FMREX

About FMREX

Fidelity Managed Retirement 2030 Fund – Class K is a target-date mutual fund designed to support investors approaching retirement around the year 2030. Its primary function is to provide a mix of income and long-term capital appreciation by dynamically allocating assets across a diversified portfolio of underlying Fidelity mutual funds. This allocation includes U.S. and international equity funds, various bond funds, and short-term investments to balance both growth potential and risk management as the target retirement date nears. The fund’s investment strategy is tailored to align with a withdrawal approach, aiming to generate consistent income for retirees while controlling risk. Notably, it features a relatively low carbon risk profile, reflecting an emphasis on sustainability among its underlying holdings. With approximately 34 different holdings, the fund serves a critical role in retirement planning by gradually shifting to more conservative investments as the target date approaches, addressing the evolving financial needs of investors nearing or in retirement.