CICHY - Fidelity Freedom 2035 Fund Q4 2024 Review
2025-03-17 21:23:00 ET
Summary
- Fidelity Freedom® Funds are designed so that the target date referenced in the Fund name is the approximate year when investors expect to retire.
- 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.
- Active asset allocation positioning detracted from the Fund's relative return this quarter. An overweight position in non-U.S. equities hurt, as did an underweight in U.S. equities.
Performance Summary
| Cumulative |
| Annualized |
| 3 |
| 1 |
| 3 |
| 5 |
| 10 Year/ LOF1 |
| Month |
| YTD |
| Year |
| Year |
| Year |
| Fidelity Freedom 2035 Fund Gross Expense Ratio: 0.69%2 |
| -2.64% |
| 11.04% |
| 11.04% |
| 2.47% |
| 7.57% |
| 8.07% |
| S&P 500 Index |
| 2.41% |
| 25.02% |
| 25.02% |
| 8.94% |
| 14.53% |
| 13.10% |
| Fidelity Freedom 2035 Composite Index |
| -2.12% |
| 11.42% |
| 11.42% |
| 2.57% |
| 7.30% |
| 8.09% |
| Morningstar Fund Target-Date 2035 |
| -2.00% |
| 11.06% |
| 11.06% |
| 2.40% |
| 6.97% |
| 7.15% |
| % Rank in Morningstar Category (1% = Best) |
| -- |
| -- |
| 58% |
| 47% |
| 16% |
| 9% |
| # of Funds in Morningstar Category |
| -- |
| -- |
| 205 |
| 189 |
| 165 |
| 112 |