FCPLX

About FCPLX

Fidelity Advisor 529 College Portfolio Class P is a college savings portfolio within the advisor-sold Fidelity Advisor 529 Plan, designed to support education funding needs as beneficiaries approach enrollment. Its stated objective is capital appreciation with reasonable safety of principal, aligning the asset mix to be more conservative around the college years to help manage sequence-of-returns risk during withdrawals. The portfolio invests in underlying Fidelity funds and is structured as a municipal security within a state-sponsored 529 program, offering access to Fidelity’s research and portfolio management platform. Class P units carry no front-end sales charge and include an annual unitholder fee, available primarily through workplace savings arrangements. Within the broader plan, investors can choose among age-based and static options, with expenses varying by strategy and share class. The plan is sponsored by New Hampshire and emphasizes potential federal and state tax advantages related to qualified education expenses, alongside high contribution limits and gifting features for education planning.