Fidelity Sustainable Target Date 2015 Fund – Class K is a target-date mutual fund designed to help investors transition into retirement with an emphasis on sustainability. The fund’s primary objective is to provide high current income, with capital appreciation as a secondary goal, making it suitable for individuals nearing or entering their retirement years. It accomplishes this by allocating at least 80% of its assets into a suite of underlying Fidelity funds that focus on companies and issuers exhibiting positive environmental, social, and governance (ESG) characteristics. This includes dedicated ESG strategies, index funds tracking ESG benchmarks, and government-related debt holdings selected for their sustainability attributes. The fund leverages Fidelity’s established asset allocation approach, offering broad diversification across equities and bonds, both domestically and internationally. Notably, the fund reflects Fidelity’s proprietary ESG research and draws on a robust in-house team dedicated to sustainable investment analysis. Fidelity Sustainable Target Date 2015 Fund – Class K serves an important role in the market for investors who wish to align their retirement savings strategy with responsible investing principles while benefiting from professional management and strategic allocation as they approach retirement.
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