1 / 5 Stars
2 2 5 4 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#28 in Target Date 2000-2010
U.S. News evaluated 41 Target Date 2000-2010 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 7.00 percent over the past year, 5.77 percent over the past three years, and 9.10 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||6.1%|
|3 Years (Annualized)||5.8%|
|5 Years (Annualized)||9.1%|
|10 Years (Annualized)||N/A|
The investment seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. The fund invests in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds using a moderate asset allocation strategy designed for investors expected to have retired around the year 2005. It uses an asset allocation strategy that becomes increasingly conservative until it reaches approximately 15% in domestic equity funds, 5% in international equity funds, 40% in bond funds, and 40% in short-term funds (approximately 10 to 15 years after the year 2005).
Fees are Below Average compared to funds in the same category.
Fidelity Advisor Freedom 2005 Fund has an expense ratio of 0.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.