FARVX

About FARVX

Fidelity Advisor Managed Retirement 2020 Fund Class A is a target-date mutual fund designed to provide a diversified investment solution for individuals approaching or in retirement around the year 2020. Its primary function is to offer gradual asset allocation adjustments over time, shifting from higher equity exposure toward more conservative holdings, such as bonds and cash equivalents, as the designated target date passes. The fund invests in a mix of Fidelity funds, allowing for broad exposure across both domestic and international equities, various bond segments, and inflation-protected securities. Notable portfolio components include investment grade corporate bonds, government bond indexes, and large-cap U.S. stock funds, reflecting its focus on capital preservation and income generation at this life stage. This fund plays a key role in retirement planning by simplifying portfolio management through automatic rebalancing along a predefined glide path, aiming to balance risk and return according to investors’ evolving needs as they transition into retirement.