3 / 5 Stars
2 2 2 5 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#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.
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%|
|3 Years (Annualized)||8.3%|
|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 will use a moderate asset allocation strategy designed for investors expecting to retire around the year 2040.
Fees are Average compared to funds in the same category.
Fidelity Freedom® Index 2040 Fund has an expense ratio of 0.09 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.