Fidelity Asset Manager 85% Fund (FEYTX) NASDAQ

29.39

+0.05(+0.17%)

Updated at September 08 08:05AM

Currency In USD

Fidelity Asset Manager 85% Fund

Address

245 Summer Street

Boston, MA 02210

United States of America

Phone

617-563-7000

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

September 01, 2005

Key Executives

N/A

Description

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.