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Fidelity Freedom® 2040 Fund (FFFFX)

9.19
Net Asset Value
+0.66%
1 Day
+4.55%
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-0.22% 3 years+6.07%
3 months+6.29% 5 years+10.33%
1 year+13.33% Since inception+3.20%
Data through --

Peer Comparisonvs. Target-date 2040

 FFFFXCategory
Performance 5-yr return+10.33%+6.13%
Expense ratio0.77%0.94%
Risk 5 year sharpe ratio0.790.78
Net assets$6.7B$1.7B
Average market cap$30.1B$35.1B
Average P/E17.918.6
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. stock60.10%
International stock30.81%
Fixed income4.86%
Cash3.60%
Other0.64%
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 Fund9.69%
FNKLX Fidelity® Series Equity-Income Fund9.56%
FIGSX Fidelity® Series International Growth Fund9.12%
FINVX Fidelity® Series International Value Fund9.03%
FCGSX Fidelity® Series Growth Company Fund8.60%
FGLGX Fidelity® Series Growth & Income Fund7.20%
FSAEX Fidelity® Series All-Sector Equity Fund6.95%
FBLEX Fidelity® Series Stock Selector Large Cap Value Fund6.28%
FDMLX Fidelity® Series Intrinsic Opportunities Fund5.58%
FSBDX Fidelity® Series Blue Chip Growth Fund4.88%

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