Fidelity Freedom� 2040

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

Performance

Trailing returns

1 day
   
-0.21%  
1 week   +0.10%
   
4 week   +3.85%
   
3 month   +2.35%
   
YTD   +3.96%
   
1 year   +8.76%
   
3 years*   +11.68%
   
5 years*   +11.05%
   
*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 assets6.66B 
Front load-  
Deferred load-  
Expense ratio0.78%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash3.64%  
Stocks89.76%  
Bonds5.92%  
Preferred0.61%  
Convertible0.04%  
Other0.01%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
9.75+0.04(0.41%)
Mar 2, 4:00PM EST 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, BOSTON MA 02210, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.14 -0.38 -2.43 -2.80
Beta* 1.33 1.35 1.46 1.49
Mean annual return 0.64 0.93 0.89 0.56
R-squared* 94.96 96.13 97.90 97.18
Standard deviation 7.63 8.62 12.43 14.61
Sharpe ratio 1.00 1.28 0.85 0.36
* Against standard index

Top 10 holdings