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Asset Allocation Funds: Fidelity Freedom® Funds

Fidelity Freedom® Funds, also called target date funds, are all-in-one investment strategies that can help take the guesswork out of building and maintaining an age-based retirement portfolio.

Reasons to consider Fidelity Freedom Funds

  • Single-fund retirement strategy
  • Structured and disciplined management of a diversified portfolio
  • Automatically adjusting, age-based asset allocation

Find Freedom Funds

Each Freedom Fund name includes a date, which can help investors to choose the fund that represents their anticipated year of retirement. For example, the Fidelity Freedom® 2030 Fund is for investors expecting to retire in approximately 2030. Freedom Funds invest in a collection of underlying Fidelity mutual funds that provide exposure to multiple asset classes, creating a diversified portfolio of investments. The funds are offered in five-year increments, up to the Fidelity Freedom® 2055 Fund. Even after the target date passes, the asset allocation of the funds continues to become more conservative.

How Fidelity manages Freedom Funds

Choosing a Fidelity Freedom Fund

Once you click Submit, the Fidelity Freedom Fund managed closest to the year you entered will appear, along with its current target asset allocation. You will be able to see how the Freedom Fund's asset allocation strategy becomes more conservative by reducing its equity exposure as the fund's target date approaches and beyond. The stated asset allocations may be subject to change.


More Information

Retirement Roadmap
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information.  Read it carefully.
Strategic Advisers, Inc., a subsidiary of FMR LLC., manages the Fidelity Freedom Funds.
Fidelity Freedom Funds are designed for investors expecting to retire around the year indicated in each fund’s name. When choosing a Freedom Fund, investors should consider whether they anticipate retiring significantly earlier or later than age 65 even if such investors retire on or near a fund’s approximate target date. There may be other considerations relevant to fund selection and investors should select the fund that best meets their individual circumstances and investment goals. Except for the Freedom Income Fund, the funds' asset allocation strategy becomes increasingly conservative as it approaches the target date and beyond. Ultimately, they are expected to merge with the Freedom Income Fund. The investment risks of each Fidelity Freedom Fund change over time as its asset allocation changes. They are subject to the volatility of the financial markets, including equity and fixed income investments in the U.S. and abroad and may be subject to risks associated with investing in high yield, small cap and, commodity-related, foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates.
Strategic Advisers has discretion to increase or decrease the exposure to the asset classes listed above. Strategic Advisers may utilize this discretion, known as Active Allocation, to allow portfolio managers to express their cyclical asset class views within predefined risk parameters. This strategy may not be successful in adding value, may increase losses to the Fund and/or cause the Fund to have a risk profile different than that portrayed above from time to time.
Diversification and asset allocation do not ensure a profit or guarantee against a loss.