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Fidelity® Multi-Manager 2030 Fund Class L (FMJIX)

11.57
Net Asset Value
-1.03%
1 Day
+8.43%
Year-to-Date
Overall Morningstar Rating
Target-date 2030
Style or Category
No Load
Sales Expenses
1.05%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks high total return until its target retirement date; thereafter the fund's objective will be to seek high current income and, as a secondary objective, capital appreciation. The fund invests in a combination of domestic equity, international equity (developed and emerging markets), bond and short-term affiliated funds (i.e., Strategic Advisers  and Fidelity  Funds) and non-affiliated funds that participate in Fidelity's FundsNetwork .

Performance

1 month-0.60% 3 years+6.09%
3 months+3.21% 5 years--
1 year+12.64% Since inception+7.40%
Data through --

Peer Comparisonvs. Target-date 2030

 FMJIXCategory
Performance 5-yr return--+8.39%
Expense ratio1.05%0.86%
Risk 5 year sharpe ratio--1.14
Net assets$2.9M$2.7B
Average market cap$37.4B$37.5B
Average P/E19.219.4
Portfolio turnover25%25%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 4 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock49.31%
International stock27.23%
Fixed income17.27%
Cash5.98%
Other0.21%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FMBKX Strategic Advisers® International Multi-Manager Fund Class F18.80%
FGWBX Strategic Advisers® Value Multi-Manager Fund Class F16.04%
FHJSX Strategic Advisers® Core Multi-Manager Fund Class F15.76%
FFSPX Strategic Advisers® Growth Multi-Manager Fund Class F13.10%
FMAKX Strategic Advisers® Core Income Multi-Manager Fund Class F12.59%
FSWPX Strategic Advisers® Emerging Markets Fund of Funds Class F9.12%
FARMX Strategic Advisers® Small-Mid Cap Multi-Manager Fund Class F8.10%
FCSFX Fidelity® Series Commodity Strategy Fund Class F1.60%
FLTSX Strategic Advisers® Income Opportunities Fund of Funds Class F1.47%
FFIPX Fidelity® Series Inflation-Protected Bond Index Fund Class F0.77%