Fidelity Freedom� 2045 Fund

 (MUTF:FFFGX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.52%
   
1 week   +1.40%
   
4 week   +1.58%
   
3 month   +7.51%
   
YTD   +13.65%
   
1 year   +18.53%
   
3 years*   +7.36%
   
5 years*   +10.84%
   
*annualized
Best 3 month return+26.98%  
Worst 3 month return-32.92%  

Morningstar statistics

Morningstar category: Target-Date 2045
  Return Risk Rating
3 years High Above Average
5 years Above Average Average
10 years Average Average
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets3.67B 
Front load-  
Deferred load-  
Expense ratio0.77%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash5.12%  
Stocks90.34%  
Bonds3.95%  
Preferred0.55%  
Convertible0.06%  
Other-0.02%  

Purchase information

Initial$2,500  
IRA Initial$2,500  
11.57-0.02(-0.17%)
Jul 20, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high total return until its target retirement date. The fund invests in a combination of Fidelity� domestic equity funds, international equity funds (developed and emerging markets), bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches an allocation similar to that of the Fidelity Freedom� Income Fund (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)).
Fund filings (PDF) »
Asset managers:
Andrew Dierdorf (Started: Jun 30, 2011)
Brett Sumsion (Started: Jan 21, 2014)
Advisor Company:
FMR Co., Inc. (FMRC)
Fund family reports on Morningstar »
Fidelity Investments, 483 Bay Street, BOSTON MA 02210, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 3.78 0.58 -0.30 -2.67
Beta* 1.34 1.48 1.44 1.51
Mean annual return 1.47 0.57 0.88 0.47
R-squared* 96.04 94.14 93.81 97.02
Standard deviation 5.06 9.79 8.85 15.18
Sharpe ratio 3.38 0.67 1.18 0.34
* Against standard index

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