Fidelity Freedom� 2045 Fund

 (MUTF:FFFGX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.08%  
1 week   +0.17%
   
4 week   +1.61%
   
3 month   +3.80%
   
YTD   +17.97%
   
1 year   +20.53%
   
3 years*   +10.73%
   
5 years*   +10.68%
   
*annualized
Best 3 month return+26.98%  
Worst 3 month return-32.92%  

Morningstar statistics

Morningstar category: Target-Date 2045
  Return Risk Rating
3 years High Above Average
5 years Average Average
10 years Average Average
Overall Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets12.47B 
Front load-  
Deferred load-  
Expense ratio0.75%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash5.51%  
Stocks88.49%  
Bonds4.88%  
Preferred0.52%  
Convertible0.06%  
Other0.55%  

Purchase information

Initial$2,500  
IRA Initial$2,500  
12.04+0.03(0.25%)
Oct 19, 8:00PM EDT Overall Morningstar RatingTM

Description

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 2045)).
Fund filings (PDF) »
Asset managers:
Andrew Dierdorf (Started: Jun 30, 2011)
Brett Sumsion (Started: Jan 21, 2014)
Advisor Company:
Fidelity Investments
Fund family reports on Morningstar »
Fidelity Investments, 483 Bay Street, BOSTON MA 02210, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 2.75 -0.18 -0.26 -2.64
Beta* 1.34 1.52 1.44 1.51
Mean annual return 1.38 0.74 0.85 0.49
R-squared* 93.07 94.34 93.79 97.00
Standard deviation 4.36 9.47 8.83 15.12
Sharpe ratio 3.64 0.90 1.14 0.36
* Against standard index

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