FHCFX

About FHCFX

Fidelity Advisor Freedom Blend 2045 Fund Class I is a target-date mutual fund designed for investors who expect to retire around the year 2045. The fund’s primary objective is to seek a high total return until its designated retirement year, after which it shifts focus to producing high current income and, as a secondary goal, capital appreciation. To achieve this, the fund employs a diversified mix of underlying Fidelity mutual funds, including U.S. equity, international equity, bond, and short-term funds. The investment strategy dynamically adjusts the portfolio’s asset allocation, gradually becoming more conservative as the target retirement date approaches. This glide path aims to balance growth potential and risk management throughout an investor’s career and early retirement years. Managed by an experienced team and backed by Fidelity’s robust asset-allocation research, the fund integrates both active and passive investment approaches to optimize diversification and responsiveness to market conditions. It plays a central role in retirement planning, offering a simplified, professionally managed investment solution for individuals seeking long-term growth and income as they near and enter retirement.