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Asset Allocation Funds: World Allocation

World allocation funds invest in a wide range of asset classes, giving the manager the flexibility to pursue investment opportunities anywhere around the globe.

Reasons to consider world allocation funds

  • Funds are professionally managed, with highly diversified asset allocation.
  • Choose from either a defined or flexible approach to global asset allocation.
  • Managers use economic and fundamental research and quantitative analysis.

Funds combine our expertise in bottom-up fundamental research with careful analysis of the potential impact on portfolios of global economic and political events. Managers invest in a variety of asset classes and investment vehicles to take advantage of both short-term market opportunities and strategic, longer-term opportunities.

How Fidelity manages world allocation funds

Fidelity world allocation funds

Fidelity Global Balanced Fund

This fund takes a more defined allocation approach in its search for income and capital growth, investing in a combination of equity and debt securities issued anywhere in the world, including lower-quality debt securities. At least 25% of total assets are invested in fixed income senior securities, bonds, and preferred stocks.

Learn more about the fund.

Fidelity Global Strategies Fund

This fund takes a highly flexible investment approach in search of strong, risk-adjusted returns. This investing-without-borders approach may include U.S. and non-U.S. equities, emerging market equities, U.S. and non-U.S. investment grade debt, as well as commodities, precious metals, inflation-protected debt, high yield debt, real estate, and emerging market debt.

Learn more about the fund.

Questions?

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information.  Read it carefully.

Fidelity Global Balanced Fund:

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments.
Fixed income investments entail interest rate risk (as interest rates rise bond prices usually fall), the risk of issuer default, issuer credit risk and inflation risk.
Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets.

High yield/non-investment grade bonds involve greater price volatility and risk of default than investment grade bonds.

Fidelity Global Strategies Fund:

The fund is subject to asset allocation risk and the risks of the underlying funds in which it invests. Those risks include the volatility of the financial markets in the U.S. and abroad as well as those risks associated with debt securities or bonds.
Foreign markets may be more volatile than U.S. markets due to interest-rate, currency-exchange-rate, economic, and political risks. In general, the bond market is volatile and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.)

The commodities industry can be significantly affected by commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions.

Foreign markets may be more volatile than U.S. markets due to interest-rate, currency, exchange rate, economic, and political risks.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.)  Fixed income securities also carry inflation risk, liquidity risk, call risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

If the funds’ asset allocation strategy does not work as intended, the fund may not achieve its objective.
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