XOM - Fidelity Freedom 2015 Fund Q1 2025 Review
2025-05-07 10:14:00 ET
Summary
- Fidelity Freedom® Funds (the Funds) are designed so that the target date referenced in the Fund name is the approximate year when investors expect to retire.
- Uncertainty about the direction of U.S. policy weighed on markets in Q1, as investors digested news on tariffs, cuts to government programs, and tighter immigration policy.
- Tariffs were a catalyst for the repricing of non-U.S equities. Non-U.S. markets' fiscally oriented growth narrative, cheaper valuations, and improved earnings estimates drove one of the largest relative-return differences between U.S. and non-U.S. equities in history.
Investment Approach
- Fidelity Freedom® Fidelity Freedom® Funds (the Funds) are designed so that the target date referenced in the Fund name is the approximate year when investors expect to retire.
- Except for Fidelity Freedom® Income Fund, each of the Funds seeks high total return until reaching its respective target retirement date; thereafter, each Fund's objective will be to seek high current income and, as a secondary objective, capital appreciation.
- Except for Fidelity Freedom® Income Fund, each Fund's asset allocation strategy becomes increasingly diversified as it approaches its target date – and beyond. Ultimately, the Funds are expected to merge with Fidelity Freedom Income Fund.
- The Funds employ a disciplined and time-tested investment process focused on helping investors achieve successful retirement outcomes by leveraging the depth and strength of Fidelity's investment research and resources.
PERFORMANCE SUMMARY |
Cumulative |
Annualized |
3 Month |
YTD |
1 Year |
3 Year |
5 Year |
10 Year/ LOF 1 |
Fidelity Freedom 2015 Fund Gross Expense Ratio: 0.52% 2 |
1.93% |
1.93% |
5.24% |
2.79% |
6.76% |
5.08% |
Bloomberg US Aggregate Bond Index |
2.78% |
2.78% |
4.88% |
0.52% |
-0.40% |
1.46% |
Fidelity Freedom 2015 Composite Index |
1.46% |
1.46% |
5.70% |
2.87% |
6.12% |
5.11% |
Morningstar Fund Target-Date 2015 |
1.45% |
1.45% |
5.51% |
3.10% |
6.70% |
4.87% |
% Rank in Morningstar Category (1% = Best) |
-- |
-- |
72% |
79% |
47% |
26% |
# of Funds in Morningstar Category |
-- |
-- |
101 |
92 |
82 |
49 |
1 Life of Fund (LOF) if performance is less than 10 years. Fund inception date: 11/06/2003. ...
Fidelity Freedom 2015 Fund Q1 2025 Review