FSUOX

About FSUOX

Fidelity Sustainable Target Date Income Fund Class K is an actively managed target-date retirement mutual fund that focuses on sustainable investing principles. The fund aims to deliver a diversified retirement income solution by allocating assets across multiple investments, seeking both growth and income with a sustainability overlay. Its investment strategy incorporates environmental, social, and governance (ESG) considerations, integrating these factors into the selection process for underlying holdings. The fund’s asset allocation gradually shifts to become more conservative over time, prioritizing income generation and risk management as investors approach and enter retirement. Launched in 2023, this fund is part of a broader suite of Fidelity’s sustainable target-date offerings and is structured to support long-term retirement goals while emphasizing responsible investment practices. The fund's design serves individuals seeking retirement income solutions that align with their values in sustainability, and it holds significance in the market as one of the newer entrants in the growing landscape of ESG-focused retirement products.