Fidelity Asset Manager 85% Fund (FEYTX)

This fund strategically diversifies its holdings primarily into two core asset classes: equities and fixed income. The equity component encompasses a wide array of stock securities and investment vehicles focused on them. Conversely, the fixed-income allocation covers various types and maturities of debt instruments, ranging from traditional bonds and short-term securities to money market instruments, and even includes lower-rated debt, often known as high-yield or "junk" bonds, alongside funds investing in these categories. The fund consistently aims for a target allocation of 85% in stocks and 15% in bonds and money market instruments.