Fidelity Asset Manager 70%
Fidelity Charles Street Trust · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Asset Manager 70% is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2025 Q4
Fidelity Asset Manager 70% seeks to maximize total return over the long term by allocating its assets among stocks, bonds, short-term instruments, and other investments.
The fund maintains a target allocation of 70% stocks, 25% bonds, and 5% short-term instruments, adjusting gradually within ranges of 50%–100% for stocks, 0%–50% for bonds, and 0%–50% for cash equivalents. It invests across domestic and foreign issuers through Fidelity's Central funds and exchange-traded funds. The fund may hold lower-quality debt securities and will shift its mix based on market conditions.
| Share class | Gross | Net |
|---|---|---|
| FASGX | 0.66% | 0.63% |
| FAASX | 0.95% | 0.92% |
| FCASX | 1.70% | 1.67% |
| FTASX | 1.20% | 1.17% |
| FAAIX | 0.70% | 0.67% |
| FIQBX | 0.59% | 0.55% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 29.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.33% |
| Cash & short-term | 1.56% |
| Bonds | 0.10% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: ISHARES INC, UST BILLS ×5, CHICAGO BOARD OF TRADE ×2
Largest exited: UST BILLS ×4, CHICAGO BOARD OF TRADE ×2, ICE FUTURES US ×2
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +27.41% | +52.63% | +45.04% | 10.92% | -8.39% | |
| +26.99% | -58.89% | -90.62% | 10.90% | -67.77% | |
| +26.09% | +19.02% | -12.61% | 10.92% | -11.34% | |
| +26.73% | -31.39% | -72.57% | 10.88% | -46.10% | |
| +27.32% | +52.44% | +44.81% | 10.91% | -8.38% | |
| +27.46% | +52.91% | +45.50% | 10.92% | -8.37% |
These classes hold the same portfolio, so the 136.11pp spread over 5 years is the cost difference between them — roughly 27.22pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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 2026-06-30
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 | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Fidelity Central Investment Portfolios LLC | 34.48% | $169.17 | $3.05B | 18.0M |
| — | Fidelity Central Investment Portfolios LLC | 19.75% | $130.64 | $1.74B | 13.4M |
| — | Fidelity Central Investment Portfolios II LLC | 17.40% | $98.30 | $1.54B | 15.6M |
| — | Fidelity Central Investment Portfolios LLC | 10.05% | $367.53 | $887.61M | 2.4M |
| — | Fidelity Covington Trust | 3.20% | $48.29 | $283.01M | 5.9M |
| — | Fidelity Covington Trust | 2.59% | $62.11 | $228.64M | 3.7M |
| — | Fidelity Central Investment Portfolios II LLC | 1.94% | $90.54 | $171.46M | 1.9M |
| — | Fidelity Revere Street Trust | 1.56% | — | $138.16M | — |
| — | Fidelity Hanover Street Trust | 1.45% | $94.24 | $128.22M | 1.4M |
| — | Fidelity Covington Trust | 1.33% | $38.21 | $117.18M | 3.1M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 93.75% of net assets, top 25 99.99%, across 11 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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