FJANX

About FJANX

Fidelity Advisor Freedom Blend 2020 Fund Class M is a target-date mutual fund designed for investors near or in early retirement, aligning its asset mix with a 2020 retirement horizon. The fund pursues a diversified, glide path–based allocation across underlying Fidelity funds spanning U.S. equities, international equities, investment‑grade bonds, and short‑term instruments, blending active and index strategies to balance growth and income while moderating volatility as investors age. Its stated objective centers on total return, with greater emphasis on capital preservation as it moves beyond the target date. Managed by Fidelity’s multi‑asset team, the portfolio reflects ongoing tactical oversight and systematic rebalancing, using the Bloomberg U.S. Aggregate Bond Index and a Freedom 2020 composite as benchmarks for context. Positioned within the Target-Date 2020 Morningstar category, the fund serves as a single‑fund core solution for retirement accounts, aiming to simplify allocation and sequencing risk management through its integrated structure and evolving risk profile.