About FLADX
Franklin LifeSmart 2040 Retirement Target Fund Class A is a target-date mutual fund designed to support individuals preparing for retirement around the year 2040. Its primary objective is to achieve the highest level of long-term total return that aligns with its evolving asset allocation strategy. The fund employs a diversified mix of equities, bonds, and cash equivalents, automatically adjusting its allocation—known as a glide path—as the target retirement year approaches. Notably, the fund maintains a higher equity allocation than many of its peers, with approximately 70% in equities a decade before retirement, gradually reducing to 52% at the target date to balance growth and risk management. Franklin LifeSmart 2040 Retirement Target Fund Class A invests across domestic and international markets, including core equity, bond, and index funds, to provide broad exposure and diversification. Its structure is geared toward investors seeking a hands-off solution that adapts to changing risk tolerance as retirement nears, reflecting its role as a foundational component in retirement planning strategies.
Fund Family Franklin Templeton Investments
Category Target-Date 2040
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FLADX
Share Class Class A
Index MSCI AC World NR USD
FLADX had a total return of 18.74% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.25%.
