About FLSGX
Franklin LifeSmart 2040 Retirement Target Fund is a target-date mutual fund designed to help investors prepare for retirement around the year 2040. Its primary function is to offer a diversified investment portfolio that automatically adjusts its risk profile as the target date approaches. The fund combines a mix of asset classes—primarily U.S. and international stocks, as well as domestic and global bonds—to provide growth potential in earlier years and to gradually shift toward more conservative holdings as the retirement date nears. This dynamic allocation is managed by Franklin Templeton Investments, and the fund utilizes a preset glide path to balance risk and return over time. The portfolio’s major exposures include information technology, financials, industrials, and healthcare, reflecting broad sector diversification. Geographically, it has significant holdings in North America, Europe, and key Asian markets. Its top holdings are primarily other Franklin mutual funds and ETFs, emphasizing core equity and fixed income strategies. The Franklin LifeSmart 2040 Retirement Target Fund serves as a comprehensive investment option for individuals seeking a simplified, all-in-one solution for long-term retirement planning, gradually rebalancing toward capital preservation as investors approach retirement age.
Fund Family Franklin Templeton Investments
Category Target-Date 2040
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FLSGX
Share Class Class R
Index MSCI AC World NR USD
FLSGX had a total return of 13.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.93%.
