Strategic Advisers® Multi-Manager 2050 Fund Class L (FMJLX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target date 2046-2050
Style or Category
No Load
Sales Expenses
Expense Ratio
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 underlying domestic equity, international equity, bond and short-term affiliated funds (i.e., Strategic Advisers and Fidelity Funds) and non-affiliated funds that participate in Fidelity's FundsNetwork «.


1 month-1.22% 3 years--
3 months+1.10% 5 years--
1 year+3.06% Since inception+9.22%
Data through --

Peer Comparisonvs. Target date 2046-2050

Performance 5-yr return--+9.81%
Expense ratio1.03%1.03%
Risk 5 year sharpe ratio--0.98
Net assets$1.3M$673.8M
Average market cap$35.3B$32.1B
Average P/E18.218.7
Portfolio turnover15%15%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 2 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock59.08%
International stock28.93%
Fixed income4.86%
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 F20.14%
FGWBX Strategic Advisers┬« Value Multi-Manager Fund Class F19.53%
FHJSX Strategic Advisers┬« Core Multi-Manager Fund Class F19.36%
FFSPX Strategic Advisers┬« Growth Multi-Manager Fund Class F16.06%
FARMX Strategic Advisers┬« Small-Mid Cap Multi-Manager Fund Class F9.65%
FSWPX Strategic Advisers┬« Emerging Markets Fund of Funds Class F8.02%
FLTSX Strategic Advisers┬« Income Opportunities Fund of Funds Class F3.20%
FCSFX Fidelity┬« Series Commodity Strategy F Class0.77%
FEDFX Fidelity┬« Series Emerging Markets Debt Fund Class F0.60%
FFHFX Fidelity┬« Series Floating Rate High Inc F0.48%

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