FMWIX is a mutual fund that focuses on providing moderate risk with a focus on generating income for investors. It follows an allocation index strategy, meaning it invests in a diverse range of assets such as stocks, bonds, and cash equivalents to achieve its investment objectives. This fund is suitable for investors who are looking for a balanced approach to investing, with a mix of potential growth and steady income. The ticker symbol FMWIX represents this fund on the stock market.