Fidelity Freedom 2050 Fund

(FFFHX)
Buy/Trade
No Transaction Fee No Transaction Fee1
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YTD Performance as of 11/20/2008 -50.92%
1 Year* -40.55%
Life* -11.17%
NAV as of 11/20/2008 5.45
Morningstar Category Target-Date 2030+
12 Month Low-High $6.11-$12.13
Net Assets ($M) as of 10/31/2008 $622.57
Minimum to Invest2 $2,500.00 ($2,500.00 for IRA)
Transaction Fee (online) None
Expense Ratio 0.80%
* Performance as of 10/31/2008 | All performance data above is not load-adjusted.
 Additional performance data including quarter-end returns
 Detailed Quote

Performance & Volatility (FFFHX)

Average Annual Total Returns (%)

3 as of 10/31/2008   More information
FFFHX S&P 500 FID Freedom 2050 COMP
1 Year -40.55 -36.10 -37.44
Life -11.17 N/A N/A

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

Growth of Hypothetical $10,0004

Chart Details

Shows growth of a hypothetical $10,000 investment in Fidelity Freedom 2050 Fund over the selected time period.
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Composition (FFFHX)

Strategy

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Investing in a combination of underlying Fidelity equity, fixed-income, and short-term funds using a moderate asset allocation strategy designed for investors expecting to retire around the year 2050. Allocating assets among underlying Fidelity funds according to an asset allocation strategy that becomes increasingly conservative until it reaches 20% in domestic equity funds, 35% in investment-grade fixed-income funds, 5% in high yield fixed-income funds, and 40% in short-term funds (approximately 10 to 15 years after the year 2050). Ultimately, the fund will merge with Freedom Income Fund.

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Fund Manager

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Fund Manager(s): Chris Sharpe, Jonathan Shelon
  1. No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. See Expenses & Fees for more information.
  2. Minimum investment for SEP-IRAs or Keoghs is $500.
  3. Total returns include changes in share price and reinvestment of dividends and capital gains, if any. Quarter-end returns include the effect of any applicable recurring and non-recurring fees (including short-term trading fees or redemption fees).
  4. The chart illustrates the performance of a hypothetical $10,000 investment made in the fund ten years ago or on commencement of operations (whichever is later). Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

Before investing, consider the fund's investment objectives, risks, charges and expenses. Contact Fidelity for a prospectus containing this information. Read it carefully.