Fidelity Asset Manager 50%
Fidelity Charles Street Trust · Series S000005456 · 6 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2025 Q4
Fidelity Asset Manager 50% seeks high total return with reduced risk over the long term by allocating its assets among stocks, bonds, and short-term instruments.
The fund allocates assets among stocks, bonds, and short-term instruments, maintaining a neutral target of 50% stocks, 40% bonds, and 10% cash equivalents while adjusting allocations within stated ranges to pursue high total return with reduced risk. The fund may hold lower-quality debt securities and invests through Fidelity's Central funds and exchange-traded funds across domestic and foreign issuers. Because allocations shift within broad ranges rather than remaining fixed, actual returns will diverge from those of a static 50/40/10 portfolio.
| Share class | Gross | Net |
|---|---|---|
| FASMX | 0.56% | 0.53% |
| FFAMX | 0.85% | 0.82% |
| FFCMX | 1.60% | 1.57% |
| FFTMX | 1.10% | 1.07% |
| FFIMX | 0.60% | 0.57% |
| FIKZX | 0.48% | 0.45% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 25.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Stocks | 95.86% |
| Cash & short-term | 3.87% |
| Bonds | 0.30% |
| Derivatives | 0.06% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: UST BILLS ×6, CHICAGO MERCANTILE EXCH INC, CHICAGO BOARD OF TRADE
Largest exited: UST BILLS ×5, CHICAGO MERCANTILE EXCH INC, ICE FUTURES US, CHICAGO BOARD OF TRADE
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — |
Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Fidelity Central Investment Portfolios II LLC | 32.98% | $3.35B | 34.0M |
| — | Fidelity Central Investment Portfolios LLC | 26.23% | $2.67B | 18.8M |
| — | Fidelity Central Investment Portfolios LLC | 15.18% | $1.54B | 13.0M |
| — | Fidelity Central Investment Portfolios LLC | 7.04% | $715.28M | 2.4M |
| — | Fidelity Revere Street Trust | 3.87% | $392.61M | — |
| — | Fidelity Covington Trust | 2.41% | $244.80M | 6.4M |
| — | Fidelity Central Investment Portfolios II LLC | 1.90% | $193.00M | 2.1M |
| — | Fidelity Covington Trust | 1.90% | $192.75M | 3.8M |
| — | Fidelity Hanover Street Trust | 1.50% | $152.31M | 1.7M |
| — | Fidelity Greenwood Street Trust | 1.21% | $123.30M | 4.2M |
Top 10 positions are 94.21% of net assets, top 25 100.07%, across 11 issuers.
See more of this fund's book
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