Fidelity Freedom® Index 2045 Fund

Class Other (FIOFX)
Scorecard
2 / 5 Stars
Lipper
1 1 2 5 5
Zacks Investment Research
3 (Hold)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C- (Hold)

#16 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.

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Performance

The fund has returned 14.07 percent over the past year, and 8.40 percent over the past three years.

Trailing Returns Updated 03.31.2014
Year to date 1.7%
1 Year 14.1%
3 Years (Annualized) 8.4%
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 2045.

Fees

Fees are Average compared to funds in the same category.
Fidelity Freedom® Index 2045 Fund has an expense ratio of 0.09 percent.

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Risk

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

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