FIJKX

About FIJKX

Fidelity Advisor Freedom 2015 Fund - Class Z is a target-date mutual fund designed for investors planning to retire around the year 2015. Its primary purpose is to provide a high total return, with a secondary focus on preserving principal as the fund approaches its target date and the following years. The fund achieves this by employing a diversified, evolving asset allocation strategy—investing in a mix of underlying Fidelity domestic equity, international equity, bond, and short-term funds. As the target retirement year approaches and passes, the portfolio gradually shifts from higher-risk growth assets to more conservative, income-oriented investments, reflecting the changing needs and risk tolerance of investors nearing or in retirement. This approach aims to balance growth and stability, making the fund particularly significant for individuals and retirement plans seeking a managed, all-in-one solution for retirement asset accumulation and distribution in the years surrounding retirement. The fund’s role in the market centers on offering simplified diversification and professional management for retirement-minded investors.