FSVNX

About FSVNX

Fidelity Sustainable Target Date 2015 Fund is a mutual fund that combines a target-date investment approach with a focus on sustainability. It is specifically designed for individuals who retired around 2015 or plan to access their retirement savings soon thereafter. The fund seeks to provide a high total return until its target retirement date, at which point it transitions to prioritizing high current income with secondary emphasis on capital appreciation. Notably, it incorporates environmental, social, and governance (ESG) criteria by investing primarily in underlying sustainable funds, leveraging Fidelity's proprietary research and ESG ratings. The portfolio reflects a diversified allocation with a substantial emphasis on fixed income securities—about 63% of assets are in bonds, while the remainder covers U.S. and international equities. This allocation strategy aims to offer both stability and moderate growth potential for retirees. The fund plays a significant role for retirement-focused investors seeking both glide path management typical of target-date funds and an explicit commitment to sustainable investing principles.