Enhanced Income, Tax-Advantaged Growth & Income), four strategies that seek a level of capital appreciation (Conservative Growth, Moderate Growth, Growth, Equity Growth), two strategies aimed at protecting assets from meaningful loss (Stability, Tax-Advantaged Stability) as well as a strategy geared toward protecting assets in a rising interest rate environment (Rising Rate Defense). Each portfolio is aligned with specific intended outcomes and will hold roughly five to 12 underlying mutual funds and ETFs. The three tax-advantaged portfolios are included as options for clients with high tax sensitivities. 

Ed Perks, CIO of Franklin Templeton Multi-Asset Solutions and portfolio manager of Franklin Income Fund since 2002, leads the 60+ member team that manages the models now available through the Envestnet platform. 

“Our models are routinely stress-tested against different ‘what if’ market scenarios, and results are monitored and analyzed by an independent and dedicated team of risk specialists who provide timely performance insights and investment risk analytics,” said Perks. “Our portfolio construction experts look through and across asset classes to assemble each model to ensure targeted diversification among asset classes, regions and sectors—using a wide range of active, passive and smart beta investments.”

Franklin Templeton has been managing multi-asset solutions for more than 70 years and has been delivering multi-asset solutions through model portfolios since 1999, including custom solutions. Franklin Templeton Multi-Asset Solutions currently manages over 100 model portfolios, including model portfolios tailored to specific client needs. The inception of its original multi-asset solution in 1948, Franklin Income Fund, has been managed by Perks since 2002.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton. Franklin Templeton’s goal is to deliver better outcomes by providing global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the Company has expertise across all asset classes, including equity, fixed income, alternatives and custom multi-asset solutions. The Company’s more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With employees in over 30 countries, the California-based company has more than 70 years of investment experience and over $617 billion in assets under management as of May 31, 2020. For more information, please visit franklintempleton.com.

Franklin Templeton and Envestnet are separate and unaffiliated firms, and are not responsible for each other’s services or policies. This release should not be construed as a recommendation or endorsement of any particular product, service, or firm.

All financial decisions and investments involve risk, including possible loss of principal.

The Franklin Income Fund’s portfolio includes a substantial portion of higher-yielding, lower-rated corporate bonds and some floating rate loans, which are also higher-yielding and lower-rated. These investments have more credit risk than investment-grade securities and are subject to increased risk of default and potential loss of principal. The fund’s share price and yield will be affected by interest rate movements. Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline. Changes in the financial strength of a bond issuer or in a bond’s credit rating may affect its value. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. Foreign investing involves additional risks such as currency and market volatility, as well as political and social instability. These and other risk considerations are discussed in the fund’s prospectus.

Investors should carefully consider a fund’s investment goals, risks, charges and expenses before investing. To obtain a summary prospectus and/or prospectus, which contains this and other information, talk to your financial advisor, call us at (800) DIAL BEN / 342-5236 or visit franklintempleton.com.  Please carefully read a prospectus before you invest or send money.