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)

9.39
Net Asset Value
+0.21%
1 Day
+6.83%
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+3.30% 3 years+5.71%
3 months+3.87% 5 years+9.80%
1 year+9.62% Since inception+3.19%
Data through --

Peer Comparisonvs. Target-date 2040

 FFFFXCategory
Performance 5-yr return+9.80%+10.39%
Expense ratio0.77%0.93%
Risk 5 year sharpe ratio0.950.91
Net assets$6.7B$1.7B
Average market cap$31.7B$35.0B
Average P/E18.618.8
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 / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock57.77%
International stock31.36%
Fixed income5.51%
Cash4.77%
Other0.59%
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 Fund10.14%
FNKLX Fidelity® Series Equity-Income Fund9.98%
FINVX Fidelity® Series International Value Fund9.26%
FIGSX Fidelity® Series International Growth Fund9.00%
FCGSX Fidelity® Series Growth Company Fund8.44%
FGLGX Fidelity® Series Growth & Income Fund7.33%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.89%
FDMLX Fidelity® Series Intrinsic Opportunities Fund5.68%
FSBDX Fidelity® Series Blue Chip Growth Fund4.88%
FVWSX Fidelity® Series Opportunistic Insights Fund4.62%

Search for Jobs