MRVL - Fidelity Freedom 2065 Fund Q1 2025 Commentary
2025-05-07 11:50:00 ET
Summary
- Fidelity Freedom® Funds aim for high total return until retirement, then shift focus to high current income and capital appreciation.
- Q1 saw positive returns, driven by overweight in non-U.S. equities and underweight in U.S. equities, despite market uncertainties.
- Value-oriented funds outperformed, with notable contributions from Fidelity® Series Large Cap Stock Fund and Fidelity® Series International Value Fund.
- Growth-biased funds underperformed, particularly Fidelity® Series Growth Company Fund and Fidelity® Series Blue Chip Growth Fund, due to poor security selection in tech and financials.
PERFORMANCE SUMMARY
Cumulative |
Annualized |
3 Month |
YTD |
1 Year |
3 Year |
5 Year |
10 Year/ LOF 1 |
Fidelity Freedom 2065 Fund Gross Expense Ratio: 0.76% 2 |
0.00% |
0.00% |
5.34% |
6.23% |
14.28% |
9.49% |
-4.27% |
-4.27% |
8.25% |
9.06% |
18.59% |
13.70% |
Fidelity Freedom 2065 Composite Index |
-0.44% |
-0.44% |
6.55% |
5.85% |
13.39% |
9.06% |
Morningstar Fund Target-Date 2065+ |
-0.83% |
-0.83% |
5.48% |
6.03% |
14.04% |
-- |
% Rank in Morningstar Category (1% = Best) |
-- |
-- |
59% |
38% |
40% |
-- |
# of Funds in Morningstar Category |
-- |
-- |
185 |
147 |
62 |
-- |