3 / 5 Stars
1 1 5 5 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#16 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.
The fund has returned 5.59 percent over the past year, and 5.01 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.8%|
|3 Years (Annualized)||5.0%|
|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 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).
Fees are Low compared to funds in the same category.
Fidelity Freedom K 2005 Fund has an expense ratio of 0.05 percent.
Risk is Average compared to funds in the same category according to Morningstar.