Fidelity Advisor Freedom Blend 2030 Fund – Class Z is a target-date mutual fund designed for investors approaching retirement around 2030. The fund pursues a diversified, multi-asset allocation that gradually shifts from growth-oriented assets toward more income and capital preservation as the target date nears, following Fidelity’s research-driven glide path. It combines actively managed underlying strategies with index exposures where markets are deemed more efficient, seeking a balanced approach to cost, diversification, and potential excess return. The portfolio spans U.S. and international equities, investment-grade and high-yield bonds, inflation-hedging assets, and short-term instruments, reflecting a lifetime investing framework intended to support retirement income needs. Management and asset allocation are overseen by Fidelity’s multi-asset team, leveraging a large global research platform and ongoing risk management. Class Z is part of the Fidelity Advisor Freedom Blend lineup and shares the same philosophy and underlying architecture as other share classes, differing primarily by fee and distribution structure.
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