2 / 5 Stars
2 2 1 4 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 47 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 20.45 percent over the past year, and 10.37 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.5%|
|3 Years (Annualized)||10.4%|
|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 domestic equity funds, international equity funds, bond funds, and short-term funds. 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 19 years after the year 2045).
Fees are Average compared to funds in the same category.
Fidelity Freedom K® 2045 Fund has an expense ratio of 0.05 percent.
Risk is Average compared to funds in the same category according to Morningstar.