Fidelity Freedom� 2040

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Performance

Trailing returns

1 day
   
-0.83%  
1 week   +0.00%  
4 week
   
-0.52%  
3 month
   
-0.31%  
YTD   +5.06%
   
1 year   +11.25%
   
3 years*   +15.85%
   
5 years*   +10.43%
   
*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 assets7.09B 
Front load-  
Deferred load-  
Expense ratio0.78%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash3.18%  
Stocks87.51%  
Bonds8.60%  
Preferred0.63%  
Convertible0.07%  
Other0.02%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
9.55-0.08(-0.83%)
Sep 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, BOSTON DE 02210, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -4.01 -2.31 -3.11 -3.08
Beta* 1.50 1.43 1.49 1.50
Mean annual return 1.40 1.08 1.01 0.66
R-squared* 94.22 97.59 98.00 97.32
Standard deviation 8.03 11.44 12.75 14.66
Sharpe ratio 2.09 1.13 0.95 0.43
* Against standard index

Top 10 holdings