Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity® Multi-Manager 2050 Fund Class L (FMJLX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target-date 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+3.17% 3 years--
3 months+2.69% 5 years--
1 year-1.25% Since inception+3.27%
Data through --

Peer Comparisonvs. Target-date 2050

Performance 5-yr return--+6.35%
Expense ratio1.11%0.97%
Risk 5 year sharpe ratio--0.58
Net assets$1.4M$733.9M
Average market cap$33.1B$31.3B
Average P/E17.217.7
Portfolio turnover31%31%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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


U.S. stock60.06%
International stock28.94%
Fixed income4.67%
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 F19.99%
FHJSX Strategic Advisers® Core Multi-Manager Fund Class F19.26%
FGWBX Strategic Advisers® Value Multi-Manager Fund Class F19.17%
FFSPX Strategic Advisers® Growth Multi-Manager Fund Class F16.14%
FARMX Strategic Advisers® Small-Mid Cap Multi-Manager Fund Class F9.61%
FSWPX Strategic Advisers® Emerging Markets Fund of Funds Class F9.12%
FLTSX Strategic Advisers® Income Opportunities Fund of Funds Class F2.79%
FCSFX Fidelity® Series Commodity Strategy Fund Class F1.50%
FEDFX Fidelity® Series Emerging Markets Debt Fund Class F0.64%
FFIPX Fidelity® Series Inflation-Protected Bond Index Fund Class F0.49%

Partner Offers