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

11.88
Net Asset Value
-0.42%
1 Day
+1.54%
Year-to-Date
Overall Morningstar Rating
Target date 2046-2050
Style or Category
No Load
Sales Expenses
1.12%
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-2.45% 3 years--
3 months-1.32% 5 years--
1 year-- Since inception+9.92%
Data through --

Peer Comparisonvs. Target date 2046-2050

 FMJLXCategory
Performance 5-yr return--+14.69%
Expense ratio1.12%1.07%
Risk 5 year sharpe ratio--0.97
Net assets$1.0M$620.4M
Average market cap$32.9B$31.8B
Average P/E17.318.0
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 1 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock59.86%
International stock27.05%
Fixed income7.54%
Cash5.02%
Other0.53%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FMBKX Strategic Advisers┬« Intl Multi-Mgr F20.38%
FGWBX Strategic Advisers┬« Value Multi-Mgr F19.19%
FHJSX Strategic Advisers┬« Core Multi-Mgr F19.19%
FFSPX Strategic Advisers┬« Growth Multi-Mgr F16.06%
FARMX Strategic Advisers┬« S-M Cp Multi-Mgr F9.55%
FSWPX Strategic Advisers┬« Emg Mkts Fd of Fds F6.38%
FLTSX Strategic Advisers┬« Inc Opps Fd of Fds F4.74%
FMAKX Strategic Advisers┬« Core Inc Multi-Mgr F1.94%
FCSFX Fidelity┬« Series Commodity Strategy F0.91%
FEDFX Fidelity┬« Series Emerging Mkts Debt F0.73%

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