Fidelity Advisor Asset Manager 50% - Class I (FFIMX)

Fidelity Advisor Asset Manager 50% Class I is a diversified mutual fund designed to offer balanced exposure across multiple asset classes. Its primary function is to provide investors with a blend of growth and income by targeting a neutral allocation of approximately 50% equities and 50% fixed income and short-term investments, creating a moderate risk profile suitable for a variety of investment objectives. The fund leverages the investment expertise of Fidelity’s asset-class specialists, utilizing a mix of domestic and international equities, bonds, commodities, and money market instruments to capture a broad opportunity set and manage risk. As of July 2025, the fund holds significant positions in both U.S. and international equities, with a notable allocation to high-quality bonds. The portfolio managers have the flexibility to make moderate tactical shifts around the strategic allocation, allowing the fund to adapt to changing market conditions while adhering to a disciplined risk management framework. This structure makes it a key option for investors seeking a single-fund solution that provides both asset diversification and the professional oversight characteristic of actively managed portfolios.