FPGAX

About FPGAX

Fidelity Advisor 529 Portfolio 2025 Fund Class A is an age-based investment portfolio designed for education savings within the context of 529 college savings plans. Its primary purpose is to help families prepare for anticipated higher education expenses, with the asset allocation tailored to those who expect to need funds around the year 2025. The fund combines several asset classes, focusing predominantly on bonds (over 64% of assets), supplemented by allocations to U.S. and international stocks, short-term bonds, and cash or money market instruments. This conservative asset mix reflects the portfolio’s objective to reduce volatility as the target date approaches, prioritizing the preservation of capital and stability as beneficiaries near college age. The fund is managed by Fidelity Investments for the New Hampshire 529 Plan, serving families nationwide through broker-sold channels. Due to its diversified approach, this fund plays a significant role in the 529 market, providing a professionally managed, tax-advantaged vehicle for education-focused financial planning, with regular rebalancing to match its glide path strategy as the target date nears.