FTLMX

About FTLMX

Franklin LifeSmart 2025 Retirement Target Fund Class R6 is a target-date mutual fund designed to help investors prepare for retirement around the year 2025. Its primary function is to offer a diversified portfolio that automatically adjusts its allocation across asset classes such as equities, bonds, and cash equivalents, aiming to balance growth and risk as investors approach their anticipated retirement date. The fund’s strategy focuses on achieving the highest level of long-term total return that aligns with its evolving asset allocation, with total return derived from both capital appreciation and income generation. As the 2025 target date nears, the fund’s management shifts toward a more conservative investment mix to help preserve capital and manage volatility, reflecting the shorter time horizon and reduced risk tolerance typical of near-retirees. By offering a professionally managed, all-in-one solution, Franklin LifeSmart 2025 Retirement Target Fund Class R6 plays a significant role in retirement planning, catering to individuals who value convenience, automatic portfolio rebalancing, and risk adjustment as they transition toward retirement.