About FLRMX
Franklin LifeSmart 2020 Retirement Target Fund Class A is a target-date mutual fund specifically designed to support investors approaching or entering retirement around the year 2020. The fund employs a dynamic allocation strategy, gradually shifting from higher-risk assets like equities to more conservative investments such as bonds and cash as the target date nears, aiming to balance long-term growth with capital preservation. Its diversified portfolio includes exposure to U.S. and international stocks, government and corporate bonds, and cash equivalents, with the allocation tailored to reduce portfolio risk over time. The fund invests primarily through other Franklin Templeton funds and ETFs, providing broad coverage across sectors including information technology, financials, industrials, and healthcare. As of 2025, the fund maintains a significant allocation to fixed income and cash, reflecting its conservative glide path for retirees. This structure makes Franklin LifeSmart 2020 Retirement Target Fund Class A a key component for retirement planning, offering a professionally managed, hands-off investment solution tailored to those transitioning from asset growth to income-focused strategies.
Fund Family Franklin Templeton Investments
Category Target-Date 2020
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FLRMX
Share Class Class A
Index Bloomberg Multiverse TR USD Unhedged
FLRMX had a total return of 11.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.35%.
