Fidelity Freedom® 2050 Fund

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

#16 in Target Date 2046-2050

U.S. News evaluated 50 Target Date 2046-2050 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Fidelity Investments funds

See full Target Date 2046-2050 rankings

See more fund rankings

Performance

The fund has returned 15.53 percent over the past year, 8.31 percent over the past three years, and 17.65 percent over the past five years.

Trailing Returns Updated 03.31.2014
Year to date 1.1%
1 Year 15.5%
3 Years (Annualized) 8.3%
5 Years (Annualized) 17.6%
10 Years (Annualized) N/A

See more FFFHX performance

Summary

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 using a moderate asset allocation strategy designed for investors expecting to retire around the year 2050. 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 2050).