About FRELX
Franklin LifeSmart 2025 Retirement Target Fund Class R is a target-date mutual fund crafted to support individuals anticipating retirement around the year 2025. Its primary objective is to offer a dynamically shifting asset allocation that becomes increasingly conservative as the target retirement date approaches, aiming to balance long-term growth with the need for capital preservation nearing and through retirement. The fund invests primarily in a diversified portfolio of underlying equity and fixed-income funds, with equity allocation gradually trimmed over time and fixed-income exposure increased. As of the latest strategy, at the 2025 target date, the allocation is roughly 58.5% equity funds and 41.5% fixed-income funds, transitioning further to a more conservative mix—such as 40% equity and 60% fixed income—by the required minimum distribution age, typically about eight years after the retirement date. The fund’s blend of domestic and international equities, U.S. Treasuries, corporate bonds, and other fixed-income vehicles aims to provide broad market exposure and risk management. Designed for investors planning to retire and begin gradual withdrawals around 2025, this fund plays a significant role in helping individuals manage retirement planning with automatic portfolio adjustments as they age.
Fund Family Franklin Templeton Investments
Category Target-Date 2025
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol FRELX
Share Class Class R
Index MSCI AC World NR USD
FRELX had a total return of 8.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.72%.
