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

11.33
Net Asset Value
-0.26%
1 Day
-0.44%
Year-to-Date
Overall Morningstar Rating
Target date 2046-2050
Style or Category
No Load
Sales Expenses
1.03%
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 ®.

Performance

1 month+0.18% 3 years--
3 months-0.94% 5 years--
1 year+6.02% Since inception+7.62%
Data through --

Peer Comparisonvs. Target date 2046-2050

 FMJLXCategory
Performance 5-yr return--+11.92%
Expense ratio1.03%1.01%
Risk 5 year sharpe ratio--1.01
Net assets$1.3M$666.1M
Average market cap$35.1B$32.1B
Average P/E18.118.7
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--

Holdings

U.S. stock59.35%
International stock28.93%
Cash6.72%
Fixed income4.72%
Other0.28%
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 F19.91%
FGWBX Strategic Advisers® Value Multi-Manager Fund Class F19.49%
FHJSX Strategic Advisers® Core Multi-Manager Fund Class F19.36%
FFSPX Strategic Advisers® Growth Multi-Manager Fund Class F16.17%
FARMX Strategic Advisers® Small-Mid Cap Multi-Manager Fund Class F9.82%
FSWPX Strategic Advisers® Emerging Markets Fund of Funds Class F8.01%
FLTSX Strategic Advisers® Income Opportunities Fund of Funds Class F3.21%
FCSFX Fidelity® Series Commodity Strategy F Class0.79%
FMAKX Strategic Advisers® Core Income Multi-Manager Fund Class F0.64%
FEDFX Fidelity® Series Emerging Markets Debt Fund Class F0.60%