About FLTKX
Franklin LifeSmart 2055 Retirement Target Fund Advisor Class is a target-date mutual fund designed primarily to support individuals expecting to retire around the year 2055. Its central purpose is to balance long-term growth potential with income generation, employing a glide path that dynamically shifts the portfolio’s allocation as the retirement target approaches. The fund invests in a diverse mix of underlying equity and fixed income funds, with a greater emphasis on equities in earlier years to pursue capital appreciation, and a gradual transition toward fixed income holdings as 2055 nears to manage risk and sustain income. Top holdings include broad U.S. and international equities as well as exposure to large-cap value, multifactor strategies, and emerging markets, resulting in a globally diversified approach. With an emphasis on asset allocation, the fund is a component of the lifecycle investment category, serving as a turnkey solution for individuals seeking an age-appropriate investment mix as part of their long-term retirement planning. The fund’s performance, risk profile, and asset allocation are continuously managed, aligning with conventional retirement investing objectives over time.
Fund Family Franklin Templeton Investments
Category Target-Date 2055
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FLTKX
Share Class Advisor Class
Index MSCI AC World NR USD
FLTKX had a total return of 17.30% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.60%.
