Fidelity Freedom� 2040

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Performance

Trailing returns

1 day
   
-0.10%  
1 week   +0.31%
   
4 week   +0.00%  
3 month   +5.17%
   
YTD   +5.28%
   
1 year   +14.58%
   
3 years*   +10.33%
   
5 years*   +12.83%
   
*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 assets7.17B 
Front load-  
Deferred load-  
Expense ratio0.78%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash2.96%  
Stocks87.30%  
Bonds9.07%  
Preferred0.58%  
Convertible0.06%  
Other0.03%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
9.55-0.02(-0.21%)
Jul 29, 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, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -1.83 -2.86 -3.23 -3.38
Beta* 1.39 1.45 1.49 1.50
Mean annual return 1.56 0.86 1.19 0.62
R-squared* 92.61 97.72 98.11 97.22
Standard deviation 8.26 11.98 13.05 14.70
Sharpe ratio 2.26 0.86 1.09 0.40
* Against standard index

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