Fund Name |
Fund Inception |
1 yr | 5 yr |
10 yr/ Life* |
Short- Term Trading Fee |
Expense Ratio (Gross/ Net)† |
Searchable Categories |
|||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Moderate Allocation |
+11.57%
as of 09/06/2024
|
04/16/1947 | +21.09% | +5.95% | +11.76% | +9.42% | na |
0.47% 0.47% |
316345107 FPURX 00004 4 | |||
Moderate Allocation |
+10.70%
as of 09/06/2024
|
11/06/1986 | +19.85% | +5.26% | +12.07% | +9.56% | na |
0.47% 0.47% |
316345206 FBALX 00304 304 | |||
Moderate Allocation |
+6.89%
as of 09/06/2024
|
12/28/1988 | +14.40% | +1.78% | +6.89% | +5.91% | na |
0.57% 0.57% |
316069103 FASMX 00314 314 | |||
Moderately Aggressive Allocation |
+7.72%
as of 09/06/2024
|
12/30/1991 | +17.14% | +2.76% | +9.17% | +7.38% | na |
0.65% 0.65% |
316069301 FASGX 00321 321 | |||
Conservative Allocation |
+5.36%
as of 09/06/2024
|
10/01/1992 | +9.88% | +0.88% | +3.47% | +3.48% | na |
0.49% 0.49% |
316069400 FASIX 00328 328 | |||
Aggressive Allocation |
+8.49%
as of 09/06/2024
|
09/24/1999 | +19.40% | +3.42% | +10.85% | +8.48% | na |
0.67% 0.67% |
316069707 FAMRX 00347 347 | |||
Target-Date Retirement |
+5.16%
as of 09/06/2024
|
10/17/1996 | +9.80% | +0.28% | +3.07% | +3.41% | na |
0.47% 0.47% |
31617R308 FFFAX 00369 369 | |||
Target-Date 2000-2010 |
+5.74%
as of 09/06/2024
|
10/17/1996 | +11.13% | +0.48% | +4.42% | +4.56% | na |
0.48% 0.48% |
31617R506 FFFCX 00371 371 | |||
Target-Date 2020 |
+7.04%
as of 09/06/2024
|
10/17/1996 | +14.34% | +1.11% | +6.30% | +5.82% | na |
0.56% 0.56% |
31617R605 FFFDX 00372 372 | |||
Target-Date 2030 |
+8.04%
as of 09/06/2024
|
10/17/1996 | +16.82% | +2.12% | +8.17% | +7.11% | na |
0.65% 0.65% |
31617R704 FFFEX 00373 373 | |||
Target-Date 2040 |
+9.69%
as of 09/06/2024
|
09/06/2000 | +21.15% | +4.11% | +11.32% | +8.73% | na |
0.73% 0.73% |
315792101 FFFFX 00718 718 | |||
Target-Date 2000-2010 |
na
|
11/06/2003 | na | na | na | na | na |
0.47% 0.47% |
315792689 FFFVX 01312 1312 | |||
Target-Date 2015 |
+6.36%
as of 09/06/2024
|
11/06/2003 | +12.78% | +0.82% | +5.40% | +5.24% | na |
0.52% 0.52% |
315792671 FFVFX 01313 1313 | |||
Target-Date 2025 |
+7.57%
as of 09/06/2024
|
11/06/2003 | +15.65% | +1.55% | +7.12% | +6.33% | na |
0.61% 0.61% |
315792663 FFTWX 01314 1314 | |||
Target-Date 2035 |
+8.87%
as of 09/06/2024
|
11/06/2003 | +18.86% | +3.06% | +9.93% | +8.09% | na |
0.69% 0.69% |
315792655 FFTHX 01315 1315 | |||
Moderately Aggressive Allocation |
+10.15%
as of 09/06/2024
|
12/23/2003 | +17.24% | +4.64% | +9.29% | +8.13% | na |
0.66% 0.66% |
316145887 FSDIX 01329 1329 | |||
Moderately Conservative Allocation |
+4.46%
as of 09/06/2024
|
09/07/2005 | +7.49% | +3.32% | +5.54% | +3.17% | na |
0.77% 0.70% |
315912881 FSRRX 01505 1505 | |||
Target-Date 2045 |
+10.00%
as of 09/06/2024
|
06/01/2006 | +22.13% | +4.48% | +11.59% | +8.85% | na |
0.75% 0.75% |
315792424 FFFGX 01617 1617 | |||
Target-Date 2050 |
+10.07%
as of 09/06/2024
|
06/01/2006 | +22.17% | +4.50% | +11.59% | +8.85% | na |
0.75% 0.75% |
315792416 FFFHX 01618 1618 | |||
Target-Date Retirement |
+5.04%
as of 09/06/2024
|
08/30/2007 | +9.63% | +0.06% | +2.76% | +3.19% | na |
0.45% 0.45% |
31617K568 FIRMX 01887 1887 | |||
Symbol
FIRNX
CUSIP
31617K519
Fund #
1888
|
Target-Date Retirement |
+5.22%
as of 09/06/2024
|
08/30/2007 | +9.85% | +0.35% | +3.12% | +3.51% | na |
0.46% 0.46% |
31617K519 FIRNX 01888 1888 | ||
Target-Date 2000-2010 |
+5.17%
as of 09/06/2024
|
08/30/2007 | +9.89% | +0.02% | +3.32% | +3.96% | na |
0.45% 0.45% |
31617K345 FIRQX 01891 1891 | |||
Symbol
FIRRX
CUSIP
31617K287
Fund #
1892
|
Target-Date 2000-2010 |
+5.92%
as of 09/06/2024
|
08/30/2007 | +11.42% | +0.65% | +3.91% | +4.30% | na |
0.48% 0.48% |
31617K287 FIRRX 01892 1892 | ||
Target-Date 2015 |
+5.61%
as of 09/06/2024
|
08/30/2007 | +10.96% | +0.23% | +4.16% | +4.51% | na |
0.46% 0.46% |
31617K238 FIRSX 01893 1893 | |||
Symbol
FIRUX
CUSIP
31617K170
Fund #
1894
|
Target-Date 2015 |
+6.56%
as of 09/06/2024
|
08/30/2007 | +13.02% | +0.97% | +4.88% | +4.90% | na |
0.52% 0.52% |
31617K170 FIRUX 01894 1894 | ||
Moderately Conservative Allocation |
+5.94%
as of 09/06/2024
|
10/09/2007 | +11.43% | +1.05% | +4.63% | +4.38% | na |
0.51% 0.51% |
316069723 FTANX 01957 1957 | |||
Moderately Conservative Allocation |
+6.40%
as of 09/06/2024
|
10/09/2007 | +12.98% | +1.48% | +5.84% | +5.21% | na |
0.52% 0.52% |
316069657 FFANX 01958 1958 | |||
Moderate Allocation |
+7.32%
as of 09/06/2024
|
10/09/2007 | +15.79% | +2.15% | +7.97% | +6.64% | na |
0.66% 0.66% |
316069582 FSANX 01959 1959 | |||
Target-Date 2020 |
+6.01%
as of 09/06/2024
|
12/31/2007 | +12.01% | +0.42% | +4.95% | +5.00% | na |
0.47% 0.47% |
31617L103 FIRVX 01995 1995 | |||
Target-Date 2025 |
+6.46%
as of 09/06/2024
|
12/31/2007 | +13.10% | +0.63% | +5.63% | +5.42% | na |
0.47% 0.47% |
31617L863 FIXRX 01996 1996 | |||
Symbol
FIRWX
CUSIP
31617L608
Fund #
2009
|
Target-Date 2020 |
+7.13%
as of 09/06/2024
|
12/31/2007 | +14.51% | +1.25% | +5.83% | +5.47% | na |
0.56% 0.56% |
31617L608 FIRWX 02009 2009 | ||
Target-Date 2055 |
+10.00%
as of 09/06/2024
|
06/01/2011 | +22.14% | +4.49% | +11.58% | +8.85% | na |
0.75% 0.75% |
315793851 FDEEX 02331 2331 | |||
Target-Date 2060 |
+10.00%
as of 09/06/2024
|
08/05/2014 | +22.16% | +4.49% | +11.57% | +8.83% | na |
0.75% 0.75% |
315793729 FDKVX 02708 2708 | |||
Moderately Conservative Allocation |
+6.82%
as of 09/06/2024
|
09/09/2015 | +12.68% | +2.71% | +9.13% | +8.28% | na |
0.80% 0.80% |
31638R717 FMSDX 02792 3083 | |||
Target-Date 2060 |
+9.53%
as of 09/06/2024
|
08/31/2018 | +21.47% | +4.01% | +11.02% | +9.20% | na |
0.50% 0.50% |
315794552 FHANX 03095 3095 | |||
Target-Date 2055 |
+9.52%
as of 09/06/2024
|
08/31/2018 | +21.48% | +4.03% | +11.04% | +9.21% | na |
0.50% 0.50% |
315794560 FHAOX 03108 3108 | |||
Target-Date 2050 |
+9.50%
as of 09/06/2024
|
08/31/2018 | +21.47% | +4.04% | +11.04% | +9.20% | na |
0.50% 0.50% |
315794578 FHAPX 03119 3119 | |||
Target-Date 2045 |
+9.58%
as of 09/06/2024
|
08/31/2018 | +21.46% | +4.04% | +11.02% | +9.20% | na |
0.50% 0.50% |
315794586 FHAQX 03128 3128 | |||
Target-Date 2040 |
+9.28%
as of 09/06/2024
|
08/31/2018 | +20.61% | +3.66% | +10.78% | +9.02% | na |
0.49% 0.49% |
315794594 FHARX 03138 3138 | |||
Target-Date 2035 |
+8.55%
as of 09/06/2024
|
08/31/2018 | +18.28% | +2.64% | +9.40% | +8.03% | na |
0.48% 0.48% |
315794610 FHASX 03147 3147 | |||
Target-Date 2030 |
+7.76%
as of 09/06/2024
|
08/31/2018 | +16.41% | +1.75% | +7.68% | +6.84% | na |
0.46% 0.46% |
315794628 FHATX 03156 3156 | |||
Target-Date 2025 |
+7.32%
as of 09/06/2024
|
08/31/2018 | +15.24% | +1.18% | +6.65% | +6.13% | na |
0.45% 0.45% |
315794636 FHAUX 03165 3165 | |||
Target-Date 2020 |
+6.74%
as of 09/06/2024
|
08/31/2018 | +13.89% | +0.75% | +5.83% | +5.52% | na |
0.43% 0.43% |
315794644 FHAVX 03174 3174 | |||
Target-Date 2015 |
+6.17%
as of 09/06/2024
|
08/31/2018 | +12.46% | +0.50% | +4.96% | +4.87% | na |
0.42% 0.42% |
315794651 FHAWX 03184 3184 | |||
Target-Date 2000-2010 |
+5.55%
as of 09/06/2024
|
08/31/2018 | +10.86% | +0.18% | +4.00% | +4.16% | na |
0.41% 0.41% |
315794669 FHAYX 03193 3193 | |||
Target-Date 2000-2010 |
na
|
08/31/2018 | na | na | na | na | na |
0.41% 0.41% |
315794677 FHAZX 03202 3202 | |||
Target-Date Retirement |
+5.07%
as of 09/06/2024
|
08/31/2018 | +9.51% | +0.02% | +2.74% | +3.25% | na |
0.41% 0.41% |
315794685 FHBZX 03211 3211 | |||
Target-Date 2065+ |
+9.95%
as of 09/06/2024
|
06/28/2019 | +22.18% | +4.50% | +11.55% | +10.72% | na |
0.76% 0.75% |
315796797 FFSFX 03415 3415 | |||
Target-Date 2065+ |
+9.62%
as of 09/06/2024
|
06/28/2019 | +21.42% | +4.02% | +11.05% | +10.31% | na |
0.50% 0.50% |
315796789 FFBSX 03418 3418 | |||
Symbol
FMRHX
CUSIP
31617L475
Fund #
3497
|
Target-Date 2025 |
+7.66%
as of 09/06/2024
|
08/16/2019 | +15.77% | +1.71% | +6.79% | +6.89% | na |
0.61% 0.61% |
31617L475 FMRHX 03497 3497 | ||
Target-Date 2030 |
+6.77%
as of 09/06/2024
|
08/16/2019 | +13.85% | +0.82% | +6.15% | +6.28% | na |
0.48% 0.48% |
31617L533 FMRAX 04500 4500 | |||
Moderately Conservative Allocation |
+5.97%
as of 09/06/2024
|
03/02/2020 | +11.63% | 0.00% | na | +3.53% | na |
0.48% 0.48% |
316069335 FHLSX 06046 6046 | |||
Moderately Conservative Allocation |
+6.34%
as of 09/06/2024
|
03/02/2020 | +11.86% | -0.06% | na | +3.18% | na |
0.25% 0.20% |
316069319 FHSNX 06047 6047 | |||
Target-Date Retirement |
+5.12%
as of 09/06/2024
|
08/31/2018 | +9.76% | +0.25% | +2.94% | +3.46% | na |
0.19% 0.19% |
315796441 FFBCX 03211 6362 | |||
Symbol
FFBEX
CUSIP
315796433
Fund #
6363
|
Target-Date 2000-2010 |
na
|
08/31/2018 | na | na | na | na | na |
0.19% 0.19% |
315796433 FFBEX 03202 6363 | ||
Target-Date 2000-2010 |
+5.80%
as of 09/06/2024
|
08/31/2018 | +11.14% | +0.40% | +4.22% | +4.38% | na |
0.19% 0.19% |
315796425 FFBHX 03193 6364 | |||
Target-Date 2015 |
+6.32%
as of 09/06/2024
|
08/31/2018 | +12.67% | +0.69% | +5.18% | +5.07% | na |
0.20% 0.20% |
315796417 FFBJX 03184 6365 | |||
Target-Date 2020 |
+6.98%
as of 09/06/2024
|
08/31/2018 | +14.17% | +0.98% | +6.07% | +5.75% | na |
0.21% 0.21% |
315796391 FFBLX 03174 6366 | |||
Target-Date 2025 |
+7.46%
as of 09/06/2024
|
08/31/2018 | +15.53% | +1.43% | +6.88% | +6.36% | na |
0.22% 0.22% |
315796383 FFBNX 03165 6367 | |||
Target-Date 2030 |
+7.88%
as of 09/06/2024
|
08/31/2018 | +16.55% | +1.98% | +7.92% | +7.07% | na |
0.23% 0.23% |
315796375 FFBPX 03156 6368 | |||
Target-Date 2035 |
+8.65%
as of 09/06/2024
|
08/31/2018 | +18.61% | +2.87% | +9.66% | +8.27% | na |
0.24% 0.24% |
315796367 FFBRX 03147 6369 | |||
Target-Date 2040 |
+9.45%
as of 09/06/2024
|
08/31/2018 | +20.96% | +3.94% | +11.07% | +9.28% | na |
0.25% 0.25% |
315796359 FFBTX 03138 6370 | |||
Target-Date 2045 |
+9.83%
as of 09/06/2024
|
08/31/2018 | +21.79% | +4.27% | +11.29% | +9.45% | na |
0.26% 0.26% |
315796342 FFBUX 03128 6371 | |||
Target-Date 2050 |
+9.75%
as of 09/06/2024
|
08/31/2018 | +21.81% | +4.28% | +11.30% | +9.45% | na |
0.26% 0.26% |
315796334 FFBWX 03119 6372 | |||
Target-Date 2055 |
+9.68%
as of 09/06/2024
|
08/31/2018 | +21.77% | +4.27% | +11.28% | +9.45% | na |
0.26% 0.26% |
315796326 FFBZX 03108 6373 | |||
Target-Date 2060 |
+9.80%
as of 09/06/2024
|
08/31/2018 | +21.75% | +4.29% | +11.29% | +9.45% | na |
0.26% 0.26% |
315796318 FFCBX 03095 6374 | |||
Target-Date 2065+ |
+9.81%
as of 09/06/2024
|
06/28/2019 | +21.75% | +4.30% | +11.30% | +10.57% | na |
0.26% 0.26% |
315796292 FFCHX 03418 6375 | |||
Moderate Allocation |
+9.10%
as of 09/06/2024
|
02/10/2022 | +18.65% | na | na | +3.80% | na |
0.55% 0.50% |
316069293 FYMRX 06477 6477 | |||
Large Blend |
+6.63%
as of 09/06/2024
|
07/07/2022 | +13.83% | na | na | +6.42% | na |
0.84% 0.74% |
31624J109 FAPSX 06513 6513 | |||
Macro Trading |
+0.78%
as of 09/06/2024
|
07/07/2022 | +0.34% | na | na | -4.93% | na |
0.92% 0.84% |
31624J703 FAQAX 06519 6519 | |||
Symbol
FSRMX
CUSIP
31617L327
Fund #
7247
|
Target-Date 2030 |
+8.02%
as of 09/06/2024
|
12/15/2022 | +16.89% | na | na | +14.38% | na |
0.65% 0.65% |
31617L327 FSRMX 07247 7247 | ||
Target-Date 2035 |
+7.12%
as of 09/06/2024
|
12/15/2022 | +14.75% | na | na | +12.00% | na |
0.48% 0.48% |
31617L384 FMRTX 07303 7303 | |||
Target-Date Retirement |
+4.89%
as of 09/06/2024
|
05/11/2023 | +9.33% | na | na | +6.83% | na |
0.41% 0.41% |
31579B101 FSUDX 07373 7373 | |||
Target-Date 2000-2010 |
+5.40%
as of 09/06/2024
|
05/11/2023 | +10.70% | na | na | +8.24% | na |
0.41% 0.41% |
31579B200 FSUYX 07382 7382 | |||
Target-Date 2015 |
+6.02%
as of 09/06/2024
|
05/11/2023 | +12.19% | na | na | +9.76% | na |
0.42% 0.42% |
31579B309 FSVNX 07391 7391 | |||
Target-Date 2020 |
+6.67%
as of 09/06/2024
|
05/11/2023 | +13.59% | na | na | +11.31% | na |
0.43% 0.43% |
31579B408 FSWDX 07400 7400 | |||
Target-Date 2025 |
+6.92%
as of 09/06/2024
|
05/11/2023 | +14.82% | na | na | +12.65% | na |
0.45% 0.45% |
31579B507 FSWOX 07409 7409 | |||
Target-Date 2030 |
+7.42%
as of 09/06/2024
|
05/11/2023 | +15.97% | na | na | +14.02% | na |
0.46% 0.46% |
31579B606 FSXAX 07418 7418 | |||
Target-Date 2035 |
+8.18%
as of 09/06/2024
|
05/11/2023 | +17.78% | na | na | +16.41% | na |
0.48% 0.48% |
31579B705 FSXKX 07427 7427 | |||
Target-Date 2040 |
+9.02%
as of 09/06/2024
|
05/11/2023 | +20.15% | na | na | +19.15% | na |
0.49% 0.49% |
31579B804 FSXVX 07436 7436 | |||
Target-Date 2045 |
+9.28%
as of 09/06/2024
|
05/11/2023 | +20.90% | na | na | +19.99% | na |
0.50% 0.50% |
31579B887 FSYHX 07445 7445 | |||
Target-Date 2050 |
+9.27%
as of 09/06/2024
|
05/11/2023 | +20.98% | na | na | +20.04% | na |
0.50% 0.50% |
31579B879 FSYWX 07454 7454 | |||
Target-Date 2055 |
+9.20%
as of 09/06/2024
|
05/11/2023 | +21.00% | na | na | +20.06% | na |
0.50% 0.50% |
31579B861 FSZHX 07463 7463 | |||
Target-Date 2060 |
+9.30%
as of 09/06/2024
|
05/11/2023 | +21.04% | na | na | +20.09% | na |
0.50% 0.50% |
31579B853 FSZSX 07472 7472 | |||
Target-Date 2065+ |
+9.27%
as of 09/06/2024
|
05/11/2023 | +21.00% | na | na | +20.06% | na |
0.50% 0.50% |
31579B846 FTGPX 07481 7481 | |||
Target-Date 2065+ |
na
|
06/28/2024 | na | na | na | +3.80% | na |
0.75% 0.75% |
31579B689 FRBDX 07639 7639 | |||
Target-Date 2065+ |
na
|
06/28/2024 | na | na | na | +4.00% | na |
0.00% 0.00% |
31579B655 FRBQX 07649 7649 | |||
Target-Date 2065+ |
na
|
06/28/2024 | na | na | na | +3.90% | na |
0.49% 0.49% |
31579B549 FRBYX 07654 7654 | |||
Target-Date 2065+ |
na
|
06/28/2024 | na | na | na | +4.00% | na |
0.25% 0.25% |
31579B515 FRCPX 07654 7662 | |||
Target-Date 2065+ |
na
|
06/28/2024 | na | na | na | +4.10% | na |
0.49% 0.49% |
31579B440 FRCQX 07663 7663 |
List of Funds to Compare
* For periods of less than one year, the life of fund number is represented by a cumulative total return. Data in bold represent funds with less than 10 years.
† Gross Expense Ratio is the total annual class operating expense ratio from the most recent prospectus and generally is based on amounts incurred during the most recent fiscal year. Net Expense Ratio is the total annual fund or class operating expense from the fund's most recent prospectus, after any fee waiver and/or expense reimbursements that will reduce any fund operating expenses for no less than one year from the effective date of the fund's registration statement. This number does not include any fee waiver arrangement or expense reimbursement that may be terminated without agreement of the fund's board of trustees during the one-year period.
Commodity interest trading involves substantial risk of loss. Past Performance is not indicative of future results.
Fidelity AMT Tax-Free Money, Fidelity Fifty, Fidelity Growth Company, Fidelity Municipal Income 2015, Fidelity Small Cap Discovery, Fidelity Small Cap Value and Fidelity Treasury Money Market funds are closed to new investors.
Fidelity Commodity Strategy, Fidelity Series 100 Index, Fidelity Series All-Sector Equity, Fidelity Series Broad Market Opportunities, Fidelity Series Commodity Strategy Fund - Series Class, Fidelity Series Emerging Markets, Fidelity Series Emerging Markets Debt, Fidelity Series Global ex U.S. Index, Fidelity Series High Income, Fidelity Series Inflation-Protected Bond Index, Fidelity Series International Small Cap, Fidelity Series International Growth, Fidelity Series International Value, Fidelity Series Investment Grade Bond, Fidelity Series Large Cap Value Fund and Fidelity Series Small Cap Opportunities are closed to public.
The current yield more closely reflects the current earnings of the portfolio, while total return refers to a specific past holding period.
Average annual total returns are historical and include changes in share price and reinvestment of dividends and capital gains.
Important Performance Information
Returns shown for MSCI U.S. IMI Banks 5% Capped Index for the periods prior to September 1, 2016 are returns of MSCI U.S. IMI Banks 25/50 Index; returns shown for periods prior to January 1, 2010 are returns of the MSCI U.S. IM Banks Index. Returns shown for MSCI U.S. IMI Financials 5% Capped Index for the periods prior to September 1, 2016 are returns of MSCI U.S. IMI Financials 25/50 Index; returns shown for periods prior to January 1, 2010 are returns of the MSCI U.S. IM Financials Index.
Prior to 7/1/99, 2/1/07, 2/1/07, 12/1/10 and 6/1/11, respectively, Value Strategies, Trend, Growth Discovery, Emerging Asia, and Global Strategies operated under certain different investment policies and compared their performance to a different benchmark. Prior to 2/11/00, 9/1/00, 12/29/01, 10/1/04 and 12/1/07, respectively, Aggressive International, China Region, Focused Stock, International Discovery, and Mega Cap Stock operated under certain different investment policies. These funds' historical performance may not represent their current investment policies.
Prior to 10/1/06 Select IT Services, Select Consumer Discretionary, Select Industrials, Select Communications Equipment, Select Consumer Staples, and Select Materials were named Select Business Services and Outsourcing, Select Consumer Industries, Select Cyclical Industries, Select Developing Communications, Select Food and Agriculture, Select Industrial Materials, respectively. These funds and Select Utilities Growth operated under certain different investment policies and compared their performance to different secondary benchmarks prior to 10/1/06. Prior to 7/1/10 Select Environment and Alternative Energy was named Select Environmental and compared its performance to a different secondary benchmark. The funds' historical performance may not represent their current investment policies.
Prior to 12/1/18, Select Communication Services operated under certain different investment policies and compared its performance to a different benchmark. The fund's historical performance may not reflect its current investment policies. Index returns shown for the period January 1, 2010, to November 30, 2018, are returns of the MSCI U.S. IM Media 25/50 Index. Index returns shown for periods prior to January 1, 2010, are returns of the MSCI U.S. IM Media Index.
From time to time, FDC LLC or its affiliates may pay its representatives additional compensation if they meet certain targets related to sales of the Fidelity funds, which may be weighted at different rates. Furthermore, certain representatives may be considered product specialists and may receive compensation, which may be weighted at different rates, solely for the sales of specific types of funds in which they specialize.