FHJFX

About FHJFX

Fidelity Advisor Freedom Blend 2040 Fund - Class I is a target-date mutual fund structured to align with investors planning to retire around the year 2040. The fund primarily serves as an all-in-one retirement solution, dynamically adjusting its asset allocation over time to become more conservative as the target date approaches. It invests in a diversified mix of underlying Fidelity funds, including domestic and international equity funds, bond funds, and short-term funds. Some of these underlying funds are actively managed, while others track specific market indices, creating a blend of active and passive management strategies. The fund’s portfolio is periodically rebalanced to maintain a "neutral" allocation that shifts gradually from a higher equity exposure toward greater fixed-income and capital preservation post-2040. Fidelity Management & Research Company LLC actively monitors and may adjust allocations in response to market conditions. As of March 2025, the fund managed over $3.5 billion in assets, making it a notable option within the Target-Date 2040 category for investors seeking a professionally managed, age-appropriate glide path toward retirement.