FRANKLIN TEMPLETON GROUP
777 Mariners Island Boulevard
San Mateo, CA 94404
May 3, 2000
Filed Via EDGAR (CIK #0000014698)
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: FRANKLIN ASSET ALLOCATION FUND
File Nos. 2-12647 and 811-730
Ladies/Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, this is to certify
that the forms of Prospectus and Statement of Additional Information that would
have been filed under Rule 497(c) do not differ from those contained in
Post-Effective Amendment No. 62 to the Registration Statement on Form N-1A,
which was filed electronically with the Securities and Exchange Commission on
April 27, 2000.
Sincerely yours,
FRANKLIN ASSET ALLOCATION FUND
/s/David P. Goss
David P. Goss
Counsel
DPG:nk
cc: Mark H. Plafker, Esq.