Franklin Corefolio Allocation Fund Class C (FTCLX)
Franklin Corefolio Allocation Fund Class C operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $22.56, up 0.62% on the session, giving a market capitalisation of $1.02B. Its beta of 1.30 implies it has historically moved more than the broad market.
This fund's principal aim is to achieve long-term capital appreciation. It employs a "fund of funds" investment approach, seeking to meet its goal by allocating its assets across a set combination of four specific underlying portfolios: the Franklin Growth Fund, Franklin Growth Opportunities Fund, Franklin Mutual Shares Fund, and Templeton Growth Fund. The strategy dictates a consistent and equal distribution, with approximately 25% of its capital directed to each of these constituent funds. In turn, these underlying investments predominantly focus on equity securities in both domestic (U.S.) and international markets.
Franklin Corefolio Allocation Fund Class C is most often compared with the following Financial Services names: