0001379491-12-000812.txt : 20121003 0001379491-12-000812.hdr.sgml : 20121003 20121003132810 ACCESSION NUMBER: 0001379491-12-000812 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20121003 DATE AS OF CHANGE: 20121003 EFFECTIVENESS DATE: 20121003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TEMPLETON FUND ALLOCATOR SERIES CENTRAL INDEX KEY: 0001022804 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-13601 FILM NUMBER: 121126026 BUSINESS ADDRESS: STREET 1: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 BUSINESS PHONE: 650-312-4018 MAIL ADDRESS: STREET 1: FRANKLIN TEMPLETON FUND ALLOCATOR SERIES STREET 2: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TEMPLETON FUND ALLOCATOR SERIES CENTRAL INDEX KEY: 0001022804 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-07851 FILM NUMBER: 121126027 BUSINESS ADDRESS: STREET 1: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 BUSINESS PHONE: 650-312-4018 MAIL ADDRESS: STREET 1: FRANKLIN TEMPLETON FUND ALLOCATOR SERIES STREET 2: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 0001022804 S000034745 Franklin Templeton Multi-Asset Real Return Fund C000106965 Class A C000106966 Class C C000106967 Class R C000106968 Advisor Class 485BPOS 1 filing1818.htm PRIMARY DOCUMENT

 

As filed with the U.S. Securities and Exchange Commission on October 3, 2012

 

File Nos.

333-13601

811-07851

 

U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM N-1A

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

Pre-Effective Amendment No.  

 

Post-Effective Amendment No. 33

[X]

 

and/or

 

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

 

Amendment No. 35

[X]

 

FRANKLIN TEMPLETON FUND ALLOCATOR SERIES

(Exact Name of Registrant as Specified in Charter)

 

ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906

(Address of Principal Executive Offices) (Zip Code)

 

Registrant's Telephone Number, Including Area Code (650) 312-2000

 

CRAIG S. TYLE, ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906

(Name and Address of Agent for Service of Process)

 

Approximate Date of Proposed Public Offering:

 

It is proposed that this filing will become effective (check appropriate box)

 

[X]

immediately upon filing pursuant to paragraph (b)

[ ]

on (date)  pursuant to paragraph (b)

[ ]

60 days after filing pursuant to paragraph (a)(1)

[ ]

on (date) pursuant to paragraph (a)(1)

[ ]

75 days after filing pursuant to paragraph (a)(2)

[ ]

on (date) pursuant to paragraph (a)(2) of rule 485

 

If appropriate, check the following box:

 

[ ]

This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

This Amendment to the registration statement on Form N-1A relates to the prospectus and SAI of Franklin Templeton Multi-Asset Real Return Fund series of the Registrant and does not otherwise delete, amend, or supersede any information contained in the Registration Statement. As stated on the Facing Page, this Amendment updates the registration statement of the above-referenced series under the Securities and Exchange Act of 1933 and the Investment Company of 1940.

       

 


 

 

 

 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of the Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of San Mateo and the State of California, on the 2nd day of October 2012.

 

 

FRANKLIN TEMPLETON FUND ALLOCATOR SERIES

(Registrant)

 

By:   /s/Karen L. Skidmore

Karen L. Skidmore

Vice President and Secretary

 

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

 

Edward B. Jamieson*

Edward B. Jamieson

Chief Executive Officer-Investment Management

Dated: October 2, 2012

 

 

Laura F. Fergerson*

Laura F. Fergerson

Chief Executive Officer-Finance and Administration

Dated: October 2, 2012

 

 

Gaston Gardey*

Gaston Gardey

Chief Financial Officer and Chief Accounting Officer

Dated: October 2, 2012

 

 

Harris J. Ashton*

Harris J. Ashton

Trustee

Dated: October 2, 2012

 

 

Sam Ginn*

Trustee

Sam Ginn

Dated: October 2, 2012

 

 

Edith E. Holiday*

Trustee

Edith E. Holiday

Dated: October 2, 2012

 

 

Charles B. Johnson*

Charles B. Johnson

Trustee

Dated: October 2, 2012

 

 

Gregory E. Johnson*

Gregory E. Johnson

Trustee

Dated: October 2, 2012

 

 

J. Michael Luttig*

J. Michael Luttig

Trustee

Dated: October 2, 2012

 

 

Frank A. Olson*

Frank A. Olson

Trustee

Dated: October 2, 2012

 

 

Larry D. Thompson*

Trustee

Larry D. Thompson

Dated: October 2, 2012

 

 

John B. Wilson*

John B. Wilson

Trustee

Dated: October 2, 2012


 

 

 

 

*By:  /s/Karen L. Skidmore

Karen L. Skidmore, Attorney-in-Fact

(Pursuant to Power of Attorney previously filed)


 

 

 

EXHIBIT INDEX

 

 

 

Index No.

Description of Exhibit

 

 

EX-101.INS

XBRL Instance Document

 

 

EX-101.SCH

XBRL Taxonomy Extension Schema Document

 

 

EX-101.DEF

XBRL Taxonomy Extension Definition Linkbase

 

 

EX-101.LAB

XBRL Taxonomy Extension Labels Linkbase

 

 

EX-101.PRE

XBRL Taxonomy Extension Presentation Linkbase

 

EX-101.SCH 2 ftfas-20121003.xsd EX-101.SCH EX-101.DEF 3 ftfas-20121003_def.xml EX-101.DEF EX-101.INS 4 ftfas-20121003.xml EX-101.INS 00010228042012-10-012012-10-010001022804ftfas:S000034745Member2012-10-012012-10-010001022804ftfas:S000034745Memberftfas:C000106965Member2012-10-012012-10-010001022804ftfas:S000034745Memberftfas:C000106966Member2012-10-012012-10-010001022804ftfas:S000034745Memberftfas:C000106967Member2012-10-012012-10-010001022804ftfas:S000034745Memberftfas:C000106968Member2012-10-012012-10-01 iso4217:USD xbrli:pure xbrli:shares iso4217:USD xbrli:shares 0001022804FRANKLIN TEMPLETON FUND ALLOCATOR SERIES485BPOS2012-09-272012-10-012012-05-31false2012-10-01~ http://xbrl.sec.gov/rr/role/RiskReturnDetail column period compact * row primary compact * ~Fund SummaryInvestment GoalReal return.Fees and Expenses of the FundYou may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds.50000These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. More information about these and other discounts is available from your financial professional and under “Your Account” on page 73 in the Fund's Prospectus and under “Buying and Selling Shares” on page 78 of the Fund’s Statement of Additional Information.SHAREHOLDER FEES (fees paid directly from your investment)~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact ftfas_S000034745Member column rr_ProspectusShareClassAxis compact * row primary compact * ~0.05750.000.000.000.000.01000.000.00<div><p>ANNUAL FUND OPERATING EXPENSES</p><p>(expenses that you pay each year as a percentage of the value of your investment)</p></div>~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact ftfas_S000034745Member column rr_ProspectusShareClassAxis compact * row primary compact * ~0.00250.00250.00250.00250.00300.01000.00500.000.03250.03250.03250.03250.00610.00610.00610.00610.04410.05110.04610.0411-0.0305-0.0305-0.0305-0.03050.01360.02060.01560.0106ExampleThis Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee waiver and/or expense reimbursement by the investment manager and/or administrator for the 1 Year numbers only. Although your actual costs may be higher or lower, based on these assumptions your costs would be:706157224494687~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact ftfas_S000034745Member column rr_ProspectusShareClassAxis compact * row primary compact * ~30912602308492015911162081452610897018484110If you do not sell your shares:~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_LegalEntityAxis compact ftfas_S000034745Member column rr_ProspectusShareClassAxis compact * row primary compact * ~209126023084920Portfolio Turnover0.2724<div><p>The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 27.24% of the average value of its portfolio.</p></div>Principal Investment Strategies<div><p>Under normal market conditions, the Fund uses a flexible allocation strategy that is diversified across broad asset classes, including global equities, global fixed income and commodities, and seeks real return which is total return that exceeds U.S. inflation over a full inflation cycle, typically 5 years. In periods shorter than a full inflation cycle, the Fund's returns may be volatile as compared to the CPI or lag behind inflation.</p><p>The Fund is structured as a limited "fund-of-funds" meaning that it seeks to achieve its investment goal by investing its assets primarily in other mutual funds, predominantly other Franklin Templeton mutual funds (underlying funds). The Fund also invests a portion of its assets in inflation-indexed securities, predominantly Treasury Inflation-Protected Securities (TIPS).</p><p>With respect to the portion of the Fund's portfolio invested in underlying funds, under normal market conditions, the investment manager allocates the Fund&#146;s assets among the broad asset classes representing exposure to global equities, global fixed income and commodities markets by investing primarily in a combination of underlying funds, based on each underlying fund's predominant asset class. These underlying funds, in turn, invest in a variety of U.S. and foreign equity, fixed-income and money market securities, and commodity linked instruments. The investment manager will vary the underlying funds&#146; allocation percentages based on the current inflationary and economic environment and the investment manager&#146;s tactical views. Generally, no more than 25% of the Fund&#146;s assets may be invested in any one underlying fund.</p><p>With respect to the portion of the Fund's portfolio invested in TIPS inflation-indexed securities, the investment manager sub-contracts with Franklin Templeton Institutional, LLC to manage the Fund&#146;s assets invested in inflation-indexed securities, predominantly TIPS. Inflation-indexed securities, including TIPS, are fixed-income securities that are structured to provide protection against inflation. The value of the security&#146;s principal or the interest income paid on the security is adjusted to track changes in an official inflation measure.</p><p>When selecting equity funds, the investment manager considers the underlying funds&#146; foreign and domestic exposure, market capitalization ranges, and investment style (growth vs. value). When selecting fixed-income funds, the investment manager focuses primarily on maximizing income. The investment manager invests in commodities funds and TIPS in an effort to hedge the Fund's portfolio against inflation.</p></div>Principal Risks<div><p>You could lose money by investing in the Fund. Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. government.</p><p>Asset Allocation</p><p>The Fund&#146;s ability to achieve its investment goal depends upon the investment manager&#146;s skill in determining the Fund&#146;s broad asset allocation mix and selecting underlying funds. There is the possibility that the investment manager&#146;s evaluations and assumptions regarding asset classes and underlying funds will not successfully achieve the Fund's investment goal in view of actual market trends.</p><p>Investing in Underlying Funds</p><p>Because the Fund&#146;s investments are concentrated in the underlying funds, and the Fund&#146;s performance is directly related to the performance of the underlying funds held by it, the ability of the Fund to achieve its investment goal is directly related to the ability of the underlying funds to meet their investment goal. In addition, shareholders of the Fund will indirectly bear the fees and expenses of the underlying funds. The risks described below are the principal risks of the Fund and the underlying funds. For purposes of the discussion below, &#147;Fund&#148; means the Fund and/or one or more of the underlying funds in which the Fund invests.</p><p>Market</p><p>The market values of securities owned by the Fund will go up or down, sometimes rapidly or unpredictably. A security&#146;s market value may be reduced by market activity or other results of supply and demand unrelated to the issuer. This is a basic risk associated with all securities. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise.</p><p>Individual stock prices tend to go up and down more dramatically than those of other types of investments. A slower-growth or recessionary economic environment could have an adverse effect on the prices of the various stocks held by the Fund.</p><p>Foreign Securities</p><p>Investing in foreign securities typically involves more risks than investing in U.S. securities, and includes risks associated with: political and economic developments - the political, economic and social structures of some foreign countries may be less stable and more volatile than those in the U.S.; trading practices - government supervision and regulation of foreign securities and currency markets, trading systems and brokers may be less than in the U.S.; availability of information - foreign issuers may not be subject to the same disclosure, accounting and financial reporting standards and practices as U.S. issuers; limited markets - the securities of certain foreign issuers may be less liquid (harder to sell) and more volatile; and currency exchange rate fluctuations and policies. The risks of foreign investments may be greater in developing or emerging market countries.</p><p>Inflation-Indexed Securities</p><p>Inflation-indexed securities have a tendency to react to changes in real interest rates. Real interest rates represent nominal (stated) interest rates lowered by the anticipated effect of inflation. In general, the price of an inflation-indexed security can decrease when real interest rates increase, and can increase when real interest rates decrease. Interest payments on inflation-indexed securities will fluctuate as the principal and/or interest is adjusted for inflation and can be unpredictable.</p><p>Interest Rate</p><p>When interest rates rise, debt security prices generally fall. The opposite is also generally true: debt security prices rise when interest rates fall. In general, securities with longer maturities are more sensitive to these interest rate changes.</p><p>Income</p><p>Because the Fund can only distribute what it earns, the Fund's distributions to shareholders may decline when prevailing interest rates fall or when the Fund experiences defaults on debt securities it holds.</p><p>Credit</p><p>An issuer of debt securities may fail to make interest payments and repay principal when due, in whole or in part. Changes in an issuer's financial strength or in a security's credit rating may affect a security's value.</p><p>Commodities</p><p>If the Fund invests in an underlying commodities fund, its returns will be subject to the unique risks of exposure to commodities. Investing in physical commodities, including trading in futures contracts thereon, is speculative and can be extremely volatile. Market prices of commodities may fluctuate rapidly based on numerous factors, including: changes in supply and demand relationships; weather; agriculture; trade; domestic and foreign political and economic events and policies; diseases; pestilence; technological developments; and monetary and other governmental policies, action and inaction. The current or &#147;spot&#148; prices of physical commodities may also affect, in a volatile and inconsistent manner, the prices of futures contracts in respect of the relevant commodity.</p><p>Derivative Instruments</p><p>The performance of derivative instruments (including currency-related derivatives) depends largely on the performance of an underlying currency, security or index, and such instruments often have risks similar to their underlying instrument, in addition to other risks. Derivatives involve costs and can create economic leverage in the Fund's portfolio which may result in significant volatility and cause the Fund to participate in losses (as well as gains) in an amount that exceeds the Fund's initial investment. Other risks include illiquidity, mispricing or improper valuation of the derivative instrument, and imperfect correlation between the value of the derivative and the underlying instrument so that the Fund may not realize the intended benefits. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.</p><p>Growth Style Investing</p><p>Growth stock prices reflect projections of future earnings or revenues, and can, therefore, fall dramatically if the company fails to meet those projections. Prices of these companies&#146; securities may be more volatile than other securities, particularly over the short term.</p><p>Value Style Investing</p><p>A value stock may not increase in price as anticipated by the investment manager if other investors fail to recognize the company's value and bid up the price, the markets favor faster-growing companies, or the factors that the investment manager believes will increase the price of the security do not occur.</p><p>Smaller and Midsize Companies</p><p>Securities issued by smaller and midsize companies may be more volatile in price than those of larger companies, involve substantial risks and should be considered speculative. Such risks may include greater sensitivity to economic conditions, less certain growth prospects, lack of depth of management and funds for growth and development and limited or less developed product lines and markets. In addition, smaller and midsize companies may be particularly affected by interest rate increases, as they may find it more difficult to borrow money to continue or expand operations, or may have difficulty in repaying any loans.</p><p>Prepayment</p><p>Prepayment risk occurs when a debt security can be repaid in whole or in part prior to the security's maturity and the Fund must reinvest the proceeds it receives, during periods of declining interest rates, in securities that pay a lower rate of interest.</p><p>Management</p><p>The Fund is subject to management risk because it is an actively managed investment portfolio. The Fund's investment manager applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these decisions will produce the desired results.</p><p>Because the Fund seeks returns that exceed the rate of inflation over time, if the investment manager's inflation forecasts are incorrect (e.g., in unanticipated high inflationary or deflationary periods), the Fund's performance may be impacted more than other funds.</p><p>Tax Risk</p><p>If an underlying fund fails to qualify as a regulated investment company under the Internal Revenue Code, such fund would be liable for federal, and possibly state, corporate taxes on its taxable income and gains. Such failure by an underlying fund is not expected to impact the ability of the Fund to qualify as a regulated investment company, however, the total return of the Fund may be decreased by the amount of any taxes due by the underlying fund as a result of such failure.</p></div>PerformanceBecause the Fund is new, it does not have a full calendar year of performance.<div><p>Because the Fund is new, it does not have a full calendar year of performance.</p></div>Class A, Class C and Class R distribution and service fees have been restated to reflect the maximum annual contractual rate for the current fiscal year. Consequently the total annual Fund operating expenses differ from the ratio of expenses to net assets shown in the Financial Highlights.Other expenses of the Fund have been restated to exclude non-recurring prior period expenses. If such expenses were included in the table above, the amounts stated would have been greater.Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.The investment manager has contractually agreed to waive fees or assume certain expenses so that common expenses (excluding Rule 12b-1 fees and acquired fund fees and expenses) for each class of the Fund do not exceed 0.45% (other than certain non-routine expenses), until September 30, 2013. The investment manager also has contractually agreed in advance to reduce its fee as a result of the Fund's investment in a Franklin Templeton money fund (acquired fund) for at least the next 12 months. Contractual fee waiver and/or expense reimbursement agreements may not be terminated during the period set forth above, but may or may not be renewed at the discretion of the investment manager thereafter. EX-101.PRE 5 ftfas-20121003_pre.xml EX-101.PRE EX-101.LAB 6 ftfas-20121003_lab.xml EX-101.LAB Expense Example, No Redemption: Shareholder Fees [Table] Annual Fund Operating Expenses [Table] Expense Example, With Redemption [Table] Bar Chart [Table] Performance [Table] Expense Example, No Redemption Narrative [Text Block] Market Index Performance [Table] Expense Example, No Redemption [Table] Risk/Return Detail [Table] Performance Measure [Axis] Before Taxes After Taxes on Distributions After Taxes on Distributions and Sales Amendment Description Amendment Flag Document Creation Date Document Effective Date Document [Axis] Prospectus Document Period End Date Document Type Entities [Table] Entity [Text Block] Series Trading Symbol Registrant Name Central Index Key Series [Axis] Risk/Return [Heading] Objective Section: Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Strategy Section: Strategy [Heading] Strategy Narrative [Text Block] Strategy Portfolio Concentration [Text] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Performance Past Does Not Indicate Future [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Bar Chart [Heading] Bar Chart Narrative [Text Block] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Annual Return Caption [Text] Caption Annual Return, Column [Text] Column Annual Return, Inception Date Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Year to Date Return, Label Bar Chart, Year to Date Return Bar Chart, Year to Date Return, Date Highest Quarterly Return, Label Label Highest Quarterly Return Highest Quarterly Return, Date Lowest Quarterly Return, Label Label Lowest Quarterly Return Lowest Quarterly Return, Date Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table Explanation after Tax Higher Caption Column Label 1 Year 5 Years 10 Years Since Inception Inception Date DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsLabel DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsYear01 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsYear05 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsYear10 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsSinceInception DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsInceptionDate DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesLabel DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesYear01 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesYear05 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesYear10 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesSinceInception DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesInceptionDate Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield DEPRECATED Market Index Return, Label DEPRECATED 1 Year DEPRECATED 5 Years DEPRECATED 10 Years DEPRECATED Market Index Return, Since inception DEPRECATED Market Index Return, Inception Date Performance Table Footnotes Performance Table Closing [Text Block] Risk Section: Risk [Heading] Risk Narrative [Text Block] Risk Nondiversified Status [Text] Risk Lose Money [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Risk Footnotes [Text Block] Risk Closing [Text Block] Expense [Heading] Expense Narrative [Text Block] Expense Breakpoint Discounts [Text] Expense Exchange Traded Fund Commissions [Text] Shareholder Fees Caption [Text] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Column [Text] Management Fees (as a percentage of Assets) Distribution and Service (12b-1) Fees Distribution or Similar (Non 12b-1) Fees Other Expenses (as a percentage of Assets): Other Expenses Other expenses of the Fund Other expenses of the Subsidiary (including Subsidiary management fee) Component3 Other Expenses Acquired Fund Fees and Expenses Expenses (as a percentage of Assets) Total Expenses Fee Waiver or Reimbursement Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Net Expenses Expenses Represent Both Master and Feeder [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expense Example [Heading] Expense Example Narrative [Text Block] Expense Example by Year [Heading] Expense Example by, Year, Caption [Text] Expense Example, By Year, Column [Text] Column Expense Example, with Redemption, 1 Year 1 Year Expense Example, with Redemption, 3 Years 3 Years Expense Example, with Redemption, 5 Years 5 Years Expense Example, with Redemption, 10 Years 10 Years Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, By Year, Column [Text] Column Expense Example, No Redemption, 1 Year 1 Year Expense Example, No Redemption, 3 Years 3 Years Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Expense Example Closing [Text Block] Prospectus Date Prospectus: Share Class [Axis] Share Classes Prospectus [Line Items] Form N-1A: Risk/Return: Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Bar Chart and Performance Table Section: Bar Chart Narrative: Bar Chart Table: Bar Chart Closing: Average Annual Return: DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAbstract DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesAbstract Market Index Return: Performance Narrative: Performance Table Section: Performance Table Closing: Expenses: Shareholder Fees: Operating Expenses: Net Expenses (as a percentage of Assets): Expenses (as a percentage of Assets): Other Expenses over Assets: Expense Footnotes: Expense Footnotes [Text Block] Expense Example Narrative: Expense Example: Expense Example Closing: Expense Example Footnotes [Text Block] Portfolio Turnover: Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint, Minimum Investment Required [Amount] Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Bar Chart Footnotes [Text Block] Performance Table One Class of after Tax Shown [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Index No Deduction for Fees, Expenses, Taxes [Text] Annual Return 2013 Annual Return 2014 Performance Availability Website Address [Text] Performance Availability Phone [Text] Franklin Templeton Multi-Asset Real Return FundFranklin Templeton Multi-Asset Real Return Fund Class AClass AFranklin Templeton Multi-Asset Real Return Fund Class CClass CFranklin Templeton Multi-Asset Real Return Fund Class RClass RFranklin Templeton Multi-Asset Real Return Fund Advisor ClassAdvisor Class ZIP 7 0001379491-12-000812-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001379491-12-000812-xbrl.zip M4$L#!!0````(`(MK0T%#IC2=F1\``/B;```2`!P`9G1F87,M,C`Q,C$P,#,N M>&UL550)``.U=6Q0M75L4'5X"P`!!"4.```$.0$``.P]VW+C-K+OI^K\`\J[ MV9TY)WQD02I*%,QN_7/M^>K>^M M_>/PO__KV\>ABN0^_I?!C$3OC[(1U^_7)EDVW=_8H%\;@UY_T._U-M?LF$@F M=\60AX>'+L[OIFH,(WN;&_AZR+5PP^5CUCIZ;T,F,%[\^.'Z8B-3/-&C5,4\ M`[+=]%RO9[.I*(FB^;G><"\0SKOU7G]]L^_FX)`PJ\ZP&+,TDH',/HIX""A""6^-@0$=V+\08QZ= M$CU'CU*O'=)>[Y=$FVG?;C1"*]9?(/U][]/25@B M"7O_(9*0)]*(P>>;D[4RUXH%U[D2AS;:WH>W#H![!6,W2ACEU`+B-29(#3`M M6?#GDT'2INA6F)I>/QDJ+`Z81+`]T*&\!XFM#K_,8Z%XEJIG<*H!!CX^$4D: MRZ09^.K+JX'9J*^EQ@G4*Z-2QR":BD?G22@>?Q`S9N7D&O.AVZHZMTXZ].!= MB['4F"MGESP6=7!GUT>7/UR<7[+;TX^?+DYOKR[9V>?+$W9T<7%U?'1[=0R]5Q;.UM?_AT94'X`ZM3CY6@3!Z5I@Z"M`N2 MYL%N%8H_IPKM=#0"\R'O12LXJZRMDZKP/I'VGAJ=;B9O&Q+Z*KS*)`/O")Z' M^.XLXN,ZG!&/M#`@*N,.OZV8Q&5+FAM,\Z^EOKL66:Z2$Y%Q&=WR821N`<2' M*`WNZO#^S5K*'"J-Q$8=%LR.\CAAQL;!KWC*@XS]#U/I`YLJ&7,U\Y[^FVA< M3%"-YN\%QW+4G/SF2(GL[IF1OJ@KP6/F"+2NE6X=1"$X/1Q"OYP*<%G0FC&@0EVO&;IB&43 MP9`SA*8*R(?]`;3G;IK*)#N1.DCS)-.M>'Y*2OV1&3(S:#B4@?_*O8B,,8BL*\9^^MVKP/4X/LS,#UW$?QQ*[!DE*4)#$]"W?67V["VYJ5_ ME(F,\[C<^&OQKUPJ$1[%.*N-(0PM-SU$A\U"$<`>1OK]6F_MSA>E+OL]2`#[F"H!(XJR,./#-,\0(#`(B4CA3^63"NRY!^.#O&,C ME<:63'#=22!!8Z4`?\AFJ.3Z_$5&$?YL@:P[JGK\M^+:_>Z#9309VGNP6 MO#T*0YD9BL]+7E3T8UZZ2/8()XJ`4&A9COF4N-@F>#??'UV??G]U<7)ZS"L?'H6>ZT:3/",W#DN<+E? M:GE-X:\HX_A23V_<3*6^M"4K*_K!A4LE9GSDCV@UCO,XCVC3;E#OCDGMKNZ% MNH*X18'(@",)1`MS_))C:;Q,;N"9K_/+,P@RN[WMW6TB[DFH7X'8G56([?TF M2-W]_9"Z]_]`ZHF`%^#97E]6*X2N@O;%R5Q)2ON_`4*?+J-?AN'1RY@7N;C_A9E!Y"WT[_3PZ/+R\]'%R9)OOIT>GUT>W[Y'3O]\=/IY9'O0-I,AD M$2WKH<4>)0E$:Q@HS`U[$8\Z!_6WXE-77K@5W03X3]DV.&"4FR.M16LV]%3S M-'"NM!G+\TA8S4&^*@FK&957)6$U@[$*"2=8VY+#''7H*`EOA+H'T]$?#/LU MDK!B*<,OHS3-DC037T0DXB_;V[N#O9W!X,N@M_9"TK-I[-RJ=+WH(OK+%_$D MU_=5%C%8OHC5)'C[*RYB<_DBGN`TG[2$*TR9G?5*M%U*`3:NU+60\A\3M M%Q+O5R1QYX6$]Q5)W'TAT5R%Q*/`E,O0LZ.H@O`^G>"]ES+-.Z;8OA)1+T?^ MNQ>2VJ]#_N8*CG$U<_QUR%_!):YFB)],_M-I7<'SK23H6UM]OW;X?,)6\&8K MB?!V_X4)6\%IK22<6SLO3-@*KFHEL=M:S#&0P']RB8FSNA8R'N9*4Z"\.J$K M.*SE,K>.[J!GW,%RDEZ(\A7\V'*A_"J4K^#0EDOM5Z%\!5^V7*Q_!>67(FO0 MP1]UT&^DM'K;[\.\I4,6W_IRNWCTT>.3<-EC74[ MS#>6U9D-,)_4LI6:V6G8A)0P+`E%B(W0B8BF5"ZDJI8RG=P@U=3;,_5`I-QK M+K('F4W:AYFF9YQG.8]_L8BRI^)4:1"$`Z>?AS;C!J M%O.06M6+X89Y,6@D!'L@>X1$;0#O["B`[UDG-IS1<&]U,16IBFD\C&5"QZXR M^.4VH<]^PO4F.59/@98DFG79491-TGP\,0SC`>TZRH6F_OU0L(DI*E01?!;Z":LON1?+_0["[=EL]WBL(_6*D6^\&;2MM%/H5MW1WB4UYC2U=@K/?;S6>S]C2Q4@'O;W^*VSI M8J1;VX.VE3YG2_<6L[===I^QI8MQOMM]#25=LLZ]K==0TL5(M_K])RGI95H: MZ0\S'+:LTW]NSBJ&*8-4E6D!H:L7MS9&/6TXEM#S"G[2!__;\YGMBU_"J1?Q MGH-&[SF/9A5:7LFKSN-9A9A7\K;S>%8@YK6\\#P>Y@JQGIM;NE,?=FN96H'E"Z=8GZ ME,\@<<:/9(!:&J,`25R'Z1S29$YJ'$LZV`P/'S!EEQF>`C>'D]'Z:?AOD"N9 M24AJWT"VN(9Y-J290-8:C-9LZJA]"VFG2RN+ARRS:V`*V8;)IRL4N+%S]!%R M'`D6-X_H-+@;RA^!#"*4UN>J"4I@P23$D1P'T4EN;HYD4TJOA5OZPT3BVF$& M&GB;X0LSE0X,47&D*:5/E2N""".5'<;ILI!?"H!I=-@Z"427G>1X[HQ>QUB3 M40*/>;&1U`'@P3)%IS*WA6D/L%.#W>Y@ZQM7+.'P#D^+%+94A6!)@9S2L?*B4&$G2[P1-P^K`O\)];&J4'^FH_(),C<"Z5!W M@BYFF%/NNF0DRW&S.(.-?90D!Q%@,3$)``YKCG+BRSA*AT``7ME`G>BX!R/Y2%($*F5N&:!NI:$=9-1) MW&'!J;@"9&41R,C2K'Q*M(G'0(A0L\_=FRY>9HC,`D@H8&TYQ"7ETV`6H#1F MLRDH5A3-V#8)E^["'A7U.3T!`4`=FO"D'40IC8::HEYTG^)(*A2ZFF3H*ES' MG\ZID,3','("^ET"[E:.0Q:&"=8,>Y$'>+\C-(<@(QE+5,0UU+_U=+1.1&"W"+"U!3.BX:J)/XF]H5L<$5W>H"=O31F15DHU3$,+'?6$3:"-'/ED`>R" M8^L2;W"*T#.\=;)N%=TWG>'-#CL)(K7,&+(;SU[?GG^Z>5O=`JQ5B$FHH%3R-M+=995TK. M#.A1"+Q0!(1+U]9`F(!E`1/)O51I0B38'D,#5;X491A6H*^]E^(!UO&=2,!Q M@H7L@+P"0ZBO`N9PL/U-Y4;5O"!:*^AK`D]@`Y*Y=;^LNJ$&+[$-+?JE\^$Z M>E;%L8-!S:$&0W8.VRRSW-P4Z["+BV.DTL!8Q`^?QB>9+EA/U[-;33-*9XNC M.Q2L5:39"TG)*^``SYW``J8JQ5OV^"^:1;H%..8HTYYK(K$N0BAJ`1G`,W_! MTR+@L0T7;-,IHXI$#=UTLT+L`-"=0FH:62\)NW"'ER03E'L2'L`YDG2]L/3" M]CL"-1'"6C8?-E[#^I5>IIG.:J`^P3:AU0L*4]HIS#F? M2HA0Y"^&3$7+,(;#0ZZS&<0';\8J?0!ANP=](^:"-ZPMH;*9BQ<3^8+79B4&#-BM7F&&QXU3!UA"V3F7H-3A3!;'AAY2KT%PQ M3EPX!X*1!#.G\N0_QQA7DV.IJAZ='&!'A?=J#&8KUG$H(]3.)>$I,$R@!.93 M:S<6NS%])RE8AWE@>K`);(.B.GH_2/)\;BP?74)O-;!N$4B!%)U",!Y*:^F6 MXIKHBVD4J.MVWVDOO?ZQ$F/8!KK;7(G?BAO0'B4FJ*#B:QX$0FM,5&8%-SVE MK#,5^(-N'C?6-KRM]^D'\N:3@C^^B/_"`"GNMF9UB28)0!%"^@ MS[!8S]AD?#M%[%*'YM4.3&YJ+T\K$?&LS+;\85:(YYA(U1#4Y/CQDP(Y ME=,,C@YSV[M[X&_VW@%EM;J""$]X8#@)_U!@VL9H&Q63KY*H"_I%D?\Y@ M694@QTQT>[%4^I!X1K?8@G$*=@K)"F$`[!?X6SSX`VH-44&('ED!E1CFR0"_ M/X''3QHC*1^W"ZAA5AX8K/8UANSW)%W*&FQ3!C34YM-I9-*"4,3&?M2$4X+A M$0H-FC2?=L`T`X(:W%VT/RG$7#B<(F(\FE1RP`8J&9E"E`_:""R#FD@*@H1A M/H._,:J5`8:?PBC2"`!UV86\$P]2"UM+K<$Q4PT8"W,.#A`IZH:*/AB%YDQG MZ-QK,\SNF/#M(3&80L7Q&"@X2A]!;D\(F:S/-@U.@NT;B.X M5%'%TGSX`I*QQD3,1!`3?H]))J@UUM,$QE*8\%CO9DDN[K8JF>;:+*(=UZU?MR$XYC!QS2HE`D<,86:?HV*Z)2MG* ME"E(<2+8%YA@*MV4W2NO2.=MNG5#N+(#S$-"4]:@S%@@867P@^J%U\#(@B%0 M<-QY5%0[&OA+I0-*W`.GP!C+6RQZ!OE/;$9!:'*'XN^3;_GOT6>_PU*X%_\S M+NL%`4;%#2R,%``>9+L_>RDVGN4C"=$5-ZO1D4V-"FK'EYE8T0O7/7"T3L4E7A@SJ%90-COG"]TU#>1W&DHAEG) M1^M.QJZ89[TO2GLZI121XF>JO)>#P+:*_69(B,2V/ZO8#6!_NRN,`Q\9I0G6 M&NX/`6E3!.Z&NLP<+&@LS$&(RGO-%"V?N\"+YICT"0;+? M#?N[+@>1A4`KXT?<:`)`?/#_4L&P`#8.C;!QB'/<0*O@@AM##`;A8!*2@.1P MQ$VHEE0XC7P!VA!G;;G'*";5,/7(64O4J#H4)'>$7QND*N6=Q])"X(WCPL]L ME$),)(>YZ)CP.8V$;>=.N"=","J@)3#; M+D8";5NX,HJBWMK:RXI4501&<[&]IY"5_*PC,%P9CG8,,$=`0:I\6O=]3S*?3%`J M@6HRD5-P].P!_"+0?X`?J)-`.B[.!%'P3U$N];LO+;$@>%4GFLX]'Z!BHM&& MOZ8(*$(=`N@BF"1IE(X)BA]$'A1MG,SU1DPX7T9P^+$Z"[_#[)D*$\*:'\9* MNE8+"'.9H.IIFGD):LGYINTW8D[7,TC6.[8O532)3=B,56AP%*9BE`C5J:4# M\^)"#MYT2VRZ`'L"!HDR#=NBJFK1"5B?>R-3YV7/:B[QK55-PG*6U^EB;TJI M=N'6NLLORRGZ;5'!B_`K0Z8JW5";J:FLA=@I'1"9$W#)]H0`'LOQR4E'P#P3 M&!F=U1!Z1EQ9?9;*!U].-+MA*RPXUN;1"*++2H9IEQ5YYVY0)P.*!TOIA0TP MYTVJWS(LJ^*F(%$]LJ-!'>0(!`>VSLH%KMC@J+@S[->`&;8Q%\Z%J!W+*F\@ M&'G`(YCP+]7=WUH[R,UW.2LG)2J505@Y14DNU.VRJY(%+J%C8"0I!*=^:2PU M"J:-?&4\57@&B!5ES:+(TR0Y-E&,&T*L,I*9JV;DV@9JV-4`P$8';0:!-=,6D@H- M1T1N/8)L.&TKQE3EE;-&T2[%#HC"-5%C)03" MV'HT@2A88,"BR,R<8_//D)F`UL8(5B&K)N,[4]^XH7Y5X>J:AE1*+O:PU M?S9-1<^(4>`%4+0IFX"]SXO>.D_L>M!+=$P<5:G12,-].E>3F`#'KZ)B&N\A M[;)/?D%%NXD81Y2=O5K0-!1-)0+#RDJ[EC01O+1"JW8O3,F5#@\Q;#Y4.?F_ M)#R+&'ED!$'9$YX!\O*N]LMPTA6QS#OP[\5F*[!88'1^$3XW M7>QEJA"0;^?3T@L997")_/]5=VV];=M0^'W`_H.184`*.)YE^1(/:(&N0+"' M#BV:[0?(L;(82*1";EK>-/BS!6%J//\CCIDWU0\-TBAL[)%M7V("H^0`W$Z,G MM.A*D(RRA+)9T*2CD7E6/N!H<(T&CQ]@92BORQJ/4`8E&35CCVQU$452--HB M@"#&C?\.?D\Q2A1 MO@8_%$4SJ>I6:2R-O"1'2"FWP M\$BZ6Q%/\?3+V6'8L""7S/40F"C1S139L:*1[PH$WJ M?$0L!,FB\&E*GF3)_;YD[@3TP29=6]HU-H:1J(+\GK`.*U3V6-`I>N><5@E^8AU-+(LU!@*)4:Y`0QBBL\.T=LD M64(;"JE59J?8AJ45:T:GZ]'JE> M*$0:HC^2`L_*W7[,UE^K`4<;M(Y*E*KOTZ\<+XKWMU2??3;#L3/3'8:\P&]*N6:;>A?8.K%NP4"D,R?RQN MS!6N]PGXP>_/S,D_LUDSJ,V/ZL-TRRR4B/<1I]G%/]=G'^2"B:'<-/&) ME@3^^YL3]A;U$YUPR?(10GZ54CZ%LT),()CA,2F@0Z5U5Y"&J/!OSKN)E=-@ MFK6K9P1+8%:F8#U)\UJM"%+65<,.(_2V<"W'RQ+$5&URB=/**=+`$M*MBG#! MP=Z9!.J5"5;_">;F'OYM\3H4I[->V'?SR_%\>:*^XWB,K^`A9.K[!DPXD8,L MSRX*=+\*T>>C$(?O'-+2P/F61=&4OTO94F,11IHEV?,5.`!#:QDN!_*KNTK; M0-417G)25*>3^7*\.-6,^/MDPTRWF+49;KJ[SIY&=1OI/(654%]E?XF-\-C6HZ&(@;B2)5.NO(T%F#F`8` M*01NO7_.DP+1_?8(0SF:K"ZB"K(C2+ZC-8PVJI`BT^D8Z11QG,>CZ>S7P;FH MA]#MU#K2=,QAEU?2 M*F]L0N@I3]2@2GTA\A66]7*:H=HT*LL:2F91FGZG2Q52*GQ8F+J4`58HW>%N MNJT1(X(':D6N:U`G8I;<-B]JX$HX,XHTQ7GAWM'^R^$ST)VY%WKLM%.$WO@. MO^Y-]X^%6[^DN-$?A#^/S&?YQF\8T+NPYC7_`BR//UA=K5%>Z_KDJ/9Y?Q:9 M5EEM.17JT_E" MO)=O".]E&-[1N$/`8Y\(MFQ$W"<+;%_7,,"[Y("QSP';-J)/`MB^KF&`=TG_ M8I_^':QQGT3O2,6"C&'4):>+?4YWL,9]LKV.`_W!VW+BM:;) M-#`W]ZW/\`+>PQIO?L?_/_S\T_]02P,$%`````@`BVM#03/I+0GU`@``)1(` M`!8`'`!F=&9A&UL550)``.U=6Q0M75L4'5X"P`! M!"4.```$.0$``-58[T_J,!3];N+_0/8^CVX#^6%$8_29O$2B`4W>-U.V.VC< M6M)V@O_]:[<5G!N+F"E//@#;/;?WW',/+7!VL8ZCU@MP01@=66[;L5I`?180 M.A]9CP\W]L"Z.#\^.HL(?3[53S,LH*62J#@-98C%R%I(N3Q%*+U"GN-ZKN-T MK!RC4S:0U6K57L]XU&9\KI!.!YD5#3P1MGQ=PG;5%)X(9`(Z;6@[KMUQ38Z& M!+*8D1+8W,.``2(F&NK>+`:EDT,L8D`U4 MD((")8UW/[=1D98E.@-*>P M=C#JU=X.J+T6P:_MRGE7DT%MVG^$Z!4Z@<9[9JDUQO(JP:)QBNFA3#.^! MAXS'VHUCP"+AT/CD2Q5JN&/N&_KYVU('VN:$2A20&.48%+`8$VK'$,^`?[B! M]Q\SL_W8^GW*O;BNH;PEF;,.("242+4GWZK+0GE82Z`!!(:`3OSP9S!?/F)^ M84UUC27CE3U)O&:4Q>F1(1G$(VL=T&CA^*S#]/TY+'-R9-63F\]W7!,GQ7P`?3()*/C))+D4@B0 M$\#1!&3"J>.-"U/.J>V76V:^'>$E+_:@IFUJY8/_I!]#SN*2AJ84V[>%5B(4 M$;;4E'%DM1@/@&=?"4QWA9[*-[57O\+`^<9\`//^II+(UTKK%D)-&W?JJ$>G MV^^>5'JS%#Z@_:HDTN8KM_#?^BL[5#]AKP\>6)P_31>80UJGTDRE<-.&NE+# M<)W>L%=MJ%+X@(;:)94V5;F-O4W5I)B]>C%[/T3,7KV8WO>(V:\7L_]#Q.S7 MB]GY'C$']6(.?HB8@WHQNX<_.RI^[GSI05*N5WF@[(05)EXM4@X@V3\SY\=' M_P!02P,$%`````@`BVM#08.V6V1.*```>3X"`!8`'`!F=&9A&UL550)``.U=6Q0M75L4'5X"P`!!"4.```$.0$``-U=6V_DN+%^ M#Y#_(#@O.WM/3T_NG M#^\)O=L[V-^?[/WOM\O9XAXEX2Y.LSQ,%V@G8/0_9N+'2[(('-ZB>"]%=V&..#K!(5\_ MH*\[&4X>8E3]=D_14HXXIK3@57+A*G_995H7*O^E8KY7MQ<7>LG^UI*'GG.4 M1C4*SE-31P7\EN8Q6;0XQKPY"96J()AE:/'^CCSN,0T.]B?[[,]=_N?N_L'N MP10U\<5N4$12AYX-SFZS7(:+O)*@-#KZ\Z``GN6,<_N M0XKN21PA>HY0-@]O8S1G%7S,V/_>@:NGM8WT*$U787R^2J/I`Z)L]*5W9?WI M40\O9UN#=G-_Q_E]W>!:%;8H:%N'XY">L&Z0:_$JB&QCNT9T26C";;46GIK. M;0]H#OBKD/*^^3BP#QB*VM;C6TA_1_D%,\+/0RM]4!%_];_%^-,4LXW_!F>_ MWZ!\1=-3E(+9=HP1VK!FZ;QB_> MBU18*U%[Y4\2DVNB]JN#U`YW/OI%R)P")M%9&FEZ19O&+]XYDZ2`*3[Y07>6 MYCC'Y1*L.]UJ??.(;ZV<$':^^L0H'3&M3W[0S6G(-^%FZ^26Q!UX[6\^:^\& MW?&Y1YCF5V$B[8A=$I]H3]B@I6$L5E'_0&LIW"Z-'[R7Z"Z,"T`2']3]ZF[= M]#,2/4^Y5*J^VT8TO?U/,6^8\3^4.X1*,F?XY!76^^P,SS7%24B5EEE-Y[)% M21H-P2BAM+[?R[I/CN[6^FZGHG*%3M[INE]=H3'NS6D(76&\)C1?DAB3$Y(N MA`>0K%@-Q*[VCMD"O[L%*&_P`04<[A09NX&>UB'2ZS!C:R6471&^X8H9=W2^ M8MZM.[\95,0A[L:2]"*.5YGHKMF_0HK#6QRSR<)T67AIS3;B%CP<:C9-T;]1 M2*?T$F4:\&TRA_B.H@CS*@OCQCZ]&J>(5R2*!*)3+/"D^3DER462H`@S$Q6OKRE:(-YUB]TCI7HO9NCFA+ZH M_Y-0NF4NH7"*BL2K))6L]!5$+K%=,+OZH-@<5].Y1#@Y/-S7`!.?'>.9Z/%, M7.,YT.,Y<(WG@Q[/!]=X/NKQ?'2-YP<]GA]CR?7>/YHL?S MQ36>0SV>0Z=X#O;W=?99?':,1V>?Q6?'>'3V67QVC$=GG\5GQWAT]EE\=HQ' M9Y_%9\=X=/99?':,1V>?Q6?'>'3V67QVC$=GG\5GMW@F>OL\<6V?)WK[/'%M MGR=Z^SRQ;Y_Y]MN<\*55(?22X^B`DM.XVE'H2E?L$_3(?.&3+&>UI+9Q_HSO M[E&6_W/%`"`:K]7MK*-TMM;HU%5`=>8^2&' MZ4!D6!G7R!MG;JQSIG>H>U8PH(!KS+]D*"O-_3F*$&63NKY9&%C(>>_F1V$Q M>@S3?$[FX?,I6B)*C;6N+.8:_]GS0QRFXDB\NG0A:K5[(V-X.>NK@D?6V'=H MP(&2FM`'1N7QDI;6`U+93$=)Y@$?7QGT-P^5=+X0]K:GE'2>$/8W')1T'A#. ML`C8*<\SS4@[]!X0:P]I3>0>\"HOV0TT`(;R8])HJ,DP,1B=3@.,C(G!V'0: M8I9,#,:DT[:&;"BC,>FXI>D;R&=,&E87CU]K&]M\QJCAJVUEA]%H=7R-[>PP M&JN.K[*E'49CU!',MBH8CE%G*%LKYV<].PQ)T;K8MSJW-"\I3D*!MZJBPIX!JS M(9[`2.XB$X;^[K^,P@4J=68.5U$-7)8QDD%!Y`0;22,L4ETO,8IF>=B_!*DD M\9US7[(<;Z2 M>(XA)5R@EJ\LFE^/7B84O(Q1>'O#P2G^2G.%F25YET?HR%TA/'L>2'"V'@:.11Q^WU" MD@1G_`T(!5I]$>M9>MJ9\^4F54'D&IO*T*KI[*]AGG&R2DY6R2H6@T+L:?.X MW#LT91,=D=^!ISF@>-%?TFQ3UKLF>3\J;U@91\@;LB\2-B-!T32]7E$VMC*4 M#6R++7DXTJR*SAS>(MH2GE&;6V%02?>]:IK>()P^HBQG*Y/-%)9E[?*HYHX[2?F]+ MPSLD'CY`Q;Q",2`49+;Q-5T0C]-`])&YW,G![42+=W`QE_BG=(83'(?TBJ1; M:6`H:+TG\_%<]4TE8!65;71LA?I`4M8S)\-PFNF=(3[8$K&2WAGB#ULB5M); MCR=;_+'"M-C#X,.%&0$CZF%E'.W>J&%ZP,1JXWO(3TNF;-:(D]L5S80S4&(< M4,`VYBN4&ZM23N.JA6_0`T49JY5CDM]_"]GJBQZ)GA?U)EB#BCCKF\*Z,OYN&N9+.>/K,Y)>8_Y9$5YZE!EJRC( MG>WTBB?WM%OX'1JWR+9]M]';OGX)X'C-PV2&U&>;T@=*^;)'1^D%I6KQ8R!V MBU4:?B8E\8"KFP5/2N(!5S<@3DKB'EDP8+1+R#WCU5L!";EGO'KK("'WB]=@-23D;O$:(D@,Q-;C/#=/!TCB9CL? MW6&1O9[8_>H.C=@K%R\2R%YZ5I$YV>,OWDF0O938^^RNOBYQBBYRE*BKJJ:P MO@]":'(U"14QP=VO+B+*RJN-ZB#E#H'U=JL>S9HSJ>01*1912C+G^)0QZ&I" M5UGW)`]ZZ8/2MRCH2H?-4MX`N4_G"J&H'@.Z-HWCK(L&;%TJ'S>UY0AUE*.Z M3SXEKWI\2&/N@!H^+L7]7J M!FI'-;JY&:2OSSZ9:WR&+2`/-YP4AWCZBE12NT4["*0G;'H?J*=UBW1HYU23 M.U__JV862CK_L39\^W2ZG".:X%3V@/E+.#BO=UEB]NNM$I*M=%Z,-TQ"Z;MMI M6FS*3Y?5RGUV3YZZ]F!H*:?SP2OTQ.,LCT-QL^TLRW'"GZ#730I513S&DAK@ M;U/2U8JANM)67/TR>6HUN;-8/'X]:+IL7!0R8M86<87[BN0GA-5<7$8&E4>.EB^GRBJ3,0*\HOP:IO*NT34G;6H@]PBMRBJ+5HO0_ MO/8JB&+7LP-_4!'KUJ?]N)_^+=2)Z[=0)_JW4"?VWT)M>+>CQQ`S&#C&^?H[ MNIWA'!U%$469YL4B31E/R&6I%K6D#9R]6?RA"87IKHHHB=%& MPZ>GI_="2T+O]OC[NWO\\UY$2]@H102'#TO#_AD*>)J\9=P@U]DO6P:^AW>P2#E'"(BG9+'B#$\H"KL9DE^#M.(; M5(P#SAD2\=ERR:-9'A$XY`UG<,R-#?/J)RCSO4$/9[,KEG"6NH[RAL17'"F< MI1%X3R@X!XPU>%>8,U)0K)PAR+POS7&.4?N>Q:LF=R5#T,DIY[F&G8,*EN!+ M@H(MW!":L2X)XTYY6E"A^ZJ5: MY]8)U.KLUY(O"-KI[7^*28,B(O\@Y(YR#;KABM@]=9([53N-<5)2&$- M_X;YNZ!D#^X$FIV#I)%%#38"P'68L>ZL&"`BXI M8**"2E90"`/L=?*@NHLX7F6BZV?_"BDNCXFGRV+^`K[KVY`<-$0'#=D!60:E M=#O:3U.1RV5*+QOG_%`*,N8!YQX0&G#^=E0XBB+,ZS",&\=!T*K40H+681"\ M(;1B]4#M6^_6L:537'NFK=*@M&EEWKGB07421B`#H=9C8\]*.<4.?2`D6>A` MI;VH(H298)%P'T47:;T?"*KANXV-8N,E$%*%OJ7<`*=!+=F*QCQ0>H9XY:+H M):'88-7`@005DK(J-EB")0,3--`$&SC5UB=^"@KFM*MX@AZQEP10:JO154L:[NH)X>'^_!6@W.U@'1B!>G$`M*MFG\PT@,+2#]80?K!`M*/5I!^ MM(#T!RM(?["`]),5I)\L(/UL!>EG"TB_6$'ZQ0+20RM(#Z&1,@P6?!3G:@&I M!1_%N5I`:L%'<:X6D%KP49S>`E(+/HISM8#4@H_B7"T@M>"C.%<+2"WX*,[5 M`E(+/HISM8#4@H_B7.&13JSXJ(D%'S6QXJ,F%GS4Q(J/FH#X*'[N,2=\35XP MKM;OKX8K#E1R(I;[F[T+P1UR2[4+'WBC5**$3?10.T9Z#=Z!;<'\C._N49;_ M<\5$(1JO@;M0R3[8\(?O1QH-`#>_P+N]'+;-.K>/'JKSJWL-5+>_)$\6>WW! MW6:G5^,?!ZN^=)-26CM%+[C;C@Z##M?H!6B5S&[CM MQV@5*FSDV%""QQA8"6/HZR'"&22A##;4:D3TG(AL1"`G]GV=6C$]I20;^OS" MWVHL_.@Y?W62K66`C%5?)RXKJ)QV*2VX`3)=O4'$HVAB]!BF^9S,P^63@&P_X_8:E!.Q)K8)$V13^@JW@;BN M!G![_<)::.%P70E5%B#?UKZ%PU+?^;2!>J\&G-V@#\5D-7KU#&XBO:AB- MMY`#\E4M8_$>4CP@&2Q)BM;%[N,,/2+&=_UOC.((<#]&B*AV.(40MM)9!T+, M.PLW>)0J@>[>[@V%FRMLT;P&)2>"E:66W![_7*\T.LBP$U_*6#P%0SD[G\/ ML=7%AK1[%V<#&'(YT=/*YEI!JA3\R8'R*3C+H2D;.3:4L!'=U%?!5I033V!H M(04;9PN:?HTS!,[;")LUAG.T$VHEL-I+%B.`DS3B;X)F>(E1-,M#H!0J!?06 M\Z#@#CC=Y4(N28;$P@8,-><8%&LE6*B-A1Y_:`<,<&M=)Y[P@<4MDJ/QEQ:B M4_3`C%%.Z)K]D.-\!>5FR^["'9$0%-22@H8H8,4`UZ1"`^ZZ M]Z3T*<[$,YD@#KO"7[,/-OP!!^;F,:CB#5:>Z;UXLO2$)`G.,GXF`:E.)2@H M)!7NL2$+4+7.:X.`SJ7WS"#\V487/*CKZ>,'/\8(G_GKZB>K9!6+T2<.M8K' MB?G[]B)A'T^.1_$"1*528%!++&\,%#*#OX99$`8/B/+QK5N@^S%!FM75;*I:R^=M4&^F.V[FZ"F"[ ME2LY[MI8I9FMEAVFH=W6;.J:WB"RCA$]XQ).1*$&1;:T4 MMV>%3JML;Y7MWH7A0T.KO13=\8??1ZH=?"N!0[17Y3#3XV*Z:J7_;^;"+OM' M0R-H'0!-\=%"K'3*:C_*,@2SJJJL;,E?7?-"(J1SJ36RI`?\J@/,MW76&^\" MP1D"<.\I=L!5GN3==?AU7E\!T)6>3`?XM5[*1HUX#145\W_(\5KQ+A:JEL=J MM::LXCG=0EKP5R9O=_(_0F%HI:9TAA,96A!EI.UI4@HH-:N%[N(V&U,4.\"$F MRPYZ0&,UYQ]!*YNUX/>0QSY,V2(.)[1TY!0YE^96ZU^/T:(QW$RMPN3.FBC<&?B MR.0'+0#U)PXAJ#!8J(<;E.5\:,])F4/K9$7YXU#`[5L(X..MJ\"X[7E3;06TAZ94;Y8%@;,MS=EUZM/V'F-^N#AW>` M5V)D.@!6ME6@(&]QF"O[`]SM&)D2@+5M%RG(/2ES=0->GY(I`5C=5I'"W/(: M8$H`+W_)M(`T)M:@7I&Z2FQ/"=X%5Z35`K5/M3Q#D&AI=[:@5-3NY$&GYQN8 M2#3A6YQ4=!K'EJ?N:_,&IA<]T':F&ITFL.:^^^J\A4E'#[6="4BG$:PY];XZ M;V$JTD5M:5K2-49.//T;FJ#8N'_4W:JP]G8#)=D#6N2K#.JR?,T1[C;\AJ6X MX@V+$B0^H&8G8JE.XC#+CIXQR'F)X!@(EL&OG"GH`RQQUP M%H.]@BW,>"(T7Y(8DSGC2!X1Y$[VAG=0,8?=Q.YAATUX(4$/[!.JUXB.TJB; MPL-"`HSZ?2)^ZMC/YP&9&Z/2;',*8T>1#7M0T*(Z[``6K$'!EO,5.W!+YB"` M9D!%3BZ["D#:ZRJR!1)QQ1,$8"\WT M#NQ9WE[RLV\XY3?2+T2R$EYW-ZBX054D,8`1WH+0X@0$\YPU_((T):@``T8R%/M[=FQO?7V MGD6KV^DET[0X`ILNJTV;V3UY`K%:_89FPLKF8S:J?LU92(3,6-"&>J65E*S%5 M]JTB[925.4]6I_@JI=B:[6EV1_(2P&HS+ M6UW<:I^NT)QT^RRHDCP+="U6W//B@@,FF?]#TH'A^V?CG?KI\HJDS`>M*$\" M!YM59Z-S0QYOWJ;$5NH@.$W%'O@5.471:E%.'7A=5HC$=C^$BL5>^Q5KODJ2 M+)Q]!AB]B..<;[^ MCFYG.$='4<1*PX2S-*8:34D!$Y4Q44$I"["_*'0#>T%+J9*08%3DB"Y:NH1T M4:%B?S4`*RGV%D0\Z[);813%^7S[ZXXZ;+&[C,^).=1Q4V;/K1:=DPHQ2^TY MXEH!/;EC[,60Y3ZM=WYATF-X4<I/..MAVTK<-;4KKVSZH@J&\HN:USV#2\ MLJ'`6/!705Q;Z]$IZ%J?!*41WWX_1=F"XM;]V09X&94OI.=Q>*>!*#X[QG9* M%BLN^X2BL/O`9`U12N4)Z=ERR:/''I$>:IO,$];&64?UD]PHFPIXPJ^RR9WO MGM`5QT%G::3O"6TR3UCGC+L:HOCJ>OZ6YCC'J'T!K3%):WWV@6VMFT)V"+S@ M4XV.UE?'R/@C5VSY/ULGMR3N0VM_]E)K-^B.3R+"-&\F@NC67H?*"](3-C)I M&(MEUS_JYT6[4+MDCK%>HKLP+I#(?4N7P-NJJG/C3;:0JD@<8YS>_J>8+"BB MWVNH2DI?B)65VJ/PA?":XB2D.FNN)O78#T@:#40M(7:][\WZ8([NUL;NJR+T MA%?9>;L$GO`-V6W4T'I"O8G".^&TW#G)U\8&>D^[ZI([NLIN,J",OWVM(9U' M3^X/^W68L<6="`!A\QJ\8/WD?,4EEXUS>*DZ;4I_B(^B"/,Z#>/&$8<6N;R$)UME M-$R>K%`O*\"`4TK_]J="4IJ0,KFWV&*^)&$DZ='&$IXT*$U!%8W-H(DW1%%T MD=:96M3J#"ON33<>TCU#O*91]))H@E`%V)KN3:'U6[L7@DIYR*,F?8.8_=;TY/!P7P]64/A%.#$BG'A&>&!$ MZ+N5/Q@1?O",\*,1X4?/"'\P(OS!,\)/1H2?/"/\;$3XV3/"+T:$7SPC/#0B M//2)D)4Q^!1!X1>AP:<("K\(#3Y%4/A%:/`I@L(O0H-/$11^$1I\BJ#PB]#@ M4P2%7X0&GR(H_"(T^!1!X1>AP:<("J\()T:?,O'L4R9&GS+Q[%,F1I\R<>Y3 M^.[^G/"5<('ALDE2PY23>=I9[()1[Q?V*$>"6+Y)H:5VC/QG?'>/LOR?*X8' MT7BM[1TZXC>*V_V^T.8H2`I*GU_UY1Q'2-'G@9W'@WMFT3MK\=+ M,:F[BYQ\3-CUW5U=Q),.JE=<^M![E)[OJ"K/U<<7Y2-@;!GJHRKC60M^BC[@ MT'U8,<^Z-()#3D2B',GI\X`RGK7XA;\G7WC1<_YV/5M12$W0P'*^1PF/T(C1 M8YCF?[5P<,J&E'@%IW M'*\E]X]=,:M34OI'W'XJ5`NY)!T)9MG6L))T')BEFW1*4O^89UA$S);A&(.P M=XKXU\$4>&(JX5\#Y;W]X<;&P&+$.FYAGDP\QJ[E,(-FXC%R+0>:0!./$6OY M`J,YE->(M=[>S`YD-6*=J[PI`':XS>H-Z`QAESN\WHK6K[33'5YO1.O7VNT. MKS>@-:0=5_!\`[4`:-?E+%WG[2,I6A<;A#/TB!B&];\QBB/E5HFIP%CP:S9- M!I09B1:M++UF!0KRD6`?#GL$B-GX//MCA1_9>$SSX?`EQ5SGQ;G'-%\;1ZV< MS"]6S0A54GI%K!B-,B*O.$T0O:$;,LITQ/YRVFIWLQ5TOM&JEB0JPE'@E2PF M5(1CP"M;!J@(?>,U3>!-!7SC-TR]#?2>3U35+W&ICU(E93QK88Z\,9;PD*7- MF#U*1N0!IS:/G*>(("YZ2!20@LX'6I)&_`G*#"\QBF9Y*$U)H:3T@/B29$@L M+N0PZ\\>L#46/?P=#CG"+I&75F>FGR=1CT[1`S,Y.:%K]D..\Y7X'W18/ MN/CWD[TWAT]Q)M[BDWA*#:T?U-43D3SG<_%2XPE)$IQE?%-=B5]?RG5&R_8# M74JCKZ#SC%;C"M2DSE>/S_PUZY-5LHK%6!-'+<5[J?P5=)%XC&?;HG@A74QN M4WQLNN722-UAQ?SHTH!RD;"I&'\=^'I%V9#-4#:\O;9DXT?7*LA[JU;3%AJ7 M'H-::E!A[WUQFMX@G#ZB+&=+!/R((Y1&_-RV=8YK;KR7,S7W--1XE-[6XFM0?9BU*3Y:O?@.<5]-1EB'9 M@D!'[!OW`+1^9\\*1R$C(?$RWBHF):J MAYJ"TC'BYNR$AZTA^LCF9Y.#VXE)@\$E/6HTI3.#L9N+^-+A8'L=E$5\Z?!A>QV415S''R_^ M6&%:;$9RN\'LXQ`]AA7SLS>K!?Y64;JW,JQ9OX?\:'K*%BLXN5W13,P"=+@' ME/FOT,)]:URA?$C'D9.](:P^UO`%AAOT0%'&FOF8Y/??PBQGD(1QBV2+I4&E M?%F6IFOY.626.:GQ:M(EB3DY:R\M5Z6ASF*YJ1,EW.R MHOR%$UW+*4KX.E$,DP=-=B8YF5>L6QPWJTMXU>!XS>-B!]9YFW@$N)6;(SKB M,>#6;)$8Z-\T>F^^K<2C"L:74KT9I*.H54E>>2G5FT$ZBEJ57,204KT9I&.H M5=EU$2G5FT'JNU:O2'V:MY5G5A<@]&U@M$O2TJ\>0W&U@IF/RXI\>8U\-T*YGL5!GK7]SPWKR_+[]9V MOGM#)ZZ4ZN`5!-[PB3`>\HR9)B%4W#YH4WNKT$J?H M(D>)MCIK(M=G7(0F5Y-0?;>X2^#AEE>9ATI[_;E#X[JU" M%E92^D:LNQ.OIG6,^KA\%^,HC;H7]8V7Y+-MD MGK"6LQ0SVB[A"/+Z*3'KB$>`6YD\<"N%C%S&K&F9)A%(XRXWWUEMU&JI2?UE M@1E@8K74GO/7&)W+7$5[Z$&W*/P>[=9#51%Z/O.@QJQFG0, M,6EJW'IR[Q&CYK[L'[4BP%G35PP%_-3Z)DF*L<[[E)X1F[?^_&>`4<2'&2M; M6<`K_J&PQX'6Z,GUY%ZQ;]')U25\[]=HYE!*TM'%S_/=^.ERCFB"BR?W)/N/ M+V#BNVT4CT%*R7QG3OJ&4WZ_^$+D=.`5>X.*ZSE'";]PK!P9PSF,)7/I#0HS MDC8^7Z3B;R(#`*'%80'F"3SX?57&ZR))4(19(\7K:XH6B._3LN*8#'@9TXI4 M3_MF0^REAM9S^T_3XAQHNJPV56;WY$EB:886]#D7OD)/_-K<<2A2`YUE.68] M"9DNG*I*C>>^H%FA;0I[6F-5.8&*3#D#9A?J$KYNPO#\'=-E(Y/'$"VTI3QI M[I"<]+M1VJUAK/PI.-9_53Q='E%4N8M5I1GG]+E$]FF ML&.]Q%;Q%3E%T6I1ND=>O15BL1W>5VA0*=>6KK&5?[`_D43#]2C\(OQH1/C1 MHQ\_>@PQH\`QSM??T>T,Y^@HBBC*9#$5@XJ-0Q?%@RQ:Z@9RT@;-_AWF9'/? M])ZBY=>=9;X,LUW6?@<3AO7]_#Q\\??_B&DMOZFJJ`\'6G M]_FGO^U54G]JU%P+`:M:LJ)UUKR25Z&57JRACD4%5Q6;Q(QS>O=U!Z6[O\QV M?CJG8?H[XQ+,$5^LYR0-OJWB'.^*]6'`9N!Q4/3C@)OL2A'.[2>76_4*U>N& M5U41H1&B7W&M@E;W&3H$JAA:F:2UAEQ;0^H!&?#\)-^&'ZR-`P_^1Z& M)]X[QJ>!P_!3IT\<6!V&+VB8`<-PE+4]H!(&5#G,,/RL'X:?+0W#S[Z'X8WW MCO%YX##\W.D3'ZP.PQL09 MH<5P]-X]O@P.CU<'X@N;1#L;1U_F`JM!5_)__U/SEDOVM\1/[SVV8 M(?;+_P-02P,$%`````@`BVM#0;SS$IO,`@``&!$``!8`'`!F=&9A&UL550)``.U=6Q0M75L4'5X"P`!!"4.```$.0$``-58;6_: M,!#^7JG_`66?@Q.@O%2E555UTB2Z5K!*^U:9Y`+6$CNR34G__6R'!$("ZRJW M6T$"XGON[O$]%U_$Q566Q*UGX((P.G;\MN>T@`8L)'0Q=AY_?'6'SM7EZIXOGI[OK/!:)<2LEZOV]FK[;+5-H2"BK'IL$9R@W%E#.JS`! M07O!GA'GAKCK==S.L`"'0&HTU-HA!J2103]G0$JH()5RK+L%TD<_[R:S8`D) M=@D5$M,`=A.0(V7AU_<,PC1Y0):CIMB/FCT0@9JW.9-P%G,4PA:NGO MQ^FW@P75=O3`F4@AD"NA,AEWK>+8$21)8RC6EARBH\*H;W`Q8J#=>5K&6QQ MO\U2H`)N,[S+T1;OO>C6^7YG4P@A2:4ZRM^7>R53\SY2#@*HQ!HR40L5/I!) MH"&$!2/M^JI[F24+C%-SD"/*:'ZECG9W M>[2;7:NEIPDL<'Q+)9$OUQDI[[T8SR$>._O6HAB*T=]PC62$A:YY1\W.KLEM MEIYFGGIU>X/>V1TD<^![Z6OF>OY=(:YYE0OF01%0_:RH4)\8&P1*,5?QW&!) MXE+`B+.D7HPB%VL@VF(\!#6-.^J)HR"]1[5I6;?2^W18?K*^H<%>>0=Q_K0= M6;.E*J+)V-!3!V&VF^M&:>)[_5&_N;EJYG_:7'\JGNZR^H84P0@XAW"2[^D@ M`9-=JN=@,,C7]:=-#?K'->A_.@WZUC3H?I0&@^,:##Z=!@-K&O0^2H/A<0V& MGTZ#H34-SOZ76=GPC/^^@[.6KVEL-H,JC7*H2*CR]\;EZ'-D550)``.U M=6Q0M75L4'5X"P`!!"4.```$.0$``-67WV^;,!#'WR?M?XAX-P;2Y@<*J:9- MG2:U>V@S:6^5`T=J%6QFFR7[[V<[.#0E84I_27UU:Z5>H\U53EJY/6EE&(5!,'2:@K*'/8^;I2B(,:`=#/SM&0`\2C+8$=">5]-\%1I1)15@*CP/0GC(^U5/) MSZ)PW&>Q5>P"=-Y3`Q9.IU-L;YV4R?!8$1$PM5=(1<0*U'=2@JQ("D=[!0HH MM>TE%^47R$E=Z-?YJR8%S2EDWMQT*6&,*Z)T.V^/5459SN& M'[A;D]ME?<53ZZ?'Q)R0LT/F$0HCO;/\C303A7<`I[*T MN^8T%F?W?);>;\$1&$4VG/%2ORW_D?F*D,I:8RA4ZQ"U#I^#UK,(C]`=^@@U MYJ@U/\S2[$P+DWB7@K`'_;H78"9&<7:MERC])"6H&R#%#:A:L""ZAG()0B]F M.UXN[SCC):'LFX)RH<\:MUY*155M8+\*7E>)9S]!,=42;\!HH6?(3(H2M9;3 MK!G+NQ,QMD[U.%&>+2Q25@M;HB;?)LD#"=\&^C<\&Y^=OW5.W4@OP/ZL?87! M:#IZ<^QNI-?`'KT;]N@ULS)NV%/3L?&N_\.^H_$7U!+`0(>`Q0` M```(`(MK0T%#IC2=F1\``/B;```2`!@```````$```"D@0````!F=&9A`L``00E#@``!#D!``!02P$"'@,4```` M"`"+:T-!,^DM"?4"```E$@``%@`8```````!````I('E'P``9G1F87,M,C`Q M,C$P,#-?9&5F+GAM;%54!0`#M75L4'5X"P`!!"4.```$.0$``%!+`0(>`Q0` M```(`(MK0T&#MEMD3B@``'D^`@`6`!@```````$```"D@2HC``!F=&9A&UL550%``.U=6Q0=7@+``$$)0X```0Y`0``4$L!`AX# M%`````@`BVM#0;SS$IO,`@``&!$``!8`&````````0```*2!R$L``&9T9F%S M+3(P,3(Q,#`S7W!R92YX;6Q55`4``[5U;%!U>`L``00E#@``!#D!``!02P$" M'@,4````"`"+:T-!`F?>`+("``!Q#```$@`8```````!````I('D3@``9G1F M87,M,C`Q,C$P,#,N>'-D550%``.U=6Q0=7@+``$$)0X```0Y`0``4$L%!@`` 0```%``4`Q`$``.)1```````` ` end XML 8 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 9 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\Q8F(S,V1A-E\Q,3%D7S0P,S=?8C9C,%\V.6,X M861A,S8Y-V,B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T#I%>&-E;%=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@ M(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'1087)T7S%B8C,S9&$V7S$Q,61?-#`S-U]B-F,P7S8Y M8SAA9&$S-CDW8PT*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\Q8F(S M,V1A-E\Q,3%D7S0P,S=?8C9C,%\V.6,X861A,S8Y-V,O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M3QS M<&%N/CPO'0^26YV97-T;65N="!';V%L/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^4F5A;"!R971U'0^1F5E6]U(&UA>2!P87D@:68@>6]U(&)U>2!A;F0@:&]L M9"!S:&%R97,@;V8@=&AE($9U;F0N(%EO=2!M87D@<75A;&EF>2!F;W(@6]U M&EM=6T@1&5F97)R960@4V%L M97,@0VAA'!E;G-E6]U&-L M=61E(&YO;BUR96-U'!E;G-E2!A9W)E960@=&\@=V%I=F4@9F5E'!E;G-E'!E;G-E'!E M;G-E6]U M(&EN=F5S="`D,3`L,#`P(&EN('1H92!&=6YD(&9O6]U'!E;G-E($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@,2!996%R/&)R M/CPO=&@^#0H@("`@("`@("`@("`@(#QT:"!C;&%S'!E;G-E($5X86UP;&4L($YO(%)E9&5M<'1I;VX-"@T*#0H-"BA54T0@ M)"D\8G(^/"]S=')O;F<^/"]T:#X-"B`@("`@("`@("`@("`@/'1H(&-L87-S M/3-$=&@^17AP96YS92!%>&%M<&QE+"!.;R!2961E;7!T:6]N+"`Q(%EE87(\ M8G(^/"]T:#X-"B`@("`@("`@("`@("`@/'1H(&-L87-S/3-$=&@^17AP96YS M92!%>&%M<&QE+"!.;R!2961E;7!T:6]N+"`S(%EE87)S/&)R/CPO=&@^#0H@ M("`@("`@("`@("`@(#QT:"!C;&%S'!E;G-E($5X86UP;&4L($YO(%)E9&5M<'1I M;VXL(#$P(%EE87)S/&)R/CPO=&@^#0H@("`@("`@("`@("`\+W1R/@T*("`@ M("`@("`@("`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`^/'`^4')E<&%Y;65N="!R:7-K(&]C8W5R2!A&%B;&4@:6YC;VUE(&%N9"!G86EN2!B92!D96-R96%S960@8GD@=&AE(&%M M;W5N="!O9B!A;GD@=&%X97,@9'5E(&)Y('1H92!U;F1E7!E.B!T97AT M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^ M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT M/3-$)W1E>'0O:'1M;#L@8VAA2`S,2P-"@D),C`Q,CQS<&%N M/CPO5)E9VES=')A M;G1.86UE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#Y&4D%.2TQ) M3B!414U03$543TX@1E5.1"!!3$Q/0T%43U(@4T522453/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S3PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^3V-T(#$L#0H)"3(P,3(\3QS<&%N/CPO2!;5&5X="!";&]C:UT\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E M($YA'!E;G-E3F%R6]U(&UA>2!P87D@:68@>6]U M(&)U>2!A;F0@:&]L9"!S:&%R97,@;V8@=&AE($9U;F0N(%EO=2!M87D@<75A M;&EF>2!F;W(@6]U'!E;G-E'!E;G-E6]U7,@ M=')A;G-A8W1I;VX@8V]S=',L('-U8V@@87,@8V]M;6ES&%M<&QE+"!A9F9E8W0@=&AE($9U M;F0G65A'1=/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^6]U'!E;G-E($)R96%K<&]I;G0L($UI;FEM M=6T@26YV97-T;65N="!297%U:7)E9"!;06UO=6YT73PO=&0^#0H@("`@("`@ M(#QT9"!C;&%S&%M<&QE(%M(96%D:6YG73PO=&0^#0H@("`@("`@(#QT M9"!C;&%S&%M<&QE2&5A9&EN9SPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^17AA;7!L93QS<&%N/CPO&%M<&QE($YA'!E;G-E17AA;7!L94YA'1";&]C:SPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^5&AI&%M<&QE(&ES(&EN=&5N9&5D('1O M(&AE;'`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`^/'`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`@("`@("`@/'1D(&-L87-S/3-$=&@^'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E M;G-E'!E;G-E'!E M;G-E'!E;G-E&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL M(#$@665A&%M<&QE665A'!E;G-E($5X86UP;&4L('=I=&@@4F5D M96UP=&EO;BP@-2!996%R&%M<&QE665A&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL(#$P(%EE87)S M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&EM=6T@0W5M=6QA=&EV92!386QE M&EM M=6U$969E'!E;G-E'!E;G-E'!E;G-E'!E;G-E'!E M;G-E($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@,2!996%R/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE+"!W:71H(%)E M9&5M<'1I;VXL(#,@665A'!E;G-E17AA;7!L95EE87(P,SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'!E;G-E($5X86UP M;&4L('=I=&@@4F5D96UP=&EO;BP@,3`@665A'!E;G-E17AA;7!L95EE87(Q,#PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S&%M<&QE+"!.;R!2961E;7!T:6]N+"`S(%EE87)S M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E;G-E($5X86UP;&4L($YO(%)E9&5M<'1I;VXL(#4@665A'!E;G-E17AA;7!L94YO4F5D M96UP=&EO;EEE87(P-3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E17AA;7!L94YO4F5D96UP=&EO M;EEE87(Q,#PO=&0^#0H@("`@("`@(#QT9"!C;&%S&EM=6U#=6UU;&%T M:79E4V%L97-#:&%R9V5/=F5R3V9F97)I;F=0&EM=6T@1&5F97)R M960@4V%L97,@0VAA'!E;G-E17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E M;G-E($5X86UP;&4L('=I=&@@4F5D96UP=&EO;BP@,R!996%R&%M<&QE665A&%M<&QE+"!W:71H M(%)E9&5M<'1I;VXL(#4@665A'!E;G-E17AA;7!L95EE87(P-3PO=&0^#0H@("`@("`@(#QT M9"!C;&%S&%M<&QE665A'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E'!E;G-E'!E;G-E'!E;G-E&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL(#$@665A&%M<&QE M665A&%M<&QE+"!W:71H(%)E9&5M<'1I;VXL(#4@ M665A'!E;G-E M17AA;7!L95EE87(P-3PO=&0^#0H@("`@("`@(#QT9"!C;&%S&%M<&QE665A&-L=61E(&YO;BUR96-U'!E;G-E2!A9W)E960@=&\@ M=V%I=F4@9F5E'!E;G-E'!E;G-E'!E;G-E2!N;W0@8F4@=&5R;6EN871E9"!D=7)I;F<@=&AE M('!E7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\ M>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC'1087)T7S%B8C,S9&$V7S$Q,61?-#`S-U]B-F,P7S8Y8SAA9&$S (-CDW8RTM#0H` ` end XML 10 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 11 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate May 31, 2012
Registrant Name dei_EntityRegistrantName FRANKLIN TEMPLETON FUND ALLOCATOR SERIES
Central Index Key dei_EntityCentralIndexKey 0001022804
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Sep. 27, 2012
Document Effective Date dei_DocumentEffectiveDate Oct. 01, 2012
Prospectus Date rr_ProspectusDate Oct. 01, 2012
Risk/Return [Heading] rr_RiskReturnHeading Fund Summary
Franklin Templeton Multi-Asset Real Return Fund
 
Risk/Return: rr_RiskReturnAbstract  
Objective [Heading] rr_ObjectiveHeading Investment Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Real return.
Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. More information about these and other discounts is available from your financial professional and under “Your Account” on page 73 in the Fund's Prospectus and under “Buying and Selling Shares” on page 78 of the Fund’s Statement of Additional Information.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption

ANNUAL FUND OPERATING EXPENSES

(expenses that you pay each year as a percentage of the value of your investment)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 27.24% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 27.24%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee waiver and/or expense reimbursement by the investment manager and/or administrator for the 1 Year numbers only. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption If you do not sell your shares:
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal market conditions, the Fund uses a flexible allocation strategy that is diversified across broad asset classes, including global equities, global fixed income and commodities, and seeks real return which is total return that exceeds U.S. inflation over a full inflation cycle, typically 5 years. In periods shorter than a full inflation cycle, the Fund's returns may be volatile as compared to the CPI or lag behind inflation.

The Fund is structured as a limited "fund-of-funds" meaning that it seeks to achieve its investment goal by investing its assets primarily in other mutual funds, predominantly other Franklin Templeton mutual funds (underlying funds). The Fund also invests a portion of its assets in inflation-indexed securities, predominantly Treasury Inflation-Protected Securities (TIPS).

With respect to the portion of the Fund's portfolio invested in underlying funds, under normal market conditions, the investment manager allocates the Fund’s assets among the broad asset classes representing exposure to global equities, global fixed income and commodities markets by investing primarily in a combination of underlying funds, based on each underlying fund's predominant asset class. These underlying funds, in turn, invest in a variety of U.S. and foreign equity, fixed-income and money market securities, and commodity linked instruments. The investment manager will vary the underlying funds’ allocation percentages based on the current inflationary and economic environment and the investment manager’s tactical views. Generally, no more than 25% of the Fund’s assets may be invested in any one underlying fund.

With respect to the portion of the Fund's portfolio invested in TIPS inflation-indexed securities, the investment manager sub-contracts with Franklin Templeton Institutional, LLC to manage the Fund’s assets invested in inflation-indexed securities, predominantly TIPS. Inflation-indexed securities, including TIPS, are fixed-income securities that are structured to provide protection against inflation. The value of the security’s principal or the interest income paid on the security is adjusted to track changes in an official inflation measure.

When selecting equity funds, the investment manager considers the underlying funds’ foreign and domestic exposure, market capitalization ranges, and investment style (growth vs. value). When selecting fixed-income funds, the investment manager focuses primarily on maximizing income. The investment manager invests in commodities funds and TIPS in an effort to hedge the Fund's portfolio against inflation.

Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

You could lose money by investing in the Fund. Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. government.

Asset Allocation

The Fund’s ability to achieve its investment goal depends upon the investment manager’s skill in determining the Fund’s broad asset allocation mix and selecting underlying funds. There is the possibility that the investment manager’s evaluations and assumptions regarding asset classes and underlying funds will not successfully achieve the Fund's investment goal in view of actual market trends.

Investing in Underlying Funds

Because the Fund’s investments are concentrated in the underlying funds, and the Fund’s performance is directly related to the performance of the underlying funds held by it, the ability of the Fund to achieve its investment goal is directly related to the ability of the underlying funds to meet their investment goal. In addition, shareholders of the Fund will indirectly bear the fees and expenses of the underlying funds. The risks described below are the principal risks of the Fund and the underlying funds. For purposes of the discussion below, “Fund” means the Fund and/or one or more of the underlying funds in which the Fund invests.

Market

The market values of securities owned by the Fund will go up or down, sometimes rapidly or unpredictably. A security’s market value may be reduced by market activity or other results of supply and demand unrelated to the issuer. This is a basic risk associated with all securities. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise.

Individual stock prices tend to go up and down more dramatically than those of other types of investments. A slower-growth or recessionary economic environment could have an adverse effect on the prices of the various stocks held by the Fund.

Foreign Securities

Investing in foreign securities typically involves more risks than investing in U.S. securities, and includes risks associated with: political and economic developments - the political, economic and social structures of some foreign countries may be less stable and more volatile than those in the U.S.; trading practices - government supervision and regulation of foreign securities and currency markets, trading systems and brokers may be less than in the U.S.; availability of information - foreign issuers may not be subject to the same disclosure, accounting and financial reporting standards and practices as U.S. issuers; limited markets - the securities of certain foreign issuers may be less liquid (harder to sell) and more volatile; and currency exchange rate fluctuations and policies. The risks of foreign investments may be greater in developing or emerging market countries.

Inflation-Indexed Securities

Inflation-indexed securities have a tendency to react to changes in real interest rates. Real interest rates represent nominal (stated) interest rates lowered by the anticipated effect of inflation. In general, the price of an inflation-indexed security can decrease when real interest rates increase, and can increase when real interest rates decrease. Interest payments on inflation-indexed securities will fluctuate as the principal and/or interest is adjusted for inflation and can be unpredictable.

Interest Rate

When interest rates rise, debt security prices generally fall. The opposite is also generally true: debt security prices rise when interest rates fall. In general, securities with longer maturities are more sensitive to these interest rate changes.

Income

Because the Fund can only distribute what it earns, the Fund's distributions to shareholders may decline when prevailing interest rates fall or when the Fund experiences defaults on debt securities it holds.

Credit

An issuer of debt securities may fail to make interest payments and repay principal when due, in whole or in part. Changes in an issuer's financial strength or in a security's credit rating may affect a security's value.

Commodities

If the Fund invests in an underlying commodities fund, its returns will be subject to the unique risks of exposure to commodities. Investing in physical commodities, including trading in futures contracts thereon, is speculative and can be extremely volatile. Market prices of commodities may fluctuate rapidly based on numerous factors, including: changes in supply and demand relationships; weather; agriculture; trade; domestic and foreign political and economic events and policies; diseases; pestilence; technological developments; and monetary and other governmental policies, action and inaction. The current or “spot” prices of physical commodities may also affect, in a volatile and inconsistent manner, the prices of futures contracts in respect of the relevant commodity.

Derivative Instruments

The performance of derivative instruments (including currency-related derivatives) depends largely on the performance of an underlying currency, security or index, and such instruments often have risks similar to their underlying instrument, in addition to other risks. Derivatives involve costs and can create economic leverage in the Fund's portfolio which may result in significant volatility and cause the Fund to participate in losses (as well as gains) in an amount that exceeds the Fund's initial investment. Other risks include illiquidity, mispricing or improper valuation of the derivative instrument, and imperfect correlation between the value of the derivative and the underlying instrument so that the Fund may not realize the intended benefits. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.

Growth Style Investing

Growth stock prices reflect projections of future earnings or revenues, and can, therefore, fall dramatically if the company fails to meet those projections. Prices of these companies’ securities may be more volatile than other securities, particularly over the short term.

Value Style Investing

A value stock may not increase in price as anticipated by the investment manager if other investors fail to recognize the company's value and bid up the price, the markets favor faster-growing companies, or the factors that the investment manager believes will increase the price of the security do not occur.

Smaller and Midsize Companies

Securities issued by smaller and midsize companies may be more volatile in price than those of larger companies, involve substantial risks and should be considered speculative. Such risks may include greater sensitivity to economic conditions, less certain growth prospects, lack of depth of management and funds for growth and development and limited or less developed product lines and markets. In addition, smaller and midsize companies may be particularly affected by interest rate increases, as they may find it more difficult to borrow money to continue or expand operations, or may have difficulty in repaying any loans.

Prepayment

Prepayment risk occurs when a debt security can be repaid in whole or in part prior to the security's maturity and the Fund must reinvest the proceeds it receives, during periods of declining interest rates, in securities that pay a lower rate of interest.

Management

The Fund is subject to management risk because it is an actively managed investment portfolio. The Fund's investment manager applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these decisions will produce the desired results.

Because the Fund seeks returns that exceed the rate of inflation over time, if the investment manager's inflation forecasts are incorrect (e.g., in unanticipated high inflationary or deflationary periods), the Fund's performance may be impacted more than other funds.

Tax Risk

If an underlying fund fails to qualify as a regulated investment company under the Internal Revenue Code, such fund would be liable for federal, and possibly state, corporate taxes on its taxable income and gains. Such failure by an underlying fund is not expected to impact the ability of the Fund to qualify as a regulated investment company, however, the total return of the Fund may be decreased by the amount of any taxes due by the underlying fund as a result of such failure.

Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

Because the Fund is new, it does not have a full calendar year of performance.

Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Because the Fund is new, it does not have a full calendar year of performance.
Franklin Templeton Multi-Asset Real Return Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Cumulative Sales Charge (as a percentage of Offering Price) rr_MaximumCumulativeSalesChargeOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (as a percentage of Offering Price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees (as a percentage of Assets) rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.30% [1]
Other Expenses (as a percentage of Assets): rr_OtherExpensesOverAssets 3.25% [2]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.61% [3]
Expenses (as a percentage of Assets) rr_ExpensesOverAssets 4.41% [2]
Fee Waiver or Reimbursement rr_FeeWaiverOrReimbursementOverAssets (3.05%) [4]
Net Expenses (as a percentage of Assets) rr_NetExpensesOverAssets 1.36%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 706
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,572
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 2,449
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 4,687
Franklin Templeton Multi-Asset Real Return Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Cumulative Sales Charge (as a percentage of Offering Price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage of Offering Price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fees (as a percentage of Assets) rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00% [1]
Other Expenses (as a percentage of Assets): rr_OtherExpensesOverAssets 3.25% [2]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.61% [3]
Expenses (as a percentage of Assets) rr_ExpensesOverAssets 5.11% [2]
Fee Waiver or Reimbursement rr_FeeWaiverOrReimbursementOverAssets (3.05%) [4]
Net Expenses (as a percentage of Assets) rr_NetExpensesOverAssets 2.06%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 309
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,260
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 2,308
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 4,920
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 209
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 1,260
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 2,308
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 4,920
Franklin Templeton Multi-Asset Real Return Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Cumulative Sales Charge (as a percentage of Offering Price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage of Offering Price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees (as a percentage of Assets) rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50% [1]
Other Expenses (as a percentage of Assets): rr_OtherExpensesOverAssets 3.25% [2]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.61% [3]
Expenses (as a percentage of Assets) rr_ExpensesOverAssets 4.61% [2]
Fee Waiver or Reimbursement rr_FeeWaiverOrReimbursementOverAssets (3.05%) [4]
Net Expenses (as a percentage of Assets) rr_NetExpensesOverAssets 1.56%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 159
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,116
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 2,081
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 4,526
Franklin Templeton Multi-Asset Real Return Fund | Advisor Class
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Cumulative Sales Charge (as a percentage of Offering Price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage of Offering Price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees (as a percentage of Assets) rr_ManagementFeesOverAssets 0.25%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none [1]
Other Expenses (as a percentage of Assets): rr_OtherExpensesOverAssets 3.25% [2]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.61% [3]
Expenses (as a percentage of Assets) rr_ExpensesOverAssets 4.11% [2]
Fee Waiver or Reimbursement rr_FeeWaiverOrReimbursementOverAssets (3.05%) [4]
Net Expenses (as a percentage of Assets) rr_NetExpensesOverAssets 1.06%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 108
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 970
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,848
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 4,110
[1] Class A, Class C and Class R distribution and service fees have been restated to reflect the maximum annual contractual rate for the current fiscal year. Consequently the total annual Fund operating expenses differ from the ratio of expenses to net assets shown in the Financial Highlights.
[2] Other expenses of the Fund have been restated to exclude non-recurring prior period expenses. If such expenses were included in the table above, the amounts stated would have been greater.
[3] Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.
[4] The investment manager has contractually agreed to waive fees or assume certain expenses so that common expenses (excluding Rule 12b-1 fees and acquired fund fees and expenses) for each class of the Fund do not exceed 0.45% (other than certain non-routine expenses), until September 30, 2013. The investment manager also has contractually agreed in advance to reduce its fee as a result of the Fund's investment in a Franklin Templeton money fund (acquired fund) for at least the next 12 months. Contractual fee waiver and/or expense reimbursement agreements may not be terminated during the period set forth above, but may or may not be renewed at the discretion of the investment manager thereafter.
XML 12 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fund Summary
Franklin Templeton Multi-Asset Real Return Fund
Investment Goal
Real return.
Fees and Expenses of the Fund
These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. More information about these and other discounts is available from your financial professional and under “Your Account” on page 73 in the Fund's Prospectus and under “Buying and Selling Shares” on page 78 of the Fund’s Statement of Additional Information.
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees Franklin Templeton Multi-Asset Real Return Fund
Class A
Class C
Class R
Advisor Class
Maximum Cumulative Sales Charge (as a percentage of Offering Price) 5.75% none none none
Maximum Deferred Sales Charge (as a percentage of Offering Price) none 1.00% none none

ANNUAL FUND OPERATING EXPENSES

(expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses Franklin Templeton Multi-Asset Real Return Fund
Class A
Class C
Class R
Advisor Class
Management Fees (as a percentage of Assets) 0.25% 0.25% 0.25% 0.25%
Distribution and Service (12b-1) Fees [1] 0.30% 1.00% 0.50% none
Other Expenses (as a percentage of Assets): [2] 3.25% 3.25% 3.25% 3.25%
Acquired Fund Fees and Expenses [3] 0.61% 0.61% 0.61% 0.61%
Expenses (as a percentage of Assets) [2] 4.41% 5.11% 4.61% 4.11%
Fee Waiver or Reimbursement [4] (3.05%) (3.05%) (3.05%) (3.05%)
Net Expenses (as a percentage of Assets) 1.36% 2.06% 1.56% 1.06%
[1] Class A, Class C and Class R distribution and service fees have been restated to reflect the maximum annual contractual rate for the current fiscal year. Consequently the total annual Fund operating expenses differ from the ratio of expenses to net assets shown in the Financial Highlights.
[2] Other expenses of the Fund have been restated to exclude non-recurring prior period expenses. If such expenses were included in the table above, the amounts stated would have been greater.
[3] Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.
[4] The investment manager has contractually agreed to waive fees or assume certain expenses so that common expenses (excluding Rule 12b-1 fees and acquired fund fees and expenses) for each class of the Fund do not exceed 0.45% (other than certain non-routine expenses), until September 30, 2013. The investment manager also has contractually agreed in advance to reduce its fee as a result of the Fund's investment in a Franklin Templeton money fund (acquired fund) for at least the next 12 months. Contractual fee waiver and/or expense reimbursement agreements may not be terminated during the period set forth above, but may or may not be renewed at the discretion of the investment manager thereafter.
Example
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee waiver and/or expense reimbursement by the investment manager and/or administrator for the 1 Year numbers only. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Franklin Templeton Multi-Asset Real Return Fund (USD $)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A
706 1,572 2,449 4,687
Class C
309 1,260 2,308 4,920
Class R
159 1,116 2,081 4,526
Advisor Class
108 970 1,848 4,110
If you do not sell your shares:
Expense Example, No Redemption (USD $)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Franklin Templeton Multi-Asset Real Return Fund Class C
209 1,260 2,308 4,920
Portfolio Turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 27.24% of the average value of its portfolio.

Principal Investment Strategies

Under normal market conditions, the Fund uses a flexible allocation strategy that is diversified across broad asset classes, including global equities, global fixed income and commodities, and seeks real return which is total return that exceeds U.S. inflation over a full inflation cycle, typically 5 years. In periods shorter than a full inflation cycle, the Fund's returns may be volatile as compared to the CPI or lag behind inflation.

The Fund is structured as a limited "fund-of-funds" meaning that it seeks to achieve its investment goal by investing its assets primarily in other mutual funds, predominantly other Franklin Templeton mutual funds (underlying funds). The Fund also invests a portion of its assets in inflation-indexed securities, predominantly Treasury Inflation-Protected Securities (TIPS).

With respect to the portion of the Fund's portfolio invested in underlying funds, under normal market conditions, the investment manager allocates the Fund’s assets among the broad asset classes representing exposure to global equities, global fixed income and commodities markets by investing primarily in a combination of underlying funds, based on each underlying fund's predominant asset class. These underlying funds, in turn, invest in a variety of U.S. and foreign equity, fixed-income and money market securities, and commodity linked instruments. The investment manager will vary the underlying funds’ allocation percentages based on the current inflationary and economic environment and the investment manager’s tactical views. Generally, no more than 25% of the Fund’s assets may be invested in any one underlying fund.

With respect to the portion of the Fund's portfolio invested in TIPS inflation-indexed securities, the investment manager sub-contracts with Franklin Templeton Institutional, LLC to manage the Fund’s assets invested in inflation-indexed securities, predominantly TIPS. Inflation-indexed securities, including TIPS, are fixed-income securities that are structured to provide protection against inflation. The value of the security’s principal or the interest income paid on the security is adjusted to track changes in an official inflation measure.

When selecting equity funds, the investment manager considers the underlying funds’ foreign and domestic exposure, market capitalization ranges, and investment style (growth vs. value). When selecting fixed-income funds, the investment manager focuses primarily on maximizing income. The investment manager invests in commodities funds and TIPS in an effort to hedge the Fund's portfolio against inflation.

Principal Risks

You could lose money by investing in the Fund. Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. government.

Asset Allocation

The Fund’s ability to achieve its investment goal depends upon the investment manager’s skill in determining the Fund’s broad asset allocation mix and selecting underlying funds. There is the possibility that the investment manager’s evaluations and assumptions regarding asset classes and underlying funds will not successfully achieve the Fund's investment goal in view of actual market trends.

Investing in Underlying Funds

Because the Fund’s investments are concentrated in the underlying funds, and the Fund’s performance is directly related to the performance of the underlying funds held by it, the ability of the Fund to achieve its investment goal is directly related to the ability of the underlying funds to meet their investment goal. In addition, shareholders of the Fund will indirectly bear the fees and expenses of the underlying funds. The risks described below are the principal risks of the Fund and the underlying funds. For purposes of the discussion below, “Fund” means the Fund and/or one or more of the underlying funds in which the Fund invests.

Market

The market values of securities owned by the Fund will go up or down, sometimes rapidly or unpredictably. A security’s market value may be reduced by market activity or other results of supply and demand unrelated to the issuer. This is a basic risk associated with all securities. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise.

Individual stock prices tend to go up and down more dramatically than those of other types of investments. A slower-growth or recessionary economic environment could have an adverse effect on the prices of the various stocks held by the Fund.

Foreign Securities

Investing in foreign securities typically involves more risks than investing in U.S. securities, and includes risks associated with: political and economic developments - the political, economic and social structures of some foreign countries may be less stable and more volatile than those in the U.S.; trading practices - government supervision and regulation of foreign securities and currency markets, trading systems and brokers may be less than in the U.S.; availability of information - foreign issuers may not be subject to the same disclosure, accounting and financial reporting standards and practices as U.S. issuers; limited markets - the securities of certain foreign issuers may be less liquid (harder to sell) and more volatile; and currency exchange rate fluctuations and policies. The risks of foreign investments may be greater in developing or emerging market countries.

Inflation-Indexed Securities

Inflation-indexed securities have a tendency to react to changes in real interest rates. Real interest rates represent nominal (stated) interest rates lowered by the anticipated effect of inflation. In general, the price of an inflation-indexed security can decrease when real interest rates increase, and can increase when real interest rates decrease. Interest payments on inflation-indexed securities will fluctuate as the principal and/or interest is adjusted for inflation and can be unpredictable.

Interest Rate

When interest rates rise, debt security prices generally fall. The opposite is also generally true: debt security prices rise when interest rates fall. In general, securities with longer maturities are more sensitive to these interest rate changes.

Income

Because the Fund can only distribute what it earns, the Fund's distributions to shareholders may decline when prevailing interest rates fall or when the Fund experiences defaults on debt securities it holds.

Credit

An issuer of debt securities may fail to make interest payments and repay principal when due, in whole or in part. Changes in an issuer's financial strength or in a security's credit rating may affect a security's value.

Commodities

If the Fund invests in an underlying commodities fund, its returns will be subject to the unique risks of exposure to commodities. Investing in physical commodities, including trading in futures contracts thereon, is speculative and can be extremely volatile. Market prices of commodities may fluctuate rapidly based on numerous factors, including: changes in supply and demand relationships; weather; agriculture; trade; domestic and foreign political and economic events and policies; diseases; pestilence; technological developments; and monetary and other governmental policies, action and inaction. The current or “spot” prices of physical commodities may also affect, in a volatile and inconsistent manner, the prices of futures contracts in respect of the relevant commodity.

Derivative Instruments

The performance of derivative instruments (including currency-related derivatives) depends largely on the performance of an underlying currency, security or index, and such instruments often have risks similar to their underlying instrument, in addition to other risks. Derivatives involve costs and can create economic leverage in the Fund's portfolio which may result in significant volatility and cause the Fund to participate in losses (as well as gains) in an amount that exceeds the Fund's initial investment. Other risks include illiquidity, mispricing or improper valuation of the derivative instrument, and imperfect correlation between the value of the derivative and the underlying instrument so that the Fund may not realize the intended benefits. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.

Growth Style Investing

Growth stock prices reflect projections of future earnings or revenues, and can, therefore, fall dramatically if the company fails to meet those projections. Prices of these companies’ securities may be more volatile than other securities, particularly over the short term.

Value Style Investing

A value stock may not increase in price as anticipated by the investment manager if other investors fail to recognize the company's value and bid up the price, the markets favor faster-growing companies, or the factors that the investment manager believes will increase the price of the security do not occur.

Smaller and Midsize Companies

Securities issued by smaller and midsize companies may be more volatile in price than those of larger companies, involve substantial risks and should be considered speculative. Such risks may include greater sensitivity to economic conditions, less certain growth prospects, lack of depth of management and funds for growth and development and limited or less developed product lines and markets. In addition, smaller and midsize companies may be particularly affected by interest rate increases, as they may find it more difficult to borrow money to continue or expand operations, or may have difficulty in repaying any loans.

Prepayment

Prepayment risk occurs when a debt security can be repaid in whole or in part prior to the security's maturity and the Fund must reinvest the proceeds it receives, during periods of declining interest rates, in securities that pay a lower rate of interest.

Management

The Fund is subject to management risk because it is an actively managed investment portfolio. The Fund's investment manager applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these decisions will produce the desired results.

Because the Fund seeks returns that exceed the rate of inflation over time, if the investment manager's inflation forecasts are incorrect (e.g., in unanticipated high inflationary or deflationary periods), the Fund's performance may be impacted more than other funds.

Tax Risk

If an underlying fund fails to qualify as a regulated investment company under the Internal Revenue Code, such fund would be liable for federal, and possibly state, corporate taxes on its taxable income and gains. Such failure by an underlying fund is not expected to impact the ability of the Fund to qualify as a regulated investment company, however, the total return of the Fund may be decreased by the amount of any taxes due by the underlying fund as a result of such failure.

Performance

Because the Fund is new, it does not have a full calendar year of performance.

XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 6 52 1 true 5 0 false 4 false true R1.htm 010000 - Document - Risk/Return Summary {Unlabeled} Sheet http://xbrl.sec.gov/rr/role/RiskReturn Risk/Return Summary false false R7.htm 040000 - Disclosure - Risk/Return Detail Data {Elements} Sheet http://xbrl.sec.gov/rr/role/RiskReturnDetailData Risk/Return Detail Data true false All Reports Book All Reports ftfas-20121003.xml ftfas-20121003.xsd ftfas-20121003_def.xml ftfas-20121003_lab.xml ftfas-20121003_pre.xml true true