About FRTSX
Franklin Fund Allocator Series - Franklin LifeSmart 2020 Retirement Target Fund is an open-ended balanced fund of funds launched by Franklin Resources, Inc. The fund is managed by Franklin Advisers, Inc. It invests in funds which invest in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in underlying funds, predominantly other Franklin Templeton mutual funds, which in turn invest in growth and value stocks of companies across all market capitalizations, government and corporate debt securities, mortgage and asset-backed securities, investment grade corporate loans, and money market instruments. The fund's fixed income portions seeks to invest in securities across the credit quality spectrum. Its underlying funds also invest through derivatives such as futures. The fund employs fundamental analysis with a focus on such factors as relative and absolute performance, including correlations with other underlying funds as well as corresponding benchmarks, and their volatility to create its portfolio. It benchmarks the performance of its portfolio against the MSCI All Country World Index, Barclays Multiverse Index, and Payden & Rygel 90 Day U.S. T-Bill Index. Franklin Fund Allocator Series - Franklin LifeSmart 2020 Retirement Target Fund was formed on July 1, 2013 and is domiciled in the United States.
Fund Family Franklin Templeton Investments
Category Target-Date 2020
Performance Rating Average
Risk Rating Average
Stock Exchange MUTF
Ticker Symbol FRTSX
Index Bloomberg Multiverse TR USD Unhedged
FRTSX had a total return of 4.29% in the past year. Since the fund's inception, the average
annual return has been 1.05%, including dividends.