Fidelity Freedom� 2040

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Performance

Trailing returns

1 day   +1.18%
   
1 week   +3.07%
   
4 week   +0.01%
   
3 month   +5.00%
   
YTD   +0.64%
   
1 year   +6.28%
   
3 years*   +12.33%
   
5 years*   +10.40%
   
*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 assets6.86B 
Front load-  
Deferred load-  
Expense ratio0.78%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash3.83%  
Stocks89.70%  
Bonds5.81%  
Preferred0.60%  
Convertible0.04%  
Other0.01%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
9.42+0.05(0.53%)
Jan 26, 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 DE 02210, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.95 -0.25 -2.52 -2.80
Beta* 1.39 1.34 1.47 1.49
Mean annual return 0.49 1.10 0.85 0.56
R-squared* 93.94 96.26 97.92 97.18
Standard deviation 8.31 8.78 12.55 14.62
Sharpe ratio 0.70 1.49 0.81 0.35
* Against standard index

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