Fidelity Freedom 2050 Fund

Class No Load (FFFHX)
Scorecard
2 / 5 Stars
Lipper
1 2 1 5 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

#19 in Target Date 2046-2050

U.S. News evaluated 44 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.

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Performance

The fund has returned 12.71 percent over the past year, 8.68 percent over the past three years, and 2.36 percent over the past five years.

Trailing Returns Updated 04.30.2013
Year to date 8.5%
1 Year 12.7%
3 Years (Annualized) 8.7%
5 Years (Annualized) 2.4%
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 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 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 2050).

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Target Date 2046-2050s
Rankings

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