Mutual Funds

About Fidelity Freedom Funds®

Fidelity Freedom Funds® — An All–in–One
Retirement Option

Fidelity Freedom Funds are lifecycle funds, offering a diversified set of mutual funds in a single fund, with the added benefit of professional asset allocation.

Pioneers in Dynamic Lifecycle Investing

The first Freedom Funds debuted in October 1996, and through 14 years of multiple market cycles, including up and down markets, they have been time–tested.

Through it all, our commitment to investors has not changed: to provide a disciplined and well–diversified approach to saving and investing for retirement.

Asset Allocation Made Easier

Fidelity Freedom funds have an asset allocation mix among a diversified mix of Fidelity mutual funds that invest in domestic equity funds, international equity funds, bond funds and short-term funds. The Freedom Funds maintain an asset allocation strategy that becomes more conservative over time as the funds reach and go beyond their target date. Keep in mind that the investment risk of each Freedom Fund changes along with the allocation mix.

Why is it important to monitor asset allocation? Asset allocation accounts for the vast majority of the variability in long–term returns.1

Benefits of Freedom Funds

Fidelity is an excellent choice for an all–in–one fund option:

  • Experience — Fidelity was one of the first mutual fund firms to launch lifecycle fund options specifically designed to meet retirement needs. The funds reflect Fidelity’s best investment ideas and are managed by an experienced investment team.
  • Confidence — With Freedom Funds your asset allocation mix is always targeted to the fund’s target date, and it adjusts as the fund moves closer to the target date and beyond.1
  • Ease — Monitor one fund instead of several.

The funds are subject to the volatility of the financial markets, including equity and fixed income investments in the U.S. and abroad and may be subject to risks associated with investing in high yield, small cap and foreign securities. Principal invested is not guaranteed at any time, including at or after their target date.

Next Steps

Fidelity Freedom Funds are managed by Strategic Advisers, Inc., a registered investment advisor and a Fidelity Investments company.

  1. Asset allocation does not ensure a profit or guarantee against a loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Invest Now
Fidelity Freedom Funds: Target Allocations for 3/31/2012
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2055 Fund, retirement date 2053-2057. Domestic Equity Funds 66%, International Equity Funds 24%, Bond Funds 10%, Short-Term Funds 0%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2050 Fund, retirement date 2048-2052. Domestic Equity Funds 64%, International Equity Funds 23%, Bond Funds 13%, Short-Term Funds 0%.
Target asset allocation through March 31, 2012, for the Fidelity Freedom 2045 Fund, retirement date 2043-2047. Domestic Equity Funds 62%, International Equity Funds 23%, Bond Funds 15%, Short-Term Funds 0%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2040 Fund, retirement date 2038-2042. Domestic Equity Funds 61%, International Equity Funds 22%, Bond Funds 17%, Short-Term Funds 0%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2035 Fund, retirement date 2033-2037. Domestic Equity Funds 60%, International Equity Funds 22%, Bond Funds 18%, Short-Term Funds 0%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2030 Fund, retirement date 2028-2032. Domestic Equity Funds 52%, International Equity Funds 19%, Bond Funds 29%, Short-Term Funds 0%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2025 Fund, retirement date 2023-2027. Domestic Equity Funds 50%, International Equity Funds 18%, Bond Funds 31%, Short-Term Funds <1%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2020 Fund, retirement date 2018-2022. Domestic Equity Funds 42%,International Equity Funds 15%, Bond Funds 37%, Short-Term Funds 6%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2015 Fund, retirement date 2013-2017. Domestic Equity Funds 37%,International Equity Funds 13%, Bond Funds 40%, Short-Term Funds 10%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2010 Fund, retirement date 2008-2012. Domestic Equity Funds 36%, International Equity Funds 13%, Bond Funds 40%, Short-Term Funds 12%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2005 Fund, retirement date 2003-2007. Domestic Equity Funds 28%, International Equity Funds 10%, Bond Funds 35%, Short-Term Funds 27%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom 2000 Fund, retirement date 1998-2002. Domestic Equity Funds 15%, International Equity Funds 5%, Bond Funds 40%, Short-Term Funds 40%.
Target asset allocation through March 31, 2012 for the Fidelity Freedom Income Fund, retirement date before 1998. Domestic Equity Funds 15%, International Equity Funds 5%, Bond Funds 40%, Short-Term Funds 40%.


This chart shows the target allocation of each Freedom Fund for 3/31/2012. Allocation percentages may not add up to 100% due to rounding and/or cash balances.

© 1998 – 2012 FMR LLC.

All rights reserved.