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

9.31
Net Asset Value
+0.11%
1 Day
-10.39%
Year-to-Date
Overall Morningstar Rating
Target date 2046-2050
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-4.71% 3 years--
3 months-12.39% 5 years--
1 year-12.97% Since inception+0.37%
Data through --

Peer Comparisonvs. Target date 2046-2050

 FMJLXCategory
Performance 5-yr return--+6.71%
Expense ratio1.03%0.98%
Risk 5 year sharpe ratio--0.51
Net assets$1.1M$655.2M
Average market cap$33.9B$31.0B
Average P/E16.817.3
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. stock59.75%
International stock28.13%
Cash6.83%
Fixed income5.07%
Other0.22%
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 F19.72%
FHJSX Strategic Advisers® Core Multi-Manager Fund Class F19.47%
FGWBX Strategic Advisers® Value Multi-Manager Fund Class F19.36%
FFSPX Strategic Advisers® Growth Multi-Manager Fund Class F16.26%
FARMX Strategic Advisers® Small-Mid Cap Multi-Manager Fund Class F9.55%
FSWPX Strategic Advisers® Emerging Markets Fund of Funds Class F8.48%
FLTSX Strategic Advisers® Income Opportunities Fund of Funds Class F3.04%
FCSFX Fidelity® Series Commodity Strategy F Class0.73%
FEDFX Fidelity® Series Emerging Markets Debt Fund Class F0.60%
FMAKX Strategic Advisers® Core Income Multi-Manager Fund Class F0.51%

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