About FLRHX
Franklin LifeSmart 2035 Retirement Target Fund Advisor Class is a target-date mutual fund designed to help investors prepare for retirement around the year 2035. Its primary function is to provide a diversified investment portfolio that automatically adjusts its asset allocation as the target retirement date approaches. Initially, the fund emphasizes growth through a greater allocation to equities, including U.S. and international stocks, gradually reallocating toward a more conservative mix with increased exposure to fixed income and cash equivalents.
This fund invests primarily in a combination of underlying mutual funds and exchange-traded funds, predominantly from Franklin Templeton and affiliated providers, spanning a wide array of asset classes and geographies. It features a management strategy that follows a preset glide path, shifting from higher risk and return potential in earlier years to lower risk as retirement nears, aiming to balance growth and capital preservation objectives for investors planning to retire around 2035. The Advisor Class offers competitively low expenses with no front- or back-end sales loads, and the fund’s construction makes it suitable for inclusion in retirement-focused investment plans and accounts, such as employer-sponsored 401(k)s, IRAs, and personal retirement portfolios.
Fund Family Franklin Templeton Investments
Category Target-Date 2035
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FLRHX
Share Class Advisor Class
Index MSCI AC World NR USD
FLRHX had a total return of 16.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.25%.
