The Fund's investment strategy focuses on Flexible Portfolio with 0.17% total expense ratio. The minimum amount to invest in Franklin Fund Allocator Series: Franklin Global Allocation Fund; Advisor Class is $1,000 on a standard taxable account. Franklin Fund Allocator Series: Franklin Global Allocation Fund; Advisor Class seeks the highest level of long-term total return that is consistent with an acceptable level of risk, which is believed a level of risk consistent with a moderate to growth-oriented investor. FFAAX invests in diversified portfolio of debt and equity securities and, to a lesser extent, alternative strategies.