Fidelity Asset is trading at 13.43 as of the 4th of June 2024; that is 0.15 percent up since the beginning of the trading day. The fund's open price was 13.41. Fidelity Asset has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Fidelity Asset Manager are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2024 and ending today, the 4th of June 2024. Click here to learn more.
The fund allocates its assets among three main asset classes the stock class , the bond class , and the short-termmoney market class . More on Fidelity Asset Manager
Fidelity Asset Manager [FTAWX] is traded in USA and was established 4th of June 2024. Fidelity Asset is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Allocation--15% to 30% Equity category and is part of Fidelity Investments family. This fund currently has accumulated 4.95 B in assets under management (AUM) with no minimum investment requirementsFidelity Asset Manager is currently producing year-to-date (YTD) return of 1.45% with the current yeild of 0.03%, while the total return for the last 3 years was 0.01%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Asset Manager Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Asset Manager Mutual Fund Constituents
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Asset market risk premium is the additional return an investor will receive from holding Fidelity Asset long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Asset. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Asset's alpha and beta are two of the key measurements used to evaluate Fidelity Asset's performance over the market, the standard measures of volatility play an important role as well.