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* The All-Weather strategy is an asset allocation methodology that diversifies across geographic regions, asset classes, and investment styles. The fund can invest in securities that may have a leveraging effect (such as derivatives and forward-settling securities) that may increase market exposure, magnify investment risks, and cause losses to be realized more quickly
ANYONE KNOW WHY THEY HOLD 3 S&P 500 ETFS? WHY NOT JUST HOLD ONE?
It may be due to potential liquidity issues. The manager has said that it was designed to not need any changes even if/when the fund reached multiple billions in assets under management.
Comments
Fidelity shows Top 10 Holdings AS OF 07/31/2024 at (https://fundresearch.fidelity.com/mutual-funds/composition/90470L576)
* The All-Weather strategy is an asset allocation methodology that diversifies across geographic regions, asset classes, and investment styles. The fund can invest in securities that may have a leveraging effect (such as derivatives and forward-settling securities) that may increase market exposure, magnify investment risks, and cause losses to be realized more quickly
We also discussed this fund on MFO, see https://www.mutualfundobserver.com/discuss/discussion/comment/178746/#Comment_178746