Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity Freedom K® 2045 Fund (FFKGX)

17.60
Net Asset Value
+0.06%
1 Day
+10.62%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
No Load
Sales Expenses
0.64%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return until its target retirement date. The fund invests in a combination of Fidelity  domestic equity funds, international equity funds (developed and emerging markets), bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches an allocation similar to that of the Fidelity Freedom  K Income Fund (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 2045)).

Performance

1 month-0.79% 3 years+7.29%
3 months+3.17% 5 years+10.10%
1 year+14.08% Since inception+12.04%
Data through --

Peer Comparisonvs. Target-date 2045

 FFKGXCategory
Performance 5-yr return+10.10%+10.11%
Expense ratio0.64%0.85%
Risk 5 year sharpe ratio1.211.16
Net assets$8.2B$1.3B
Average market cap$33.8B$35.9B
Average P/E19.919.4
Portfolio turnover19%19%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock55.39%
International stock34.31%
Cash5.52%
Fixed income4.18%
Other0.62%
Top 5 Sectors
Portfolio weighting
Financial service 17.91%
Industrial materials 14.52%
Consumer goods 12.58%
Energy 10.93%
Healthcare 10.27%
Top 10 Holdings
Portfolio weighting
FEMFX Fidelity® Series Emerging Markets Fund Class F9.94%
FFIGX Fidelity® Series International Growth Fund F9.70%
FFVNX Fidelity® Series International Value Fund Class F9.66%
FTBTX Fidelity® Series Growth & Income Fund Class F9.17%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F8.76%
FFGSX Fidelity® Series Growth Company Fund Class F8.27%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.86%
FRLLX Fidelity® Series Equity-Income Fund Class F5.07%
FWWEX Fidelity® Series Opportunistic Insights Fund Class F4.66%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.28%