About FLRLX
Franklin LifeSmart 2045 Retirement Target Fund is a mutual fund designed for investors planning to retire around the year 2045. It primarily serves as a long-term investment solution for individuals seeking a diversified approach tailored to a specific retirement horizon. The fund employs a dynamic asset allocation strategy, gradually shifting from a growth-oriented mix of equities and bonds to a more conservative balance as the 2045 target date approaches. This glide path mechanism aims to balance risk and return, providing both capital appreciation and income over time.
The portfolio features exposure across major asset classes, with a marked emphasis on U.S. and international equities, alongside allocations to fixed income securities and cash investments. Its sector weights include information technology, financials, health care, and consumer discretionary, reflecting a broad market perspective. The fund benefits from active management, with periodic rebalancing and reassessment of risk levels to align with aging investor needs. As part of the Franklin LifeSmart Target Date series, the fund plays an important role in facilitating retirement planning, offering systematic diversification and professional oversight for those seeking a single, adaptive investment vehicle for retirement savings.
Fund Family Franklin Templeton Investments
Category Target-Date 2045
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FLRLX
Share Class Advisor Class
Index MSCI AC World NR USD
FLRLX had a total return of 20.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.31%.
