About FRTAX
Franklin LifeSmart 2035 Retirement Target Fund Class A is a target-date mutual fund managed by Franklin Templeton Investments, designed for investors planning to retire around the year 2035. Its primary function is to provide diversified exposure across equities, bonds, and cash, with the asset allocation gradually shifting to a more conservative mix as the target retirement date approaches. The fund's objective is to achieve long-term total return through a blend of capital appreciation and income, in line with its evolving asset allocation strategy. Notable features include a dynamic "glide path," which systematically reduces portfolio risk as participants near retirement, and significant concentration in its top holdings—over 80% of assets are allocated to the leading investment positions, predominantly Franklin-branded mutual funds and ETFs focused on core U.S. equity, international equity, U.S. bonds, and large-cap value strategies. As part of the Target-Date 2035 category, this fund plays a key role in retirement planning, offering a single, professionally managed solution that adapts to an investor’s changing risk tolerance and income needs over time.
Fund Family Franklin Templeton Investments
Category Target-Date 2035
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FRTAX
Share Class Class A
Index MSCI AC World NR USD
FRTAX had a total return of 17.09% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.68%.
