Franklin Growth Allocation R (FGTRX)
Franklin Growth Allocation R operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $22.92, down 0.13% on the session, giving a market capitalisation of $1.54B. Its beta of 1.08 implies it has historically moved more than the broad market.
The fund is a "fund of funds" meaning that it seeks to achieve its investment goal by investing its assets primarily in other funds, predominantly other Franklin Templeton and Legg Mason mutual funds and ETFs. The investment manager uses the following as a general guide in allocating the fund's assets among the broad asset classes: 80% equity funds; and 20% fixed-income funds. These percentages may be changed from time to time by the fund's investment manager without the approval of shareholders, and may vary up to 10% from these percentages of fund assets.
Franklin Growth Allocation R is most often compared with the following Financial Services names: