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® 2040 Fund (FFFFX)

8.59
Net Asset Value
+1.78%
1 Day
-2.28%
Year-to-Date
Overall Morningstar Rating
Target-date 2040
Style or Category
No Load
Sales Expenses
0.77%
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  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-3.43% 3 years+5.75%
3 months+0.24% 5 years+5.99%
1 year-7.19% Since inception+2.99%
Data through --

Peer Comparisonvs. Target-date 2040

 FFFFXCategory
Performance 5-yr return+5.99%+5.71%
Expense ratio0.77%0.96%
Risk 5 year sharpe ratio0.550.55
Net assets$6.5B$1.6B
Average market cap$30.1B$33.6B
Average P/E17.617.5
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 / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock59.84%
International stock30.34%
Fixed income4.87%
Cash4.33%
Other0.63%
Top 5 Sectors
Portfolio weighting
Financial service 17.80%
Industrial materials 14.48%
Consumer goods 12.75%
Energy 10.91%
Healthcare 10.25%
Top 10 Holdings
Portfolio weighting
FNKLX Fidelity® Series Equity-Income Fund9.64%
FEMSX Fidelity® Series Emerging Markets Fund9.41%
FINVX Fidelity® Series International Value Fund9.03%
FIGSX Fidelity® Series International Growth Fund9.00%
FCGSX Fidelity® Series Growth Company Fund8.64%
FGLGX Fidelity® Series Growth & Income Fund7.39%
FSAEX Fidelity® Series All-Sector Equity Fund7.12%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.34%
FDMLX Fidelity® Series Intrinsic Opportunities Fund5.42%
FSBDX Fidelity® Series Blue Chip Growth Fund4.87%

Partner Offers

Search for Jobs