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

11.94
Net Asset Value
+0.25%
1 Day
+4.92%
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+2.14% 3 years--
3 months+6.53% 5 years--
1 year+9.03% Since inception+8.74%
Data through --

Peer Comparisonvs. Target date 2046-2050

 FMJLXCategory
Performance 5-yr return--+9.81%
Expense ratio1.12%1.03%
Risk 5 year sharpe ratio--0.82
Net assets$1.2M$639.6M
Average market cap$34.8B$32.2B
Average P/E18.518.8
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--

Holdings

U.S. stock60.80%
International stock26.82%
Cash6.30%
Fixed income5.55%
Other0.54%
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 F19.73%
FHJSX Strategic Advisers┬« Core Multi-Manager Fund Class F19.50%
FGWBX Strategic Advisers┬« Value Multi-Manager Fund Class F19.41%
FFSPX Strategic Advisers┬« Growth Multi-Manager Fund Class F16.54%
FARMX Strategic Advisers┬« Small-Mid Cap Multi-Manager Fund Class F9.87%
FSWPX Strategic Advisers┬« Emerging Markets Fund of Funds Class F7.06%
FLTSX Strategic Advisers┬« Income Opportunities Fund of Funds Class F3.82%
FCSFX Fidelity┬« Series Commodity Strategy F Class0.80%
FEDFX Fidelity┬« Series Emerging Markets Debt Fund Class F0.59%
FSBFX Fidelity┬« Short-Term Bond Fund Class F0.54%

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