Fidelity VIP Asset Manager: Growth

  • Trading Symbol: FAEEC
Close
Close

Morningstar® Snapshot*

AS OF 12/31/2014; MORNINGSTAR CATEGORY: MODERATE ALLOCATION
Returns 4 out of 5, Above Average Returns
LOW AVG HIGH
Risk of this Category Category Risk Rating:5, where 1 is Lower and 10 is Higher
LOWER HIGHER

*Data provided by Morningstar. Please click on the indicator above to learn more about comparison groups and methodology.

Performance

 1, 2 More Information
AS OF 12/31/2014
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr Life
FAEEC +0.98% +5.53% +14.02% +9.95% +6.20%
*AS OF 1/27/2015; Value is cumulative
SUBACCOUNT INCEPTION 8/15/2005

Fund Manager(s)

More Information
Geoff Stein since 6/1/2009 Robert Bertelson since 1/17/2006

Fund Overview

Objective

Seeks to maximize total return by allocating its assets among stocks, bonds, short-term instruments, and other investments.

Strategy

Maintaining a neutral mix over time of 70% of assets in stocks, 25% of assets in bonds, and 5% of assets in short-term and money market instruments, though FMR may overweight or underweight each asset class. Allocating the fund's assets among stocks, bonds, and short-term and money market instruments, either through direct investment or by investing in Fidelity central funds that hold such investments.

Risk

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Fixed income investments entail interest rate risk (as interest rates rise bond prices usually fall), the risk of issuer default, issuer credit risk and inflation risk. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets. Lower-quality bonds can be more volatile and have greater risk of default than higher-quality bonds. Leverage can increase market exposure and magnify investment risk.

Details

More Information
Morningstar Category
Moderate Allocation
Subaccount Inception
8/15/2005
Unit Value
$17.75
1/27/2015
4/30/2014
Turnover Rate
32%
6/30/2014
Net Assets ($M)
$59.15
12/31/2014
12 Month Low-High
$16.33 - $18.10
12/31/2014

Fixed Income
Characteristics

More Information

Top 10 Holdings

 3 More Information
AS OF 12/31/2014
Top 10 Holdings
APPLE INC
AMERICAN AIRLINES GROUP INC
MEDIVATION INC
GILEAD SCIENCES INC
CELGENE CORP
UST NOTES 1.25% 10/31/18
SOUTHWEST AIRLINES CO
ACTAVIS PLC
BOEING CO
FACEBOOK INC A
% of Total Portfolio 12.23%
Total # of holdings: 2307 as of 12/31/2014

Quarter-End Average Annual Total Returns

 1, 2, 4 More Information
AS OF 12/31/2014; *SUBACCOUNT INCEPTION 8/15/2005 Glossary definition opens in new window.

EXPENSE RATIO (GROSS):
0.81% AS OF 4/30/2014
1 Yr 3 Yr 5 Yr 10 Yr Life*
Fidelity VIP Asset Manager: Growth 5.53% 14.02% 9.95% -- 6.20%
S&P 500 13.69% 20.41% 15.45% 7.67% --
Fid AM 70% Comp Idx 6.50% 12.95% 10.13% 5.99% --
Moderate Allocation 4.66% 10.58% 8.21% 4.95% --

© 2015 Morningstar, Inc. All rights reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Fidelity does not review the Morningstar data and, for fund performance, you should check the fund's current prospectus or other product materials for the most up-to-date information concerning applicable loads, fees and expenses.