3 / 5 Stars
2 2 2 5 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#7 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.
The fund has returned 11.44 percent over the past year, and 7.71 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.1%|
|3 Years (Annualized)||7.7%|
|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 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 2050.
Fees are Below Average compared to funds in the same category.
Fidelity Freedom Index 2050 Fund has an expense ratio of 0.09 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.