Fidelity Advisor Asset Manager 70% Fund Class M (FTASX)
Fidelity Advisor Asset Manager 70% Fund Class M operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $33.95, up 0.44% on the session, giving a market capitalisation of $9.05B. Its beta of 1.08 implies it has historically moved more than the broad market.
This fund's primary objective is to optimize the total returns for its investors over an extended timeframe. It achieves this by strategically distributing its investments across three core asset categories: 1. The equity class: This segment encompasses a broad spectrum of stock holdings, including investments in other funds that specialize in such equities. 2. The bond class: This category consists of diverse fixed-income instruments with maturities exceeding one year. It notably incorporates lower-rated, higher-yielding bonds (commonly known as "junk bonds"), alongside funds that invest in these specific debt products. 3. The short-term/money market class: This component holds fixed-income securities designed to mature within a year or less, including investment vehicles that focus on these brief-duration assets.
Fidelity Advisor Asset Manager 70% Fund Class M is most often compared with the following Financial Services names: