Fidelity Advisor Asset Manager 70% I

Frequently Asked Questions About FAAIX

What does FAAIX invest in?

The investment seeks to maximize total return over the long term. The fund allocates its assets among three main asset classes: the stock class (equity securities of all types, including funds that invest in such securities), the bond class (fixed-income securities of all types maturing in more than one year, 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), and the short-term/money market class (fixed-income securities of all types maturing in one year or less, including funds that invest in such securities).

What is the expense ratio of FAAIX?

Fidelity Advisor Asset Manager 70% I (FAAIX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FAAIX?

Fidelity Advisor Asset Manager 70% I (FAAIX) manages $8.92B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FAAIX actively managed or an index fund?

FAAIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FAAIX launched?

Fidelity Advisor Asset Manager 70% I (FAAIX) launched in October 2008 and is managed by Fidelity.

How has FAAIX performed?

FAAIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.