The Fidelity Asset Manager 20%, 30%, 40%, and 50% funds, which have heavier fixed-income exposure, benefit from proven underlying managers and garner Morningstar Analyst Ratings of Bronze for the cheapest share classes, while pricier shares stay at Neutral. The remaining 60%, 70%, and 85% funds count higher allocations to the series' prosaic U.S. equity sleeve, leading to Neutral ratings across all share classes.
Will FSCNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSCNX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FSCNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FSCNX’s parent organization’s priorities and whether they’re in line with investors’ interests.