LLISX Fees and Costs — Franklin Multi-Asset Growth Fund
Data updated: 2026-09-22
The net expense ratio is 0.68%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $128K in broker commissions, 0.0144% of average net assets, and portfolio turnover was 49%.
LLISX Fees and Expenses
Annual operating expenses and sales charges of LLISX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
LLISX Costs Over Time
On $10,000 invested in LLISX, assuming 5% a year before costs, total costs come to $437 over 5 years, cutting the return by 0.73% 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 0.68%) | $71 | $223 | $389 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $239 | $437 |
| Value after costs | $10,427 | $11,337 | $12,326 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
LLISX 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: $128K
- Bought from dealers (principal trades, not a cost): $5.5M
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
LLISX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET CAPITAL, LLC | $54K | 41.99% |
| BOFA SECURITIES, INC. | $40K | 31.03% |
| GOLDMAN SACHS & CO. LLC | $20K | 15.98% |
| TD SECURITIES (USA) LLC | $14K | 11.00% |
LLISX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $5.5M | 100.00% |
Franklin Multi-Asset 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 |
|---|---|---|---|
| LLISX | C000187875 | 0.68% | none |
| LANIX | Class I | 0.79% | none |
| SCHAX | Class A | 1.03% | 5.50% |
| LLLRX | Class R | 1.31% | none |
| SCHCX | Class C | 1.74% | 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.