Morningstar

Franklin Multi-Asset Conservative Growth Fund R LLARX

Medalist Rating as of Aug 31, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks balance of growth of capital and income. The fund is a fund of funds—it invests in other mutual funds, exchange-traded funds (“ETFs”) and closed-end funds. It organizes its investments in underlying funds into two main asset classes: the equity class and the fixed income class. The portfolio managers may invest across all asset classes and strategies. The fund managers will allocate between 35% to 65% of the fund’s assets to underlying funds that invest in equity and equity-like strategies and between 35% to 65% of the fund’s assets to underlying funds that invest in fixed income and fixed income-like strategies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LMEIX	Franklin Multi-Asset Conservative Growth Fund I	Institutional	Open			Jul 25, 2014	$2.83M	0.670%	Below Average	$1M	−$735,470.46
SBBAX	Franklin Multi-Asset Conservative Growth Fund A	Front Load	Open			Feb 5, 1996	$300.59M	0.950%	Below Average	$1,000	−$22.73M
SCBCX	Franklin Multi-Asset Conservative Growth Fund C	Level Load	Open			Feb 5, 1996	$1.24M	1.700%	Average	$1,000	$28,827.84
LLARX	Franklin Multi-Asset Conservative Growth Fund R	Retirement, Medium	Open			Jun 2, 2014	$141,534.00	1.320%	Above Average	$0	$87,243.68

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