Fidelity Freedom is trading at 16.67 as of the 13th of December 2024; that is 0.77% down since the beginning of the trading day. The fund's open price was 16.8. Fidelity Freedom has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of November 2023 and ending today, the 13th of December 2024. Click here to learn more.
The fund invests in a combination of Fidelity U.S. equity Funds, international equity funds, bond funds, and short-term funds. The adviser allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom Income Fund, approximately 10 to 19 years after the year 2055.. More on Fidelity Freedom 2055
Fidelity Freedom 2055 [FCTKX] is traded in USA and was established 13th of December 2024. Fidelity Freedom is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Target-Date 2055 category and is part of Fidelity Investments family. This fund currently has accumulated 9.39 B in assets under management (AUM) with no minimum investment requirementsFidelity Freedom 2055 is currently producing year-to-date (YTD) return of 19.76% with the current yeild of 0.01%, while the total return for the last 3 years was 6.71%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Freedom 2055 Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Freedom 2055 Mutual Fund Constituents
Other Information on Investing in Fidelity Mutual Fund
Fidelity Freedom financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Freedom security.