Franklin Multi-Asset Real Return Fund

This fund or share class has been closed to new investors.

PRICE AND YTD RETURN As of 02/08/2016

NAV up $0.00 $8.77
POP $9.31
YTD Total return at Nav -2.88%
1 YEAR RETURN -11.91%
Since inception Inception: 12/19/2011 -1.68%


Investment Category Real Return
Distributions Annually
CUSIP 354 72P 471
Fund Number 056
Inception Date Dec 19, 2011
Total Net Assets (all share classes) As of 01/31/2016 $7.4 (M)
Distribution Rate at NAV N/A
30-Day Standardized yield N/A

SALES CHARGE, EXPENSES, & FEES As of 10/01/2015 (updated annually)

Gross Expense Ratio 2.04%
Net Expense Ratio 1.44%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

The fund seeks total return that exceeds U.S. inflation (real returns) over a full inflation cycle, typically 5 years, by using a flexible allocation strategy that is diversified across a broad spectrum of asset classes, including global equities, global fixed income (including Treasury Inflation-Protected Securities or "TIPS") and commodities.


Thomas Nelson, CFA

Thomas Nelson, CFA®

  • Joined Franklin Templeton in 2007
  • Managed Fund Since 2011
T. Anthony Coffey, CFA, MBA

T. Anthony Coffey, CFA®, MBA

  • Joined Franklin Templeton in 1989
  • Managed Fund Since 2011

Strategy, Benefits, Results


  • To help protect against inflation risk, the fund pairs a diversified multi-asset class portfolio with an analysis of the current inflationary environments.
  • The portfolio will be adjusted to overweight towards asset classes that tend to perform well during rising or falling inflationary cycles, based on current measures of inflation.
  • To help achieve its strategy, the fund invests predominantly in other Franklin Templeton mutual funds (underlying funds); it also invests a portion of its assets in TIPS. For more information on TIPS, please refer to section titled Investing in the Fund.


  • Broad Multi-Asset Diversification. The fund’s multi-asset approach may be attractive for investors seeking the benefits of diversification with a single portfolio.
  • Inflation Aware Investing. Actively adjusting portfolio allocations to address current inflation environments make this a viable option for investors who are concerned about inflation.

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