Fidelity Advisor Freedom 2015 Fund - Class A is a target-date mutual fund designed for investors who reached or are near their 2015 retirement horizon, emphasizing a balance of income and capital preservation as it ages. The fund pursues high total return with a secondary objective of preserving principal as it transitions to a conservative allocation beyond the target date. It invests primarily in a diversified mix of underlying Fidelity funds spanning U.S. equities, international equities, investment-grade bonds, inflation-protected securities, short-term instruments, and cash equivalents, using a preset glide path that reduces equity exposure over time. Oversight is provided by Fidelity’s asset-allocation team, drawing on research and specialist underlying strategies to manage risk and opportunity across markets. The fund’s benchmark is the Bloomberg U.S. Aggregate Bond Index, with a secondary composite benchmark tailored to its target-date profile. Within the Target-Date 2015 category, it serves investors seeking a professionally managed, multi-asset solution focused on income generation and stability in the post-retirement phase.
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