Fidelity Freedom Index 2060 Fund - Investor Class (FDKLX)
Fidelity Freedom Index 2060 Fund - Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $24.64, up 0.37% on the session, giving a market capitalisation of $15.39B. Its beta of 1.23 implies it has historically moved more than the broad market.
This investment vehicle is designed to achieve substantial overall growth until its predetermined retirement year. Once that date arrives, its primary goal shifts to generating significant current income, with capital appreciation becoming a secondary focus. The fund accomplishes this by investing in a diverse mix of other Fidelity-managed portfolios, including those focused on U.S. stocks, international stocks, bonds, and short-term holdings. Notably, nearly all of these underlying funds (excluding any money market funds) are structured to mirror the performance of a particular market index.
Fidelity Freedom Index 2060 Fund - Investor Class is most often compared with the following Financial Services names: