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Fidelity Freedom K® 2045 Fund (FFKGX)

15.88
Net Asset Value
-0.06%
1 Day
+4.40%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
No Load
Sales Expenses
0.67%
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+1.93% 3 years+7.48%
3 months+7.15% 5 years+10.59%
1 year+8.54% Since inception+11.31%
Data through --

Peer Comparisonvs. Target-date 2045

 FFKGXCategory
Performance 5-yr return+10.59%+6.57%
Expense ratio0.67%0.92%
Risk 5 year sharpe ratio0.660.68
Net assets$6.7B$1.1B
Average market cap$30.1B$34.0B
Average P/E18.118.1
Portfolio turnover16%16%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock59.16%
International stock31.08%
Fixed income4.84%
Cash4.32%
Other0.61%
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
FRLLX Fidelity® Series Equity-Income Fund Class F9.66%
FEMFX Fidelity® Series Emerging Markets Fund Class F9.63%
FFIGX Fidelity® Series International Growth Fund F9.16%
FFVNX Fidelity® Series International Value Fund Class F9.08%
FFGSX Fidelity® Series Growth Company Fund Class F8.33%
FTBTX Fidelity® Series Growth & Income Fund Class F7.18%
FSFFX Fidelity® Series All-Sector Equity Fund Class F7.00%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.40%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.56%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.78%

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