4 / 5 Stars
5 5 5 5 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 183 Conservative 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 8.14 percent over the past year, 6.54 percent over the past three years, and 11.95 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.7%|
|3 Years (Annualized)||6.5%|
|5 Years (Annualized)||11.9%|
|10 Years (Annualized)||N/A|
The investment seeks current income as well as total return and also considers the potential for capital appreciation. The fund allocates assets among three main asset classes: the stock class, the bond class, and the short-term/money market class. It maintains a neutral mix over time of 40% of assets in stocks, 45% of assets in bonds, and 15% of assets in short-term and money market instruments. The fund adjusts allocation among asset classes gradually within the following ranges: stock class (20%-60%), bond class (30%-60%), and short-term/money market class (0%-50%). It invests in domestic and foreign issuers.
Fees are Average compared to funds in the same category.
Fidelity Asset Manager 40% Fund has an expense ratio of 0.62 percent.
Risk is Average compared to funds in the same category according to Morningstar.