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Fidelity Advisor Freedom® 2040 Fund Class I (FIFFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target-date 2040
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond. 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 Advisor Freedom ® 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 2040)).


1 month+3.20% 3 years+5.91%
3 months+2.90% 5 years+6.49%
1 year-0.86% Since inception+6.26%
Data through --

Peer Comparisonvs. Target-date 2040

Performance 5-yr return+6.49%+6.13%
Expense ratio0.77%0.96%
Risk 5 year sharpe ratio0.570.58
Net assets$2.0B$1.6B
Average market cap$33.3B$33.7B
Average P/E18.117.6
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


U.S. stock61.23%
International stock28.53%
Fixed income4.82%
Top 5 Sectors
Portfolio weighting
Financial service 19.49%
Industrial materials 15.27%
Energy 11.19%
Consumer goods 10.39%
Healthcare 10.33%
Top 10 Holdings
Portfolio weighting
FLMLX Fidelity Advisor® Series Equity-Income Fund11.51%
FEMSX Fidelity® Series Emerging Markets Fund9.08%
FIGSX Fidelity® Series International Growth Fund9.03%
FINVX Fidelity® Series International Value Fund8.93%
FMALX Fidelity Advisor® Series Growth & Income Fund7.95%
FSAEX Fidelity® Series All-Sector Equity Fund7.69%
FMMLX Fidelity Advisor® Series Stock Selector Large Cap Value Fund7.66%
FMFMX Fidelity Advisor® Series Equity Growth Fund6.49%
FAMGX Fidelity Advisor® Series Opportunistic Insights Fund6.00%
FAOFX Fidelity Advisor® Series Growth Opportunities Fund4.19%

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