3 / 5 Stars
3 3 1 2 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 123 Aggressive Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 13.25 percent over the past year, 8.78 percent over the past three years, 3.88 percent over the past five years, and 8.11 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||8.8%|
|3 Years (Annualized)||8.8%|
|5 Years (Annualized)||3.9%|
|10 Years (Annualized)||8.1%|
The investment seeks to maximize total return over the long term. The fund allocates the assets between two main asset classes: the stock class and the bond and short-term/money market class. It maintains a neutral mix over time of 85% of assets in stocks and 15% of assets in bonds and short-term and money market instruments. The fund adjusts allocation between asset classes gradually within the following ranges: stock class (60%-100%) and bond and short-term/money market class (0%-40%). It invests in domestic and foreign issuers. The fund invests in Fidelity's central funds.
Fees are Low compared to funds in the same category.
Fidelity Asset Manager 85% Fund has an expense ratio of 1.35 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.