QLMLTX

About QLMLTX

Franklin Multi-Asset Variable Growth Fund Class I is a mutual fund designed to pursue long-term capital appreciation by employing a diversified, multi-asset "fund of funds" structure. Its primary function is to allocate assets across a broad mix of underlying Franklin Templeton-managed equity and fixed income funds. The fund typically invests between 70% and 100% of its assets in equity funds, while 0% to 30% is allocated to fixed income funds, positioning it for growth with moderate exposure to fixed income for balancing risk. This approach allows investors access to a dynamic blend of global equity markets and fixed income instruments within a single vehicle. The fund plays a significant role for investors seeking diversification and asset allocation managed by professional portfolio managers. With a net expense ratio of 0.81%, it offers an efficient structure for long-term portfolio growth. Its multi-asset allocation makes it suitable for investors looking to streamline their investment strategy and gain broad market exposure across different sectors and industries through one investment.