About FGTRX
Franklin Growth Allocation Fund Class R is a mutual fund designed to seek the highest level of long-term total return through a diversified, multi-asset approach. Structured as a "fund of funds," its strategy centers on allocating assets primarily among other Franklin Templeton and Legg Mason mutual funds and ETFs. The fund generally follows a guideline of investing around 80% in equity funds and 20% in fixed-income funds, though these ratios may shift by up to 10% depending on the manager’s outlook and market conditions.
This fund falls within the moderately aggressive allocation category, aiming for capital appreciation while maintaining some focus on risk mitigation. Its portfolio features broad sector exposure, with an emphasis on information technology, financials, industrials, consumer discretionary, and health care. The fund's holdings are notably concentrated, with over 80% of assets in its top 10 positions—primarily other equity and bond funds within the Franklin Templeton family. The regional allocation is heavily weighted toward United States securities, reflecting a domestic growth bias, but it also includes developed and emerging markets for additional diversification.
With a long-standing management team since 2012 and a net expense ratio of 1.10%, Franklin Growth Allocation Fund Class R serves investors seeking a balanced yet growth-oriented approach to multi-asset investing across varied market cycles.
Fund Family Franklin Templeton Investments
Category Allocation--70% to 85% Equity
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FGTRX
Share Class Class R
Index MSCI AC World NR USD
FGTRX had a total return of 14.28% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.39%.
