Industry description
The investment seeks high current income and, as a secondary objective, capital appreciation.
The fund invests in a combination of two Fidelity® equity index funds (U.S. and international) and two Fidelity® investment-grade bond index funds. Allocating assets among underlying Fidelity® index funds according to an asset allocation of approximately: Fidelity® Total Market Index Fund: 21%; Fidelity® Total International Index Fund: 9%; Fidelity® U.S. Bond Index Fund: 50%; Fidelity® Short-Term Bond Index Fund: 20%.