On April 16, 2021, May Tong, a comanager of the three funds in the Franklin Allocation target-risk series since February 2019, left Franklin Templeton and was replaced by Wylie Tollette (who's worked at the firm for 22 years) and Berkeley Revenaugh, who joined the firm in 2019 as a client portfolio manager. Tom Nelson, a portfolio manager on the series since 2012, remains in the lead role, and he and the other managers primarily oversee the series' day-to-day operations and implement the tactical asset allocation calls of the firm's investment strategy and research committee.
Will FTCZX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTCZX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FTCZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FTCZX’s parent organization’s priorities and whether they’re in line with investors’ interests.