Fidelity expands target allocation offerings
The asset manager has added four allocation mixes to its target allocation portfolios.
Fidelity Institutional has added four allocation mixes in its Target Allocation, Target Allocation Blended and Target Allocation Index-Focused model portfolios. The additions are equity and fixed-income mixes of 10/90, 30/70, 50/50 and 100/0.
Since their launch three years ago, Fidelity’s target allocation model portfolios have collectively outperformed an average of 88% of peers, the company said in a release.
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