Fidelity Freedom� 2045 Fund

 (MUTF:FFFGX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.64%
   
1 week   +1.69%
   
4 week   +5.48%
   
3 month   +8.21%
   
YTD   +4.46%
   
1 year   +25.23%
   
3 years*   +11.93%
   
5 years*   +11.57%
   
*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 High
5 years Above Average Average
10 years Average Average
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets4.33B 
Front load-  
Deferred load-  
Expense ratio0.75%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash5.21%  
Stocks87.17%  
Bonds5.33%  
Preferred1.19%  
Convertible0.07%  
Other1.03%  

Purchase information

Initial$2,500  
IRA Initial$2,500  
12.65-0.01(-0.08%)
Jan 17, 7:00PM EST 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:
FMR Co., Inc. (FMRC)
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* 2.06 -0.40 -0.05 -2.54
Beta* 1.34 1.52 1.44 1.51
Mean annual return 1.69 0.82 0.92 0.55
R-squared* 89.67 94.27 93.92 97.07
Standard deviation 2.48 9.43 8.79 15.02
Sharpe ratio 7.68 1.00 1.23 0.41
* Against standard index

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