FSWDX

About FSWDX

Fidelity Sustainable Target Date 2020 Fund is a target-date mutual fund designed to support investors as they approach and move through retirement, with a target date of 2020. This fund’s primary objective is to provide high total return until its designated retirement year, transitioning after 2020 to focus on generating high current income, with capital appreciation as a secondary goal. The fund features an evolving asset allocation strategy, gradually shifting from growth-oriented investments to a more conservative mix as the target date is reached, and ultimately aligns with a sustainable income strategy post-retirement. A distinctive characteristic is its sustainability mandate: the fund invests primarily in underlying funds with an environmental, social, and governance (ESG) focus, aiming to promote responsible investing without sacrificing diversification or strategic allocation. Fidelity Sustainable Target Date 2020 Fund plays a foundational role for investors seeking long-term, professionally managed retirement solutions that integrate both lifecycle risk management and sustainability considerations, making it relevant for individuals and institutions prioritizing ESG principles in their retirement planning.