Fidelity Global Strategies Portfolio (FGSPX)
| Fund Assets | n/a |
| Expense Ratio | 0.04% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 23.00 |
| YTD Return | 3.18% |
| 1-Year Return | 15.05% |
| 5-Year Return | 29.85% |
| 52-Week Low | 17.82 |
| 52-Week High | 23.15 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FGSPX
Fidelity Advisor 529 Asset Manager 60% Portfolio Class P is an asset allocation portfolio designed specifically for the education savings market, structured within a 529 college savings plan. Its primary purpose is to provide investors with a balanced approach to capital appreciation and income by maintaining a target allocation of approximately 60% to equities and 40% to fixed income and short-term securities. This moderate blend seeks to balance growth potential with risk management, making it suitable for investors with a medium investment horizon, such as those saving for a child's future education expenses. The portfolio invests in a diversified mix of underlying mutual funds, offering exposure across domestic and international stocks, bonds, and short-term instruments. Class P units are tailored for workplace savings plans, featuring no sales charges and a straightforward annual unitholder fee structure, supporting efficient long-term investing within tax-advantaged college savings accounts. The portfolio plays a significant role in helping families systematically prepare for higher education costs, leveraging Fidelity’s professional management and asset allocation expertise.
Performance
FGSPX had a total return of 15.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.77%.