About FMGDX
Fidelity Advisor 529 Moderate Growth Portfolio Class D is a diversified balanced fund designed as part of a 529 college savings plan. Its primary purpose is to provide a moderate growth profile by allocating assets across both equity and fixed income investments, offering a blend of capital appreciation potential and risk mitigation. The portfolio invests predominantly in other Fidelity mutual funds that hold publicly traded stocks and bonds, with a notable focus on U.S. markets but also some global exposure. Major sectors represented in the portfolio include financials, technology, industrials, consumer cyclical, health care, and communications, reflecting a wide-ranging approach to growth and diversification. As a static allocation portfolio, its mix of equities, bonds, and cash remains consistent over time, suiting investors seeking steady, long-term asset growth with a moderate risk profile. This portfolio is commonly used within 529 savings plans to help families accumulate assets for future educational expenses, balancing the need for growth with the importance of preserving capital. Introduced in 2001 and managed by FMR Co., Inc., the fund is now closed to new investors but continues to serve existing participants in pursuit of their education funding goals.
Fund Family Fidelity
Stock Exchange Nasdaq
Ticker Symbol FMGDX
FMGDX had a total return of 10.11% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.67%.
