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)

10.87
Net Asset Value
+0.28%
1 Day
+18.80%
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 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+1.21% 3 years+9.16%
3 months+5.45% 5 years+11.03%
1 year+19.66% Since inception+4.22%
Data through --

Peer Comparisonvs. Target-date 2040

 FFFFXCategory
Performance 5-yr return+11.03%+9.41%
Expense ratio0.75%0.86%
Risk 5 year sharpe ratio1.221.17
Net assets$22.1B$2.2B
Average market cap$35.1B$36.9B
Average P/E19.619.3
Portfolio turnover19%19%

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 / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock53.52%
International stock35.07%
Fixed income5.69%
Cash4.97%
Other0.76%
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 Fund9.31%
FINVX Fidelity® Series International Value Fund9.13%
FIGSX Fidelity® Series International Growth Fund9.13%
FDMLX Fidelity® Series Intrinsic Opportunities Fund9.11%
FGLGX Fidelity® Series Growth & Income Fund9.06%
FCGSX Fidelity® Series Growth Company Fund8.07%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.70%
FNKLX Fidelity® Series Value Discovery Fund4.78%
FVWSX Fidelity® Series Opportunistic Insights Fund4.49%
FSBDX Fidelity® Series Blue Chip Growth Fund4.08%