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-0.58% 3 years--
3 months+3.75% 5 years--
1 year+6.52% Since inception+8.28%
Data through --

Peer Comparisonvs. Target date 2046-2050

Performance 5-yr return--+10.07%
Expense ratio1.12%1.04%
Risk 5 year sharpe ratio--0.82
Net assets$1.1M$608.9M
Average market cap$34.3B$32.1B
Average P/E17.618.1
Portfolio turnover21%21%

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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. stock60.59%
International stock25.93%
Fixed income6.03%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FHJSX Strategic Advisers┬« Core Multi-Mgr F19.74%
FGWBX Strategic Advisers┬« Value Multi-Mgr F19.65%
FMBKX Strategic Advisers┬« Intl Multi-Mgr F19.57%
FFSPX Strategic Advisers┬« Growth Multi-Mgr F16.49%
FARMX Strategic Advisers┬« S-M Cp Multi-Mgr F9.73%
FSWPX Strategic Advisers┬« Emg Mkts Fd of Fds F6.53%
FLTSX Strategic Advisers┬« Inc Opps Fd of Fds F4.20%
FCSFX Fidelity┬« Series Commodity Strategy F0.89%
FEDFX Fidelity┬« Series Emerging Mkts Debt F0.63%
FSBFX Fidelity┬« Short-Term Bond F0.55%

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