Description

The Franklin Corefolio Allocation Fund Advisor Class aims to achieve capital growth for its investors. It employs a "fund-of-funds" strategy, meaning it seeks to meet its objective by distributing its investments across a predetermined selection of other funds. Specifically, the fund allocates approximately 25% of its assets to each of four underlying portfolios: the Franklin Growth Fund, Franklin Growth Opportunities Fund, Franklin Mutual Shares Fund, and Templeton Growth Fund. These component funds then primarily invest in a combination of U.S. and international equity securities.