Fidelity Sustainable Target Date 2010 Fund is a target-date mutual fund designed to help investors plan for retirement around the year 2010. Its primary function is to provide a diversified investment solution that automatically adjusts its asset mix over time, becoming increasingly conservative as the target date approaches and beyond. The fund’s investment strategy emphasizes sustainability by primarily allocating assets to underlying funds with a focus on environmental, social, and governance (ESG) factors, utilizing Fidelity’s proprietary sustainable investment research and ESG ratings. As of the latest portfolio data, the fund is predominantly invested in bonds, especially U.S. investment-grade securities, along with allocations to U.S., developed international, and emerging market equities. This structure aims to balance growth and income while maintaining a sustainable profile. The fund plays a notable role for investors seeking a retirement-focused product that integrates sustainable investing principles into its long-term glide path, supporting both financial and responsible investing objectives within retirement portfolios.
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