GE - Fidelity Freedom 2035 Fund Q1 2025 Review
2025-05-07 11:15:00 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.
- 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.
- Among the underlying portfolios, non-U.S. equity portfolio managers, in aggregate, notably contributed to the fund's relative performance, as did U.S. investment-grade bond managers.
Investment Approach
- 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 2035 Fund Gross Expense Ratio: 0.69% 2 |
0.76% |
0.76% |
5.30% |
4.95% |
12.41% |
7.82% |
S&P 500 Index |
-4.27% |
-4.27% |
8.25% |
9.06% |
18.59% |
12.50% |
Fidelity Freedom 2035 Composite Index |
0.29% |
0.29% |
6.16% |
4.69% |
11.54% |
7.88% |
Morningstar Fund Target-Date 2035 |
0.24% |
0.24% |
5.50% |
4.56% |
11.14% |
6.94% |
% Rank in Morningstar Category (1% = Best) |
-- |
-- |
63% |
35% |
7% |
10% |
# of Funds in Morningstar Category |
-- |
-- |
195 |
180 |
156 |
105 |
1 Life of Fund (LOF) if performance is less than 10 years. Fund inception date: 11/06/2003. ...
Fidelity Freedom 2035 Fund Q1 2025 Review