About FGTIX
Franklin Growth Allocation Fund Class A is a multi-asset mutual fund designed as a "fund of funds," primarily seeking the highest level of long-term total return consistent with a higher level of risk. Its strategy involves allocating assets mainly to other Franklin Templeton and Legg Mason mutual funds and ETFs, emphasizing diversification across both equity and fixed-income markets. Typically, about 80% of its portfolio is invested in equity funds, with the remaining 20% directed toward fixed-income funds, though these allocations can fluctuate based on the manager’s outlook.
The fund targets capital appreciation and income, with a moderately aggressive allocation profile, and covers a broad spectrum of sectors including information technology, financials, health care, and industrials. As a diversified product, it participates in domestic and international markets via underlying funds, making it sensitive to global equity and bond market movements. Since its inception in 1996, the fund has held a market role as a flexible, turnkey solution for investors seeking growth potential through professional asset allocation and management across multiple asset classes. Managed by Franklin Templeton Investments, it aims to balance opportunity and risk with an adaptable strategy in changing market conditions.
Fund Family Franklin Templeton Investments
Category Allocation--70% to 85% Equity
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FGTIX
Share Class Class A
Index MSCI AC World NR USD
FGTIX had a total return of 14.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.33%.
