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Fidelity Freedom K® 2045 Fund (FFKGX)

15.94
Net Asset Value
+0.50%
1 Day
+4.80%
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+0.06% 3 years+6.45%
3 months+3.91% 5 years+11.16%
1 year+10.96% Since inception+11.28%
Data through --

Peer Comparisonvs. Target-date 2045

 FFKGXCategory
Performance 5-yr return+11.16%+6.57%
Expense ratio0.67%0.90%
Risk 5 year sharpe ratio0.800.82
Net assets$6.9B$1.1B
Average market cap$30.1B$34.2B
Average P/E18.018.4
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. stock59.22%
International stock31.09%
Fixed income4.75%
Cash4.31%
Other0.63%
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 F9.75%
FRLLX Fidelity® Series Equity-Income Fund Class F9.59%
FFIGX Fidelity® Series International Growth Fund F9.12%
FFVNX Fidelity® Series International Value Fund Class F9.04%
FFGSX Fidelity® Series Growth Company Fund Class F8.49%
FTBTX Fidelity® Series Growth & Income Fund Class F7.21%
FSFFX Fidelity® Series All-Sector Equity Fund Class F6.97%
FRGEX Fidelity® Series Stock Selector Large Cap Value Fund Class F6.30%
FGLLX Fidelity® Series Intrinsic Opportunities Fund Class F5.60%
FSBEX Fidelity® Series Blue Chip Growth Fund Class F4.89%