FFALX

Franklin Founding Funds Allocation Fund

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

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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