About QLMAGX
Franklin Templeton Moderately Conservative Model Portfolio Class I is a multi-asset mutual fund designed as an investment option for variable annuities and variable universal life insurance policies offered by New York Life Insurance and Annuity Corporation. It seeks a balance of capital appreciation and income through a diversified portfolio of insurance-dedicated equity and fixed income mutual funds, with allocations typically ranging from 50% to 70% in fixed income strategies and 30% to 50% in equity strategies to match risk levels similar to its composite benchmark. As of October 31, 2025, the portfolio features approximately 50.89% in investment grade bonds, 26.08% in U.S. large cap blend equities, 5.96% in non-investment grade bonds, and smaller exposures to international equities, growth and value stocks, small/mid-cap equities, and cash, totaling 26 holdings and $481.13 million in net assets. Managed by Franklin Templeton Investment Solutions since 2022, with inception in April 2020, it employs active monitoring, rebalancing, and benchmarking against the Bloomberg U.S. Aggregate Index alongside Russell 3000 and MSCI World ex U.S.A. indices. Classified in the moderately conservative allocation category, it plays a key role in providing balanced, tax-deferred options within insurance-linked investment vehicles, emphasizing long-term strategies across asset classes.
Stock Exchange Nasdaq
Ticker Symbol QLMAGX
Share Class Class I
QLMAGX had a total return of 5.61% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.78%.
