Fidelity Freedom 2045 Fund (FFFGX)
Fidelity Freedom 2045 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.82, up 0.56% on the session, giving a market capitalisation of $29.39B. Its beta of 1.25 implies it has historically moved more than the broad market.
This fund strategically allocates its holdings across diverse Fidelity investment vehicles, encompassing U.S. and international equity funds, bond funds, and short-term investments. The portfolio manager implements a predefined, neutral asset allocation strategy, illustrated in its evolving glide path, which modifies the fund's composition progressively. This dynamic approach leads to an allocation akin to the Fidelity Freedom Income Fund, with this transition projected to complete roughly 10 to 19 years beyond the year 2045.
Fidelity Freedom 2045 Fund is most often compared with the following Financial Services names: