CICHF - Fidelity Freedom 2020 Fund Q4 2024 Review
2025-03-17 07:02:00 ET
Summary
- 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 2020 Fund Gross Expense Ratio: 0.56%2 |
| -2.88% |
| 7.33% |
| 7.33% |
| 0.56% |
| 4.73% |
| 5.72% |
| Bloomberg US Aggregate Bond Index |
| -3.06% |
| 1.25% |
| 1.25% |
| -2.41% |
| -0.33% |
| 1.35% |
| Fidelity Freedom 2020 Composite Index |
| -2.34% |
| 7.78% |
| 7.78% |
| 0.78% |
| 4.64% |
| 5.72% |
| Morningstar Fund Target-Date 2020 |
| -1.99% |
| 7.75% |
| 7.75% |
| 1.03% |
| 4.52% |
| 5.22% |
| % Rank in Morningstar Category (1% = Best) |
| -- |
| -- |
| 65% |
| 83% |
| 44% |
| 16% |
| # of Funds in Morningstar Category |
| -- |
| -- |
| 143 |
| 132 |
| 122 |
| 74 |