About FLRQX
Franklin LifeSmart 2020 Retirement Target Fund Class C is a target-date mutual fund designed for individuals planning to retire around the year 2020. The fund’s primary function is to provide a mix of growth and income by dynamically adjusting its allocation among stocks, bonds, and cash equivalents, gradually transitioning toward a more conservative investment strategy as the retirement target date nears and passes. This adaptive approach aims to reflect the shifting risk profiles of investors who move from their accumulation years into the income-focused phase of retirement. The portfolio includes a predominance of U.S. fixed income securities and diversified equity exposure, with sector allocations spanning information technology, financials, industrials, and healthcare. Managed by Franklin Templeton, the fund emphasizes broad diversification by investing in both domestic and international securities, thereby seeking to mitigate risk through geographic and asset-class variety. Notably, it continues to evolve post-2020, completing its shift to its most risk-averse allocation in the years following the intended retirement date. The fund serves as a comprehensive retirement solution, supporting investors with a professionally managed, age-appropriate investment vehicle tailored to their changing financial objectives over time.
Fund Family Franklin Templeton Investments
Category Target-Date 2020
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FLRQX
Share Class Class C
Index Bloomberg Multiverse TR USD Unhedged
FLRQX had a total return of 7.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.33%.
