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

10.41
Net Asset Value
+0.68%
1 Day
+0.19%
Year-to-Date
Overall Morningstar Rating
Target-date 2050
Style or Category
No Load
Sales Expenses
1.03%
Expense Ratio
Average
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-1.23% 3 years--
3 months+8.58% 5 years--
1 year-6.41% Since inception+3.26%
Data through --

Peer Comparisonvs. Target-date 2050

 FMJLXCategory
Performance 5-yr return--+5.90%
Expense ratio1.03%0.97%
Risk 5 year sharpe ratio--0.51
Net assets$1.3M$716.2M
Average market cap$31.1B$31.0B
Average P/E16.217.4
Portfolio turnover15%15%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 3 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock59.12%
International stock29.04%
Cash6.46%
Fixed income5.15%
Other0.23%
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 F20.18%
FHJSX Strategic Advisers® Core Multi-Manager Fund Class F19.23%
FGWBX Strategic Advisers® Value Multi-Manager Fund Class F19.15%
FFSPX Strategic Advisers® Growth Multi-Manager Fund Class F15.95%
FARMX Strategic Advisers® Small-Mid Cap Multi-Manager Fund Class F9.70%
FSWPX Strategic Advisers® Emerging Markets Fund of Funds Class F8.84%
FLTSX Strategic Advisers® Income Opportunities Fund of Funds Class F3.04%
FCSFX Fidelity® Series Commodity Strategy Fund Class F1.21%
FMAKX Strategic Advisers® Core Income Multi-Manager Fund Class F0.66%
FEDFX Fidelity® Series Emerging Markets Debt Fund Class F0.65%

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