RKLB - Fidelity Freedom 2010 Fund Q4 2024 Review
2025-03-16 08:32:00 ET
Summary
- The fourth quarter of 2024 was volatile for most asset classes against a backdrop of the U.S. election, surging dollar strength, sticky inflation and rising interest rates in some markets.
- Active asset allocation decisions detracted from the Fund's performance versus the Fidelity Freedom® 2030 Composite Index in Q4, whereas the investment performance of the underlying portfolios contributed.
- Overall, active asset allocation positioning detracted from the Fund's relative return this quarter.
- The Fund's glide path and strategic asset allocation reflect our long-term views and insights on participant needs, diversification and capital markets.
Performance Summary
| Cumulative |
| Annualized |
| 3 |
| 1 |
| 3 |
| 5 |
| 10 Year/ LOF1 |
| Month |
| YTD |
| Year |
| Year |
| Year |
| Fidelity Freedom 2010 Fund Gross Expense Ratio: 0.48%2 |
| -2.48% |
| 5.26% |
| 5.26% |
| 0.11% |
| 3.31% |
| 4.47% |
| Bloomberg US Aggregate Bond Index |
| -3.06% |
| 1.25% |
| 1.25% |
| -2.41% |
| -0.33% |
| 1.35% |
| Fidelity Freedom 2010 Composite Index |
| -1.91% |
| 5.84% |
| 5.84% |
| 0.45% |
| 3.36% |
| 4.48% |
| Morningstar Fund Target-Date 2000-2010 |
| -1.91% |
| 6.71% |
| 6.71% |
| 0.91% |
| 3.90% |
| 4.44% |
| % Rank in Morningstar Category (1% = Best) |
| -- |
| -- |
| 85% |
| 88% |
| 77% |
| 65% |
| # of Funds in Morningstar Category |
| -- |
| -- |
| 97 |
| 86 |
| 79 |
| 46 |