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FWATX Fidelity Advisor® Multi-Asset Income A

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Fund FWATX Fidelity Advisor® Multi-Asset Income A AMJVX American Century Multi-Asset Inc Inv  
Similarity
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100% 85%
Annual Fees
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$114.08
(1.10% Exp. Ratio)
$97.49
(0.94% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 3.71% annual return
$21,394.11 $22,457.18
Est. savings over 30 yrs +$1,063.07
Return
As of 11/30/16
1 YR RETURN 7.45%
3 YR --
5 YR --
10 YR --
1 YR RETURN 7.92%
3 YR --
5 YR --
10 YR --
Description
The investment seeks to provide a combination of income and capital appreciation. The fund normally invests primarily in income producing securities of all types. It allocates the fund's assets among equity and debt securities, including common and preferred stock, investment-grade debt securities, lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), floating rate securities, and convertible securities.
The investment seeks income; long-term capital appreciation is a secondary objective. While the fund is not required to allocate its assets in any fixed proportion, over the long term, the fund's equity allocations are expected to range from approximately 20% to 80% of the fund's assets, and the fund's fixed-income allocations are expected to range from approximately 20% to 80% of the fund's assets. It may invest in affiliated and unaffiliated funds (acquired funds) to an unlimited extent.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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