Franklin Corefolio Allocation Fund Advisor Class (FCAZX)
Franklin Corefolio Allocation Fund Advisor Class operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $23.99, up 0.63% on the session, giving a market capitalisation of $1.05B. Its beta of 1.30 implies it has historically moved more than the broad market.
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.
Franklin Corefolio Allocation Fund Advisor Class is most often compared with the following Financial Services names: