A solid cast of underlying bond funds continue to support a Morningstar Analyst Rating of Bronze for the cheapest share classes of Fidelity Asset Manager 20%, 30%, 40%, and 50% while the more expensive share classes earn Neutral ratings. The remaining three funds in the series, retain a Neutral rating across all share classes, given their higher allocations in a U.S. equity sleeve that does not stand out
Will FTAWX 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 FTAWX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FTAWX 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 FTAWX’s parent organization’s priorities and whether they’re in line with investors’ interests.