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-1.44% 3 years--
3 months+1.60% 5 years--
1 year+7.65% Since inception+10.27%
Data through --

Peer Comparisonvs. Target date 2046-2050

Performance 5-yr return--+10.07%
Expense ratio1.12%1.03%
Risk 5 year sharpe ratio--0.90
Net assets$1.2M$637.1M
Average market cap$33.5B$31.4B
Average P/E17.618.0
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. stock60.18%
International stock26.87%
Fixed income5.90%
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 F19.78%
FHJSX Strategic Advisers® Core Multi-Manager Fund Class F19.36%
FGWBX Strategic Advisers® Value Multi-Manager Fund Class F19.26%
FFSPX Strategic Advisers® Growth Multi-Manager Fund Class F16.39%
FARMX Strategic Advisers® Small-Mid Cap Multi-Manager Fund Class F9.78%
FSWPX Strategic Advisers® Emerging Markets Fund of Funds Class F7.22%
FLTSX Strategic Advisers® Income Opportunities Fund of Funds Class F3.96%
FCSFX Fidelity® Series Commodity Strategy F Class0.82%
FEDFX Fidelity® Series Emerging Markets Debt Fund Class F0.61%
FSBFX Fidelity® Short-Term Bond Fund Class F0.57%

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