Fidelity Asset Manager 85% Fund (FAMRX)
Fidelity Asset Manager 85% Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $34.93, up 0.60% on the session, giving a market capitalisation of $6.97B. Its beta of 1.23 implies it has historically moved more than the broad market.
The fund allocates its assets between two main asset classes: the stock class (equity securities of all types, including funds that invest in such securities) and the bond and short-term/money market class (fixed-income securities of all types and maturities, including lower-quality debt securities which are sometimes referred to as high yield debt securities or junk bonds, and funds that invest in such securities). 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.
Fidelity Asset Manager 85% Fund is most often compared with the following Financial Services names: