Fidelity Freedom� 2040

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Performance

Trailing returns

1 day   +0.00%  
1 week   +4.43%
   
4 week
   
-0.31%  
3 month   +1.79%
   
YTD   +6.38%
   
1 year   +7.55%
   
3 years*   +13.78%
   
5 years*   +9.97%
   
*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 assets7.00B 
Front load-  
Deferred load-  
Expense ratio0.78%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash3.80%  
Stocks89.54%  
Bonds6.00%  
Preferred0.55%  
Convertible0.09%  
Other0.02%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
9.670.00(0.00%)
Dec 24, 1:00PM 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 DE 02210, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.36 -0.54 -2.35 -2.84
Beta* 1.40 1.34 1.47 1.49
Mean annual return 0.76 1.13 0.92 0.59
R-squared* 92.80 95.97 97.70 97.20
Standard deviation 8.26 8.71 12.54 14.64
Sharpe ratio 1.11 1.54 0.87 0.38
* Against standard index

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