1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#22 in Target Date 2041-2045
U.S. News evaluated 48 Target Date 2041-2045 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 12.67 percent over the past year, 7.71 percent over the past three years, and 16.37 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.1%|
|3 Years (Annualized)||7.7%|
|5 Years (Annualized)||16.4%|
|10 Years (Annualized)||N/A|
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 2045. 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 2045).
Fees are Average compared to funds in the same category.
Fidelity Advisor Freedom 2045 Fund has an expense ratio of 0.25 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.