Fidelity Freedom Index 2045 Fund

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

#11 in Target Date 2041-2045

U.S. News evaluated 43 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 12.20 percent over the past year, and 9.09 percent over the past three years.

Trailing Returns Updated 04.30.2013
Year to date 7.8%
1 Year 12.2%
3 Years (Annualized) 9.1%
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 allocates assets among underlying Fidelity funds according to 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 2045).

Fees

Fees are Low 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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Target Date 2041-2045s
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