About LMEIX
Franklin Multi-Asset Conservative Growth Fund Class I is a multi-asset mutual fund designed to balance capital growth and income, primarily through a conservative allocation strategy. As a fund of funds, it invests across a diversified mix of asset classes, most notably U.S. equities, domestic and international bonds, and select international equities. Its largest allocations are to core bond, large cap equity, and growth-oriented mutual funds, with a focus on maintaining moderate risk and lower volatility than more aggressive portfolios. The fund is managed by a team of professionals at Franklin Templeton and generally targets investors seeking steady returns and capital preservation, rather than high growth. Within the market, it is categorized under moderate allocation strategies, typically maintaining an equity exposure in the 50–70% range, and aims for a stable blend of equity appreciation potential and fixed-income risk mitigation. By leveraging a selection of underlying Franklin and partner funds, it provides broad diversification and exposure to multiple sectors, making it a foundational option for risk-sensitive investors seeking diversified, long-term portfolio growth.
Fund Family Franklin Templeton Investments
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol LMEIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
LMEIX had a total return of 9.91% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.21%.
