FDIFX

About FDIFX

Fidelity Advisor Freedom 2020 Fund – Class I is a target-date mutual fund designed primarily for investors planning to retire around the year 2020. This fund utilizes a diversified asset allocation strategy, investing in an evolving mix of underlying Fidelity mutual funds that include U.S. equities, international equities, bonds, and short-term instruments. Its primary objective is to deliver high total returns, with a secondary emphasis on preserving principal as it nears and moves beyond its target date. As the fund progresses past 2020, its allocation gradually becomes more conservative, emphasizing income and stability over growth to reflect the needs of retirees or those approaching retirement. Managed using Fidelity’s disciplined and research-driven process, the fund benefits from the firm’s broad investment expertise and rigorous risk management. Fidelity Advisor Freedom 2020 Fund – Class I plays a significant role in retirement planning by offering a convenient, professionally managed solution for investors seeking to simplify asset management as their financial goals and risk tolerances change with age.