About FLOLX
Franklin LifeSmart 2040 Retirement Target Fund Class C is a target-date mutual fund designed primarily for investors planning to retire around the year 2040. The fund follows a diversified allocation strategy that evolves over time, shifting its emphasis from higher-growth assets like equities in early years toward a greater allocation to fixed income as the specified target date approaches. This asset allocation aims to balance risk and return in alignment with an investor’s changing needs as retirement nears.
The fund invests predominantly in other Franklin Templeton mutual funds and ETFs, giving exposure to U.S. and international equities as well as domestic and foreign bonds. As of mid-2025, its portfolio includes a broad mix across sectors such as information technology, financials, industrials, and health care, with regional diversification spanning North America, Europe, and Asia. The largest proportion of assets is allocated to large-cap and giant-cap companies, providing substantial market capitalization coverage. Franklin LifeSmart 2040 Retirement Target Fund Class C plays a significant role in retirement planning by offering a single-fund solution that systematically manages risk and return to help investors prepare for future income needs.
Fund Family Franklin Templeton Investments
Category Target-Date 2040
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FLOLX
Share Class Class C
Index MSCI AC World NR USD
FLOLX had a total return of 17.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.46%.
