Line of Credit Some domestic equity funds may invest a significant portion of their underlying assets in international securities. The allocation percentages may not add up to 100% due to rounding and/or cash balances.
The ABLE Aggressive Growth 85% Portfolio, which invests in Fidelity Asset Manager 85% mutual fund, seeks to maximize total return over the long term.
The Portfolio, by investing in Fidelity Asset Manager 85%, is designed to maintain a neutral mix over time of 85% of assets in equities and 15% of assets in bonds and short-term and money market instruments though the underlying mutual fund's investment adviser may overweight or underweight in each asset class.
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 or counterparty 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 risks.
This investment option is not a mutual fund.
Expense Ratio (Gross)
| Return Type | 1 Yr | 3 Yrs | 5 Yrs | 10 Yrs | Life |
|---|---|---|---|---|---|
FUND ABLE Aggressive Growth 85% Portfolio | 12.40% | 2.74% | 8.58% | -- | 9.24% |
PRIMARY BENCHMARK | 25.02% | 8.94% | 14.53% | 13.10% | -- |
SECONDARY BENCHMARK | 14.04% | 4.06% | 8.96% | 8.93% | -- |