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Fidelity Freedom® 2040 Fund (FFFFX)

9.67
Net Asset Value
0.00%
1 Day
+5.68%
Year-to-Date
Overall Morningstar Rating
Target-date 2040
Style or Category
No Load
Sales Expenses
0.77%
Expense Ratio
Above 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-0.10% 3 years+6.45%
3 months+5.62% 5 years+8.84%
1 year+15.70% Since inception+3.57%
Data through --

Peer Comparisonvs. Target-date 2040

 FFFFXCategory
Performance 5-yr return+8.84%+8.99%
Expense ratio0.77%0.91%
Risk 5 year sharpe ratio0.930.88
Net assets$7.2B$1.8B
Average market cap$31.9B$35.6B
Average P/E18.519.4
Portfolio turnover16%16%

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Fund Management and Purchase Info

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

Holdings

U.S. stock57.72%
International stock31.84%
Cash4.98%
Fixed income4.86%
Other0.60%
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
FEMSX Fidelity┬« Series Emerging Markets Fund10.08%
FNKLX Fidelity┬« Series Equity-Income Fund9.97%
FINVX Fidelity┬« Series International Value Fund9.42%
FIGSX Fidelity┬« Series International Growth Fund9.40%
FCGSX Fidelity┬« Series Growth Company Fund8.27%
FBLEX Fidelity┬« Series Stock Selector Large Cap Value Fund7.12%
FGLGX Fidelity┬« Series Growth & Income Fund7.03%
FDMLX Fidelity┬« Series Intrinsic Opportunities Fund6.01%
FVWSX Fidelity┬« Series Opportunistic Insights Fund4.62%
FSBDX Fidelity┬« Series Blue Chip Growth Fund4.21%

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