Franklin Corefolio Allocation Fund Class A is an open-end mutual fund designed to provide capital appreciation through a disciplined, multi-manager approach. Functioning as a "fund of funds," it allocates its assets equally—approximately 25% each—among four underlying Franklin Templeton funds: Franklin Growth Fund, Templeton Growth Fund, Franklin Mutual Shares Fund, and Franklin Growth Opportunities Fund. Each of these underlying funds focuses on different growth and value investment styles, offering broad exposure to both U.S. and international equities. The fund maintains its diversification and risk profile by periodically rebalancing to keep these allocations in line when they diverge by more than three percentage points from their targets. With a focus on aggressive allocation in the large growth category, Franklin Corefolio Allocation Fund Class A aims to deliver a blend of domestic and global equity opportunities, making it a notable option for investors seeking a comprehensive, actively managed multi-strategy equity portfolio within a single fund structure.
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