About FAASX
Fidelity Advisor Asset Manager 70% Class A is a diversified mutual fund designed with an asset allocation strategy that aims to maximize total return over the long term. Classified within the moderately aggressive allocation category, the fund maintains a target mix of approximately 70% in equities, 25% in fixed-income securities, and 5% in short-term or money market instruments. This structure allows it to balance growth potential while managing risk across various market cycles. The equity portion features investments in major technology, consumer cyclical, and communication services companies, including notable holdings such as Microsoft, Apple, and NVIDIA. The fixed-income segment covers a broad spectrum, including both investment-grade and high-yield debt. Managed by Fidelity, the fund leverages global diversification by investing in both domestic and international markets, encompassing securities across all capitalizations, credit qualities, and maturities. With total assets around $7 billion, the fund plays a significant role as a core holding for investors seeking an all-in-one solution that provides broad market exposure while aligning with a moderate to aggressive risk profile.
Fund Family Fidelity
Category Mix Tgt All Gro
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAASX
Share Class Class A
Index S&P 500 TR
FAASX had a total return of 19.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.84%.
