Asset Manager Funds
Fidelity Asset Manager funds are diversified single-fund strategies that can help make it easy to maintain a portfolio based on risk tolerance.
Reasons to consider target allocation funds
- A single fund provides exposure to multiple asset classes.
- Asset allocation remains aligned with your risk tolerance.
- Single-fund strategy simplifies your financial picture.
These funds combine our expertise in asset allocation and security selection. They offer diversification across multiple asset classes, including domestic and international stocks across varying styles and market capitalization ranges, investment grade and high yield fixed income, and short-term investments. Fidelity also offers seven Asset Manager® funds, with equity exposure ranging from conservative (20%) to aggressive growth (85%).
How to choose a Fidelity Asset Manager fund
Each of our seven Fidelity Asset Manager funds is named for its exposure to stocks. For instance, the Fidelity Asset Manager 20% maintains an equity allocation of around 20%, while the Fidelity Asset Manager 85% maintains an equity allocation of around 85%. Choosing a fund starts with understanding your risk tolerance, time horizon, and investment goals. Because stocks are considered to be more volatile than bonds or short-term investments, the Fidelity Asset Manager 20% may be more appropriate for investors who are less comfortable with risk or have a shorter time horizon, while the Fidelity Asset Manager 85% may be better for those who are more comfortable with risk or have a longer time horizon. You simply select the Asset Manager fund that you believe best meets your needs and Fidelity will do the rest.
Asset Manager Video with Geoff Stein (5:16)
Fidelity fund manager Geoff Stein discusses Fidelity Asset Manager® funds and share investing insights.