RCRUY - Fidelity Freedom 2015 Fund Q4 2024 Review
2025-03-17 05:48:00 ET
Summary
- The fourth quarter of 2024 was volatile for most asset classes against a backdrop of the US 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.
- 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 2015 Fund Gross Expense Ratio: 0.52%2 |
| -2.78% |
| 6.21% |
| 6.21% |
| 0.33% |
| 4.02% |
| 5.14% |
| Bloomberg US Aggregate Bond Index |
| -3.06% |
| 1.25% |
| 1.25% |
| -2.41% |
| -0.33% |
| 1.35% |
| Fidelity Freedom 2015 Composite Index |
| -2.12% |
| 6.81% |
| 6.81% |
| 0.63% |
| 4.01% |
| 5.15% |
| Morningstar Fund Target-Date 2015 |
| -1.92% |
| 7.18% |
| 7.18% |
| 0.93% |
| 4.28% |
| 4.83% |
| % Rank in Morningstar Category (1% = Best) |
| -- |
| -- |
| 83% |
| 85% |
| 69% |
| 27% |
| # of Funds in Morningstar Category |
| -- |
| -- |
| 111 |
| 101 |
| 91 |
| 50 |