Fidelity Asset Manager 20%

Frequently Asked Questions About FASIX

What does FASIX invest in?

The investment seeks a high level of current income; capital appreciation is a secondary consideration. 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 FASIX?

Fidelity Asset Manager 20% (FASIX) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FASIX?

Fidelity Asset Manager 20% (FASIX) manages $6.32B 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 FASIX actively managed or an index fund?

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

When was FASIX launched?

Fidelity Asset Manager 20% (FASIX) launched in December 1995 and is managed by Fidelity.

How has FASIX performed?

FASIX'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.