Footnotes
1. Net Returns (NR) include income net of tax withholding when dividends are paid.
2. The Linked Franklin Conservative Allocation Fund Benchmark-NR reflects the performance of 28% S&P 500 Index, 12% MSCI EAFE Index, 40% Bloomberg U.S. Aggregate Index and 20% Payden & Rygel 90 Day U.S. T-Bill Index from fund inception to 12/31/2000; 28% S&P 500 Index, 12% MSCI EAFE Index-NR, 40% Bloomberg U.S. Aggregate Index and 20% Payden & Rygel 90 Day U.S. T-Bill Index from 1/1/2001 to 12/31/2012; 28% S&P 500 Index, 12% MSCI EAFE Index-NR and 60% Bloomberg U.S. Aggregate Index from 1/1/2013 to 12/31/14; and 40% MSCI AC World Index-NR and 60% Bloomberg Multiverse Index thereafter. Such a change can impact performance.
3. Periods shorter than one year are shown as cumulative total returns.
What Are The Risks?
All investments involve risks, including possible loss of principal. The allocation of assets among different strategies, asset classes and investments may not prove beneficial or produce the desired results. Investments in underlying funds are subject to the same risks as, and indirectly bear the fees and expenses of, the underlying funds. Equity securities are subject to price fluctuation and possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. These and other risks are discussed in the fund’s prospectus.
Important Information
The information provided is not a complete analysis of every material fact regarding any country, market, industry, security or fund. Because market and economic conditions are subject to change, comments, opinions and analyses are rendered as of the date of this material and may change without notice. A portfolio manager’s assessment of a particular security, investment or strategy is not intended as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy; it is intended only to provide insight into the fund’s portfolio selection process. Holdings are subject to change.
Before investing, carefully consider a fund’s investment objectives, risks, charges and expenses. You can find this and other information in each prospectus, or summary prospectus, if available, at www.franklintempleton.com. Please read it carefully.
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While Franklin Templeton and our Specialist Investment Managers have environmental, social, and governance (“ESG”) goals and capabilities at the firm-wide level, the product referenced is not specifically managed to an underlying ESG goal or objective and ESG considerations are not governed by the prospectus or product mandate. Some products and strategies may consider ESG factors as part of the investment approach or analysis, without having specific ESG mandates. For more detailed information, please refer to the prospectus.
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Source: FactSet. Important data provider notices and terms available at www.franklintempletondatasources.com.
- The risk/reward potential is based on the fund’s goal and level of risk. It is not indicative of the fund’s actual or implied performance or portfolio composition, which may change on a continuous basis.
- On January 1, 2013, the Franklin Conservative Allocation Fund implemented changes to its target allocations; short-term investment allocations were combined into the fixed-income fund target allocation. Formerly, the Fund’s target allocation was 40% equity funds, 40% fixed income funds and 20% short-term investments. The Fund’s investment goal remains the same.
- Gross expenses are the fund’s total annual operating expenses as of the fund’s prospectus available at the time of publication. Net expenses are capped under a contractual agreement, which cannot be terminated prior to 04/30/2025 without Board consent. Actual expenses may be higher and may impact portfolio returns.
- Performance quotations for this class reflect the following methods of calculation: a) For periods prior to the fund’s Advisor Class inception date, a restated figure is used based on the fund’s oldest share class, Class A performance, excluding the effect of Class A’s maximum initial sales charge but reflecting the effect of the Class A Rule 12b-1 fees; and b) for periods after the fund’s Advisor Class inception date, actual Advisor Class performance is used, reflecting all charges and fees applicable to that class.
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