FFALX

Franklin Founding Funds Allocation Fund

PRICE AND YTD RETURN As of 05/04/2016

NAV down $-0.10 $12.27
POP $13.02
YTD Total return at Nav 1.07%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 03/31/2016

Sales Charge

1 YEAR RETURN -12.50%
5 YEAR RETURN 4.19%
10 YEAR RETURN 3.16%

KEY STATS

Investment Category Fund of Funds
Distributions Semiannually
CUSIP 354 72P 844
Fund Number 481
Inception Date Aug 15, 2003
Total Net Assets (all share classes) As of 04/30/2016 $4,858.1 (M)
Distribution Rate at NAV N/A
30-Day Standardized yield N/A

SALES CHARGE, EXPENSES, & FEES As of 05/01/2016 (updated annually)

Gross Expense Ratio 1.00%
Net Expense Ratio 1.00%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

Franklin Founding Funds Allocation Fund seeks capital appreciation through a diversified, value oriented approach — investing in a fixed allocation of three Franklin Templeton mutual funds that specifically target stock and bonds trading at a discount to their true worth. The fund seeks income as a secondary goal.

Strategy Statement

"As a result of the value-driven strategies utilized by its underlying funds, the fund seeks to provide growth over the long term while offering diversification that can help reduce overall risk. "

T. Anthony Coffey, CFA®, MBA

Management

T. Anthony Coffey, CFA, MBA

T. Anthony Coffey, CFA®, MBA

  • Joined Franklin Templeton in 1989
  • Managed Fund Since 2003

Overall Morningstar Rating As of 03/31/2016

Rating Category: Aggressive Allocation

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 03/31/2016

Years Ratings Funds
in category
3
1 Stars
382
5
2 Stars
319
10
2 Stars
239

Morningstar Style Box

We do not publish a style box for this fund.

Strategy, Benefits, Results

Strategy

  • The fund equally allocates its assets to three cornerstone funds each with a 50-year track record run independently by the Franklin, Templeton or Franklin Mutual Series management groups.
  • These underlying funds ­– Franklin Income Fund, Templeton Growth Fund and Franklin Mutual Shares Fund – invest in attractively valued stocks and bonds in the U.S. and abroad.

Benefits

  • Diversification. The fund typically displays broad industry and country exposures for added diversification opportunities.
  • Low Common Holdings. The distinct investment approaches of the underlying managers generally leads to a very low number of holdings common to all three underlying funds.
  • Automatic Rebalancing. Helps maintain consistent exposures to the 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, Franklin Founding Funds Allocation Fund may be subject to these same risks.
  • Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
  • Bonds are affected by changes in interest rates and the credit worthiness of their issuers. Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds adjust to a rise in interest rates, the fund’s share price may decline.
  • Higher-yielding, lower-rated corporate bonds entail a greater degree of credit risk compared to investment-grade securities.
  • Foreign investing carries additional risks such as currency and market volatility and political or social instability; risks which are heightened in developing countries.
  • Value securities may not increase in price as anticipated or may decline further in value.
  • These and other risks are discussed in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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