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)

Net Asset Value
1 Day
Overall Morningstar Rating
Target-date 2045
Style or Category
No Load
Sales Expenses
Expense Ratio
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)).


1 month-1.45% 3 years+4.84%
3 months+0.45% 5 years+8.46%
1 year+4.14% Since inception+11.28%
Data through --

Peer Comparisonvs. Target-date 2045

Performance 5-yr return+8.46%+11.30%
Expense ratio0.67%0.90%
Risk 5 year sharpe ratio1.061.05
Net assets$7.0B$1.1B
Average market cap$31.1B$34.4B
Average P/E18.518.7
Portfolio turnover16%16%

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 / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock59.20%
International stock31.22%
Fixed income4.73%
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 F9.92%
FEMFX Fidelity® Series Emerging Markets Fund Class F9.91%
FFVNX Fidelity® Series International Value Fund Class F9.27%
FFIGX Fidelity® Series International Growth Fund F9.09%
FFGSX Fidelity® Series Growth Company Fund Class F8.32%
FTBTX Fidelity® Series Growth & Income Fund Class F7.30%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.77%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.61%
FSFFX Fidelity® Series All-Sector Equity Fund Class F5.08%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.90%