What Is FBAL?
The ETF invests primarily in underlying Fidelity ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities and may provide a small amount of exposure to cryptocurrencies. The ETF generally follows a neutral mix guideline of approximately 59% global equity securities, approximately 39% global fixed income securities and approximately 2% cryptocurrencies. The portfolio will be subject to annual and periodic rebalances.
Set it, forget it, let compounding do the heavy lifting. 💪