FELSX

About FELSX

Fidelity Flex Freedom Blend 2025 Fund is a target-date mutual fund built as a fund-of-funds to align asset allocation with a 2025 retirement horizon. It pursues high total return through the target date by investing across Fidelity’s U.S. equity, international equity, bond, and short‑term strategies, then shifts its emphasis toward high current income thereafter while maintaining a secondary growth objective to support spending needs in retirement. The portfolio blends active and index underlying funds, offering diversified exposure to global stocks and core fixed income within a single vehicle designed for age‑65 retirement planning cohorts retiring around the 2025 milestone. As part of Fidelity’s Freedom Blend suite, the fund dynamically rebalances along a glide path that reduces equity exposure over time to moderate risk as investors transition from accumulation to income phases. Its role in the market is to provide a simplified, professionally managed allocation solution for retirement accounts, consolidating multi‑asset diversification, tactical adjustments, and ongoing risk management in one product.