Fidelity Freedom� 2040

 (MUTF:FFFFX)   Watch this mutual fund  
Find more results for MUTF:FFFFX

Performance

Trailing returns

1 day   +0.21%
   
1 week   +1.48%
   
4 week   +0.73%
   
3 month   +4.23%
   
YTD   +5.72%
   
1 year   +16.74%
   
3 years*   +15.23%
   
5 years*   +11.79%
   
*annualized
Best 3 month return+26.76%  
Worst 3 month return-32.68%  

Morningstar statistics

Morningstar category: Target Date 2036-2040
  Return Risk Rating
3 years Average Average
5 years Average Average
10 years Average Average
Overall Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets6.91B 
Front load-  
Deferred load-  
Expense ratio0.78%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash3.51%  
Stocks87.35%  
Bonds8.52%  
Preferred0.56%  
Convertible0.07%  
Other0.01%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
9.60-0.01(-0.10%)
Aug 22, 4:00PM EDT Overall Morningstar RatingTM

Description

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 2040).
Fund filings (PDF) »
Asset managers:
Andrew Dierdorf (Started: Jun 30, 2011)
Brett Sumsion (Started: Jan 21, 2014)
Advisor Company:
Strategic Advisers, Inc.
Fund family reports on Morningstar »
Fidelity Investments, 483 Bay Street, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -1.68 -2.76 -3.14 -3.19
Beta* 1.38 1.45 1.48 1.50
Mean annual return 1.03 0.84 1.03 0.64
R-squared* 92.72 97.73 98.01 97.27
Standard deviation 8.33 12.05 12.77 14.64
Sharpe ratio 1.47 0.83 0.96 0.41
* Against standard index

Top 10 holdings