PRICE AND YTD RETURN As of 07/27/2016

NAV up $0.03 $14.81
POP $15.71
YTD Total return at Nav 3.76%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 06/30/2016

Sales Charge

1 YEAR RETURN -7.91%
10 YEAR RETURN 4.51%


Investment Category Target Risk
Distributions Quarterly
CUSIP 354 72P 307
Fund Number 485
Inception Date Dec 31, 1996
Total Net Assets (all share classes) As of 06/30/2016 $2,416.6 (M)
Distribution Rate at NAV N/A
30-Day Standardized yield

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

Gross Expense Ratio 1.29%
Net Expense Ratio 1.29%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

The manager allocates each Fund's assets among the broad asset classes of equity and fixed income investments by investing in a distinctly-weighted combination of Franklin Templeton mutual funds (underlying funds), based on each underlying fund's predominant asset class.

Strategy Statement

"For the Franklin Templeton Allocation Funds, we carefully analyze and select underlying Franklin Templeton funds utilizing a variety of quantitative and qualitative measures. "

T. Anthony Coffey, CFA®, MBA


T. Anthony Coffey, CFA, MBA

T. Anthony Coffey, CFA®, MBA

  • Joined Franklin Templeton in 1989
  • Managed Fund Since 2000
Thomas Nelson, CFA

Thomas Nelson, CFA®

  • Joined Franklin Templeton in 2007
  • Managed Fund Since 2012
James D. Macey, CFA, MBA

James D. Macey, CFA®, MBA

  • Joined Franklin Templeton in 2015
  • Managed Fund Since 2015

Strategy, Benefits, Results


  • The fund is designed to seek out the maximum long-term returns consistent with a moderate level of risk.
  • The fund's manager will actively allocate the fund's assets to equity and fixed income investments, seeking to construct portfolios the fund's manager believes are the best combinations of Franklin, Templeton and Franklin Mutual Series funds to meet the fund's goals.
  • Evaluating multiple factors such as regional exposure, market capitalizations, investment style, credit quality and duration, the objective is to create a portfolio of funds displaying a history of more consistent performance over the long term with low relative correlations among themselves.


  • Single-Fund Solution. Access to our world class investment management groups — Franklin, Templeton and Franklin Mutual Series — in one investment vehicle.
  • Diversification. Broad range of underlying funds provides diversification across style, sector and region.

Investing In The Fund

What Are the Risks?
  • While an asset allocation plan can be a valuable tool to help reduce overall volatility, all investments involve risks, including possible loss of principal.
  • Typically, the more aggressive the investment, or the greater the potential return, the more risk involved.
  • Generally, investors should be comfortable with some fluctuation in the value of their investments, especially over the short term.
  • Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
  • Bond prices generally move in the opposite direction of interest rates. Thus, as the prices of bonds in a fund adjust to a rise in interest rates, that fund’s share price may decline.
  • Foreign investing carries additional risks such as currency and market volatility and political or social instability, risks which are heightened in developing countries.
  • Because this fund invests in underlying funds, which may engage in a variety of investment strategies involving certain risks, Franklin Moderate Allocation Fund may be subject to those same risks.
  • These risks are described in the fund’s prospectus. Investors should consult their financial advisor for help selecting the appropriate fund of funds, or fund combination, based on an evaluation of their investment objectives and risk tolerance.

Minimum Investment


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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