The Fund aims to earn income and, secondarily, to increase the value of its investments over the medium to long term.

Franklin Templeton International Services S.à r.l.

Franklin Advisers, Inc.

USD Moderate Allocation

Morningstar EAA USD Mod Tgt Alloc NR USD

Allocation

MSCI USA High Dividend Yield NR USD

Bloomberg High Yield Very Liquid TR USD

Bloomberg US Agg Bond TR USD

Franklin Income A (Mdis) HKD

Franklin Income A(Mdis)USD

2024

2023

2022

2021

2020

FixedIncome

Equity

Other

CashEquivalents

United States

Canada

France

Switzerland

Japan

Netherlands

United Kingdom

Other countries

Unclassified

Bond - Corporate Bond

Bond - Gov't/Treasury

Healthcare

Consumer Defensive

Bond - Gov't Agency Pass-Thru

Bond - Undefined

Energy

Industrials

Utilities

Financial Services

Technology

Bond - Gov't Agency Debt

Communication Services

Basic Materials

Consumer Cyclical

Bond - Asset Backed

United States Treasury Notes 4.5% (2033-11-15 Maturity)

United States Treasury Notes 3.5% (2026-09-30 Maturity)

Procter & Gamble Co

Chevron Corp

Johnson & Johnson

PepsiCo Inc

Federal Home Loan Banks 0% (2025-02-03 Maturity)

Federal Home Loan Mortgage Corp. 5% (2054-11-01 Maturity)

Merck & Co Inc

United States Treasury Notes 3.875% (2034-08-15 Maturity)