Fidelity announced that Katherine (Katie) Shaw joined the management roster, replacing Geoff Stein on Fidelity Advisor Asset Manager series effective Nov. 1, 2023. Stein departed the series to focus on his role as CIO of Global Asset Allocation, which he started at the beginning of 2023. Shaw will be working closely with Avishek Hazrachoudhury, a manager on this strategy since 2018. Shaw joined Fidelity in 2007 and has held various roles in the consumer discretionary sector including a portfolio manager and a sector leader. This is a notable change, but the team continues to be well-staffed and appropriately supported by the firm’s resources. The changes to the management roster do not affect the fund’s Average People Pillar rating.
Fidelity Advisor Asset Manager 85% M FEYTX
- NAV / 1-Day Return 24.58 / −0.53 %
- Total Assets 4.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.200%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Aggressive Allocation
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Status Open
- TTM Yield 0.80%
- Turnover 24%
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis FEYTX
Will FEYTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 3.95 | 155.7 Mil | Cash and Equivalents |
Microsoft Corp | 3.75 | 147.9 Mil | Technology |
Apple Inc | 2.54 | 100.3 Mil | Technology |
E-mini S&P 500 Future Mar 24 | 2.39 | 94.4 Mil | — |
Amazon.com Inc | 1.81 | 71.3 Mil | Consumer Cyclical |
MSCI EAFE Index Future Mar 24 | 1.77 | 69.8 Mil | — |
Alphabet Inc Class A | 1.69 | 66.8 Mil | Communication Services |
NVIDIA Corp | 1.20 | 47.3 Mil | Technology |
Meta Platforms Inc Class A | 1.12 | 44.0 Mil | Communication Services |
JPMorgan Chase & Co | 0.88 | 34.8 Mil | Financial Services |