Fidelity Freedom� 2040 Fund

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Performance

Trailing returns

1 day
   
-1.28%  
1 week
   
-5.26%  
4 week
   
-5.95%  
3 month
   
-13.46%  
YTD
   
-11.95%  
1 year
   
-13.12%  
3 years*   +2.65%
   
5 years*   +3.39%
   
*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 Above 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 assets6.01B 
Front load-  
Deferred load-  
Expense ratio0.75%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash4.19%  
Stocks90.52%  
Bonds4.91%  
Preferred0.28%  
Convertible0.06%  
Other0.05%  

Purchase information

Initial$2,500  
IRA Initial$2,500  
7.86+0.12(1.55%)
Feb 12, 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:
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* 2.42 0.08 -1.70 -2.68
Beta* 1.64 1.46 1.46 1.50
Mean annual return -0.35 0.45 0.48 0.40
R-squared* 97.14 94.76 96.82 97.15
Standard deviation 13.29 9.96 11.50 14.95
Sharpe ratio -0.32 0.53 0.49 0.24
* Against standard index

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