Ruthann Pritchard, institutional portfolio manager, and Bruno Crocco, portfolio co-manager, discuss the investment thesis and mechanics of the rolldown strategy and current asset allocation themes in the Fidelity ClearPath® Portfolios. In choosing a single fund, you get a diversified portfolio, and the fund automatically adjusts the investment mix for your time horizon. The farther away from your goal the more stocks your Portfolio will hold for growth, and the closer you get to your target date, the more bonds and cash your Portfolio will hold to preserve gains and generate income. These automatic adjustments can make you less vulnerable to market swings as you approach your goal. Ruthann and Bruno explain the ClearPath® strategy, the various research and resources that go into the decisions, and how they use active management and Fidelity’s top managers as building blocks for these ClearPath® portfolios.

Recorded on April 13, 2021.