Fidelity Advisor Freedom Blend 2035 Fund - Class A is a target-date mutual fund designed for investors planning to retire around 2035. It pursues a high total return in the years leading up to the target date and shifts emphasis toward high current income thereafter, aligning with evolving retirement objectives. The fund employs a blend approach that combines actively managed and index strategies across U.S. and international equities, investment-grade and government bonds, and other diversifying assets, using Fidelity’s research platform and active asset-allocation to adjust exposures over intermediate horizons. Portfolio building blocks commonly include large-cap growth and value, emerging markets, international value and growth, and U.S. Treasury bond exposures, reflecting broad diversification and a glide path that becomes more conservative over time. The series is managed by Fidelity’s target-date team, which integrates fundamental and quantitative inputs from the firm’s asset allocation research to inform positioning. As part of Fidelity’s Advisor Freedom Blend lineup, the fund ultimately transitions toward an income-oriented profile beyond the target date and is expected to merge into the income vintage in the long term.
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