FKHQYX

About FKHQYX

Fidelity Freedom Index 2045 Fund is a target-date mutual fund designed for individuals planning to retire around the year 2045. Its primary objective is to deliver high total return up to the target retirement date, with a shift in focus toward generating income and preserving capital as retirement draws near and thereafter. The fund achieves its investment aims by allocating assets across a diversified selection of underlying Fidelity index funds, covering domestic and international equities, bonds, and short-term instruments. This diversified strategy is dynamically adjusted—becoming more conservative as the target date approaches—following a predetermined "glide path" that reduces risk over time. The fund leverages Fidelity's index-based approach, cost efficiency, and disciplined asset allocation to help investors systematically prepare for retirement. Widely used in employer-sponsored retirement plans and individual accounts, the fund plays a significant role in helping participants save and invest with a long-term perspective tailored to their anticipated retirement timeline.