The ETF aims to achieve capital growth through total returns by using a strategic asset allocation approach. It invests primarily in underlying Fidelity ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities. The ETF generally follows a neutral mix guideline of approximately 60% global equity securities and approximately 40% global fixed income securities. The portfolio will be subject to annual and periodic rebalances.
The FBAL ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.