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LU1402199597

Franklin NextStep Moderate Fund

As of 09/03/2026

NAV 1

$16.78

 
 

NAV Change 1

$0.00

(0.00%)
As of 28/02/2026

Morningstar Overall Rating™ 2

USD Moderate Allocation

Change to the definition of “Valuation Day”. Learn more

Overview

Summary of Fund Objective

To seek to maximise  income and growth of capital (total return) over the long term. The Fund mainly invests, indirectly through Funds, in equities (50% to 70% of assets) and corporate and government bonds (30% to 50%). These investments may be of any market capitalisation and from anywhere in the world, including emerging markets, and some of the bond investments may be below investment grade.

What Are The Key Risks?

The value of shares in the Fund and income received from it can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency fluctuations. Currency fluctuations may affect the value of overseas investments.

  • The Fund invests principally in units of other funds (open- and closed-end, including exchange-traded funds) managed by Franklin Templeton entities or other asset managers, providing balanced exposure to equity securities and fixed income or floating rate debt securities (both investment grade and non-investment grade) of issuers located anywhere in the world, including emerging markets, with the ability as well to invest to a small degree in alternative strategies. Such investments have historically been subject to price movements due to such factors as stock market volatility, general sudden changes in interest rates, changes in the financial outlook or perceived credit worthiness of securities issuers, and the variability inherent in alternative investments. As a result, the performance of the Fund can fluctuate over time.
  • The Fund may distribute income gross of expenses. Whilst this might allow more income to be distributed, it may also have the effect of reducing capital.
  • Other significant risks include: 
    Counterparty risk: the risk of failure of financial institutions or agents (when serving as a counterparty to financial contracts) to perform their obligations, whether due to insolvency, bankruptcy or other causes. 
    Credit risk: the risk of loss arising from default that may occur if an issuer fails to make principal or interest payments when due. This risk is higher if the Fund holds low-rated, sub-investment-grade securities. 
    Foreign Currency risk: the risk of loss arising from exchange-rate fluctuations or due to exchange control regulations. 
    Derivative Instruments risk: the risk of loss in an instrument where a small change in the value of the underlying investment may have a larger impact on the value of such instrument. Derivatives may involve additional liquidity, credit and counterparty risks. 
    Emerging markets risk: the risk related to investing in countries that have less developed political, economic, legal and regulatory systems, and that may be impacted by political/economic instability, lack of liquidity or transparency, or safekeeping issues. 
    Investment funds risk: the risk that investing in other funds may be more costly or provide less liquidity than investing in underlying securities directly, or that a closed-end fund holding may trade at a premium or discount to its net asset value.

For full details of all of the risks applicable to this Fund, please refer to the “Risk Considerations” section of the Fund in the current prospectus of Franklin Templeton Investment Funds.

Fund Information
Total Net Assets  As of 28/02/2026 (Updated Monthly)
$79.93 Million
Fund Inception Date 
05/02/2016
Share Class Inception Date 
13/05/2016
Base Currency for Fund 
USD
Base Currency for Share Class 
USD
Benchmark 
Blended 60% MSCI ACWI-NR + 40% Bloomberg Multiverse (hedged to USD)
Asset Class 
Multi-Asset
Investment Manager 
Franklin Templeton Investment Solutions
Investment Vehicle 
Franklin Templeton Investment Funds
Domicile 
Luxembourg
Minimum Investment 
USD 1000
Dividends & Yields
Distribution Frequency 
Monthly
Payable Date  As of 02/03/2026
09/03/2026
Charges 4
Initial Charge 
N/A
Ongoing Charges Figure3  As of 28/02/2026
1.04%
Identifiers
CUSIP Code 
L4062L487
ISIN Code 
LU1402199597
Bloomberg Code 
FRNMWMU LX
SEDOL Code 
BYZJNN3
Fund Number 
1885
Reuters Code 
LU1402199597.LUF

Fund Managers

Marzena Hofrichter, CFA®

Frankfurt, Germany

Managed Fund Since 2020

Matthias Hoppe

Frankfurt, Germany

Managed Fund Since 2025

Thomas Nelson, CFA®

Florida, United States

Managed Fund Since 2016

Performance

Portfolio

Portfolio Holdings

Holdings

As of 31/01/2026 Updated Monthly
Security Name 
Franklin Templeton Investment Funds - Franklin Core US Enhanced Equity Fund OEMF USD NPV CL BI TIS A/C # 47851
Weight (%) 
10.12
Market Value 
8,065,476
Quantity 
761,224
Security Name 
iShares Core Global Aggregate Bond UCITS ETF ETF USD 1
Weight (%) 
9.48
Market Value 
7,553,772
Quantity 
1,297,899
Security Name 
iShares Core S&P 500 UCITS ETF ETF USD 1
Weight (%) 
9.36
Market Value 
7,458,019
Quantity 
10,002
Security Name 
JPMorgan Funds - Aggregate Bond Fund OEMF USD 1 CL I USD ACC Accumulation
Weight (%) 
9.17
Market Value 
7,303,835
Quantity 
51,226
Security Name 
Franklin US Equity UCITS ETF ETF USD NPV TIS A/C# 25802
Weight (%) 
8.46
Market Value 
6,738,491
Quantity 
96,350
Security Name 
JPMorgan Europe Research Enhanced Index Equity Active UCITS ETF ETF USD 1
Weight (%) 
5.82
Market Value 
4,638,382
Quantity 
75,200
Security Name 
FTGF CLEARBRIDGE US VALUE FUND OEMF USD NPV CL LUA TIS A/C 90142
Weight (%) 
5.32
Market Value 
4,239,065
Quantity 
27,688
Security Name 
Ishares Russell 1000 Growth UCITS ETF ETF USD 1
Weight (%) 
5.07
Market Value 
4,035,756
Quantity 
92,200
Security Name 
Franklin USD Investment Grade Corporate Bond UCITS ETF ETF USD NPV TIS A/C #27048
Weight (%) 
4.88
Market Value 
3,889,219
Quantity 
159,843
Security Name 
Franklin Templeton Investment Funds - Franklin Flexible Alpha Bond Fund OEMF USD 1
Weight (%) 
4.35
Market Value 
3,464,824
Quantity 
338,261

These securities do not represent all of the securities purchased, sold or recommended for clients, and the reader should not assume that investment in the securities listed was or will be profitable. 

Pricing

Pricing History Chart

As of 09/03/2026 Updated Daily

Share Prices

As of 09/03/2026
NAV1 (Net Asset Value)
$16.78
NAV Change1 
$0.00
NAV Change (%)1 
0.00%
Highest / Lowest NAV
As of 09/03/2026 Updated Daily
Year 
Highest NAV
2026  
$17.27 As on 25/02/2026
2025  
$16.79 As on 26/12/2025
2024  
$15.38 As on 05/12/2024
2023  
$13.80 As on 29/12/2023
2022  
$14.65 As on 04/01/2022
2021  
$14.70 As on 09/11/2021
2020  
$13.38 As on 31/12/2020
2019  
$12.19 As on 27/12/2019
2018  
$11.89 As on 26/01/2018
2017  
$11.44 As on 29/12/2017
Year 
Lowest NAV
2026  
$16.72 As on 02/01/2026
2025  
$13.74 As on 08/04/2025
2024  
$13.57 As on 17/01/2024
2023  
$12.14 As on 03/01/2023
2022  
$11.35 As on 12/10/2022
2021  
$13.32 As on 29/01/2021
2020  
$9.60 As on 23/03/2020
2019  
$10.43 As on 03/01/2019
2018  
$10.28 As on 24/12/2018
2017  
$10.28 As on 03/01/2017

Documents

Product Literature

PDF Format

Fact Sheet - Franklin NextStep Moderate Fund (W (Mdis) USD)

Regulatory Documents

PDF Format

Prospectus - Franklin Templeton Investments Funds (FTIF)

PDF Format

Annual Report (full) - Franklin Templeton Investment Funds (FTIF)

PDF Format

Semi Annual Report (full) - Franklin Templeton Investment Funds (FTIF)

PDF Format

Articles of Incorporation - Franklin Templeton Investment Funds (FTIF)

PDF Format

Product Highlights Sheet - Franklin NextStep Moderate Fund