2 / 5 Stars
2 2 5 5 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#24 in Target Date 2000-2010
U.S. News evaluated 38 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 6.05 percent over the past year, and 5.90 percent over the past three years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||3.4%|
|3 Years (Annualized)||5.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks high total return until its target retirement date. The fund invests in a combination of underlying Fidelity funds, each of which (excluding the money market fund) seeks to provide investment results that correspond to the total return of a specific index or market segment. It allocates assets among underlying Fidelity funds according to 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 Low compared to funds in the same category.
Fidelity Freedom Index 2005 Fund has an expense ratio of 0.09 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.