Fidelity Freedom® Index 2040 Fund

Class Other (FBIFX)
Scorecard
3 / 5 Stars
Lipper
2 2 2 5 5
Zacks Investment Research
3 (Hold)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C- (Hold)

#16 in Target Date 2036-2040

U.S. News evaluated 52 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.

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Performance

The fund has returned 15.86 percent over the past year, and 8.30 percent over the past three years.

Trailing Returns Updated 02.28.2014
Year to date 1.3%
1 Year 15.9%
3 Years (Annualized) 8.3%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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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 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 will use a moderate asset allocation strategy designed for investors expecting to retire around the year 2040.

Fees

Fees are Average compared to funds in the same category.
Fidelity Freedom® Index 2040 Fund has an expense ratio of 0.09 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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