Fidelity Sustainable Target Date 2010 K6 is an actively managed target-date mutual fund designed for investors who approached or reached retirement around the year 2010. Its primary objective is to generate high current income, with capital appreciation as a secondary goal. The fund achieves this by investing in a diversified mix of asset classes, the allocation of which becomes more conservative over time, shifting toward more income-oriented and lower-risk investments as the target date passes. A distinguishing feature of this fund is its focus on sustainable investing, prioritizing securities that meet specific environmental, social, and governance (ESG) criteria. This approach aims to align financial objectives with those of investors seeking positive social and environmental impact. Managed by Fidelity Investments, the fund typically holds a range of equities and fixed income securities across sectors, reflecting the needs of individuals in retirement or those requiring capital preservation and income generation. As part of Fidelity’s suite of Sustainable Target Date funds, this asset plays a role in both personal retirement portfolios seeking ESG integration and the broader evolution of responsible investment strategies in the marketplace.
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