About FLSBX
Franklin LifeSmart 2055 Retirement Target Fund Class R is a target-date mutual fund specifically structured for investors planning to retire around the year 2055. Its core objective is to maximize long-term total return through a diversified asset allocation strategy that dynamically shifts its mix of investments over time. Early in the investment horizon, the fund emphasizes growth by allocating a larger proportion to equity funds, both domestic and international, and as the target retirement date approaches, it reallocates progressively towards fixed income securities to reduce risk and provide income stability. This gradual transition reflects the evolving risk tolerance of investors as they near retirement. The fund’s portfolio includes a blend of underlying funds, with top holdings spanning U.S. core equity, international equity, and large-cap value strategies, providing broad market exposure. Designed as part of retirement planning, the Franklin LifeSmart 2055 Retirement Target Fund Class R offers a streamlined, professionally managed solution that automatically adjusts its asset mix in line with changing retirement needs and market conditions, aiming to balance growth and capital preservation in a single investment vehicle.
Fund Family Franklin Templeton Investments
Category Target-Date 2055
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FLSBX
Share Class Class R
Index MSCI AC World NR USD
FLSBX had a total return of 21.72% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.17%.
