Fidelity Freedom 2005 (FFFVX)
Fidelity Freedom 2005 operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $11.20, down 0.09% on the session, giving a market capitalisation of $615.8M. Its beta of 0.37 implies it has historically moved less than the broad market.
This fund allocates its capital across a diverse portfolio of Fidelity investment vehicles, including U.S. stock funds, international equity funds (spanning both developed and emerging markets), fixed-income portfolios, and money market instruments. It employs a dynamic asset allocation strategy that gradually shifts towards a more conservative stance, eventually aligning its investment mix with that of the Fidelity Freedom® Income Fund. This target allocation, which the fund is expected to reach approximately 10 to 19 years after its 2005 inception date, consists of roughly 17% in American equities, 7% in global equities, 46% in bond holdings, and 30% in cash equivalents.
Fidelity Freedom 2005 is most often compared with the following Financial Services names: