LLAIX Fees and Costs — Franklin Multi-Asset Moderate Growth Fund, Class I
Data updated: 2026-09-22
The net expense ratio is 0.73%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $75K in broker commissions, 0.0144% of average net assets, and portfolio turnover was 42%.
LLAIX Fees and Expenses
Annual operating expenses and sales charges of LLAIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LLAIX Costs Over Time
On $10,000 invested in LLAIX, assuming 5% a year before costs, total costs come to $468 over 5 years, cutting the return by 0.78% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $468 |
| Value after costs | $10,422 | $11,320 | $12,295 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
LLAIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0144%
- Total broker commissions: $75K
- Bought from dealers (principal trades, not a cost): $3.2M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
LLAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA Securities Inc, | $29K | 38.28% |
| JANE STREET CAPITAL, LLC | $27K | 36.47% |
| GOLDMAN SACHS & CO. LLC | $12K | 16.05% |
| TD SECURITIES (USA) LLC | $7K | 9.20% |
LLAIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $3.2M | 100.00% |
Franklin Multi-Asset Moderate Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LLMSX | C000187874 | 0.64% | none |
| LLAIX | Class I | 0.73% | none |
| SCGRX | Class A | 1.00% | 5.50% |
| LLMRX | Class R | 1.39% | none |
| SCGCX | Class C | 1.73% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.