AZN - Fidelity Freedom 2030 Fund Q4 2024 Review
2025-03-17 20:49:00 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.
- 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 2030 Fund Gross Expense Ratio: 0.65%2 |
| -2.93% |
| 9.23% |
| 9.23% |
| 1.53% |
| 6.16% |
| 7.04% |
| S&P 500 Index |
| 2.41% |
| 25.02% |
| 25.02% |
| 8.94% |
| 14.53% |
| 13.10% |
| Fidelity Freedom 2030 Composite Index |
| -2.34% |
| 9.69% |
| 9.69% |
| 1.71% |
| 6.00% |
| 7.07% |
| Morningstar Fund Target-Date 2030 |
| -2.09% |
| 9.46% |
| 9.46% |
| 1.67% |
| 5.93% |
| 6.43% |
| % Rank in Morningstar Category (1% = Best) |
| -- |
| -- |
| 66% |
| 63% |
| 43% |
| 14% |
| # of Funds in Morningstar Category |
| -- |
| -- |
| 209 |
| 197 |
| 171 |
| 112 |