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Fidelity Advisor Freedom® 2040 Fund Class I (FIFFX)

15.91
Net Asset Value
0.00%
1 Day
+15.71%
Year-to-Date
Overall Morningstar Rating
Target-date 2040
Style or Category
No Load
Sales Expenses
0.75%
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)).

Performance

1 month+1.86% 3 years+10.25%
3 months+4.26% 5 years+9.94%
1 year+20.51% Since inception+7.29%
Data through --

Peer Comparisonvs. Target-date 2040

 FIFFXCategory
Performance 5-yr return+9.94%+9.41%
Expense ratio0.75%0.88%
Risk 5 year sharpe ratio1.101.09
Net assets$2.1B$2.1B
Average market cap$39.6B$37.0B
Average P/E20.619.1
Portfolio turnover18%18%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAndrew Dierdorf / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00

Holdings

U.S. stock57.17%
International stock32.04%
Fixed income5.52%
Cash4.81%
Other0.46%
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
FMALX Fidelity Advisor® Series Growth & Income Fund11.66%
FEMSX Fidelity® Series Emerging Markets Fund10.43%
FIGSX Fidelity® Series International Growth Fund9.43%
FINVX Fidelity® Series International Value Fund9.42%
FMMLX Fidelity Advisor® Series Stock Selector Large Cap Value Fund7.60%
FLMLX Fidelity Advisor® Series Equity-Income Fund7.39%
FMFMX Fidelity Advisor® Series Equity Growth Fund6.46%
FAMGX Fidelity Advisor® Series Opportunistic Insights Fund5.95%
FSAEX Fidelity® Series All-Sector Equity Fund4.44%
FAOFX Fidelity Advisor® Series Growth Opportunities Fund4.19%