About FTRTX
Franklin LifeSmart 2025 Retirement Target Fund Class A is a target-date mutual fund designed to help investors prepare for retirement around the year 2025. Its primary function is to provide a balance between long-term capital appreciation and income generation, adjusting its asset allocation to become more conservative as the designated target date approaches. The fund primarily invests in a diversified mix of underlying Franklin Templeton mutual funds and exchange-traded funds (ETFs), including exposure to U.S. and international equities, fixed income securities, and select alternative assets. As of mid-2025, the portfolio emphasizes fixed income funds (about 45%) while maintaining significant allocations to domestic and foreign equities, reflecting its transition toward lower risk as retirement nears. The strategy employs a 'glide path,' reaching its most conservative mix approximately eight years after the target date, to help manage longevity and sequence-of-return risks throughout retirement. By pooling a variety of asset classes, the fund seeks to meet the evolving needs of individuals investing for retirement, and is part of the broader target-date category in the U.S. mutual fund market, serving as a core component in retirement-focused portfolios.
Fund Family Franklin Templeton Investments
Category Target-Date 2025
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol FTRTX
Share Class Class A
Index MSCI AC World NR USD
FTRTX had a total return of 8.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.91%.
