2024-08-07 08:50:00 ET
Summary
- Fidelity Asset Manager Funds are all-in-one investment strategies delivering broad, diversified asset-class exposure aligned with client risk objectives.
- Continued global economic expansion and a slowing in the pace of inflation contributed to a largely favorable backdrop for risk assets in the second quarter of 2024.
- The Fund's core equity allocation strategy – comprised of an overweight stake in the U.S., along with equal-weighted exposure to developed international and emerging markets – aided performance in the second quarter versus the Composite index, primarily due to favorable positioning in the U.S.
Investment Approach
- Fidelity Asset Manager® Funds are all-in-one investment strategies delivering broad, diversified asset-class exposure aligned with client risk objectives.
- Each of the seven Asset Manager Funds is named for its neutral strategic allocation to stocks, ranging from conservative (20%) to aggressive growth (85%).
- The Funds leverage asset-class investment specialists to incorporate investment and research expertise from across the Fidelity organization.
- Assets are divided among several specialized Fidelity central funds, and the managers of these underlying funds seek to add value chiefly through security selection.
- In making asset allocation decisions for the Funds, the lead portfolio managers have the flexibility to make moderate tactical shifts around target mixes – including investing in "extended" asset classes – to capitalize on changing market conditions.
- Our disciplined approach to risk management affects all aspects of the investment process.
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For further details see:
Fidelity Asset Manager 20% Q2 2024 Review
