About FLTNX
Franklin LifeSmart 2055 Retirement Target Fund Class C is a target-date mutual fund designed to help investors plan for retirement around the year 2055. The fund's primary purpose is to provide a diversified, professionally managed portfolio that balances long-term capital appreciation and income. It achieves this by allocating assets among a range of underlying mutual funds and exchange-traded funds, with a mix that shifts from a greater emphasis on equities in early years to a larger allocation to fixed income and cash equivalents as the target retirement date approaches. This gradual shift, known as a glide path, aims to reduce investment risk as investors approach retirement. The fund’s underlying holdings span domestic equities, international stocks, emerging markets, and fixed income, combining exposure to growth and value sectors worldwide. By offering an all-in-one solution for retirement investing, this fund plays a central role for investors looking to simplify retirement planning, automatically adjusting its risk profile over time in line with typical retirement objectives and timelines.
Fund Family Franklin Templeton Investments
Category Target-Date 2055
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FLTNX
Share Class Class C
Index MSCI AC World NR USD
FLTNX had a total return of 21.17% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.75%.
