Fidelity Sustainable Multi-Asset Fund (FYMRX)
Fidelity Sustainable Multi-Asset Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $13.19, up 0.38% on the session, giving a market capitalisation of $49.0M. Its beta of 1.10 implies it has historically moved more than the broad market.
This fund primarily allocates at least 80% of its capital to other Fidelity investment vehicles, including mutual funds and exchange-traded funds (ETFs). These underlying investments target companies identified by the Adviser as demonstrating strong or improving environmental, social, and governance (ESG) practices, or they track ESG-focused indices. The fund employs a balanced asset allocation model, directing 70% of its total assets into Fidelity-branded U.S. and international equity mutual funds and ETFs, with the remaining 30% invested in Fidelity bond mutual funds and ETFs.
Fidelity Sustainable Multi-Asset Fund is most often compared with the following Financial Services names: