2 / 5 Stars
2 2 1 4 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#24 in Target Date 2036-2040
U.S. News evaluated 49 Target Date 2036-2040 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 18.24 percent over the past year, 10.24 percent over the past three years, 12.85 percent over the past five years, and 6.03 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||15.9%|
|3 Years (Annualized)||10.2%|
|5 Years (Annualized)||12.9%|
|10 Years (Annualized)||6.0%|
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 expecting to retire around the year 2040. 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 2040).
Fees are Average compared to funds in the same category.
Fidelity Advisor Freedom 2040 Fund has an expense ratio of 0.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.