Fidelity Freedom® 2005 Fund

Class Other (FFFVX)
Scorecard
3 / 5 Stars
Lipper
3 3 5 5 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

#14 in Target Date 2000-2010

U.S. News evaluated 42 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.

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Performance

The fund has returned 7.82 percent over the past year, 5.23 percent over the past three years, 12.30 percent over the past five years, and 4.79 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.5%
1 Year 7.8%
3 Years (Annualized) 5.2%
5 Years (Annualized) 12.3%
10 Years (Annualized) 4.8%

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Summary

The investment seeks high total return until its target retirement date. 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 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds (approximately 10 to 17 years after the year 2005).