FSWHX

About FSWHX

Fidelity Advisor Sustainable Target Date 2020 Fund – Class M is a mutual fund designed as a target-date allocation product, primarily focused on investors approaching or near retirement around the year 2020. Its primary function is to provide high current income, with capital appreciation as a secondary objective. The fund employs an actively managed strategy that allocates assets among underlying Fidelity funds, selecting those that prioritize environmental, social, and governance (ESG) considerations in their investment processes. Notably, the fund seeks to maintain a low carbon risk profile, evidenced by an asset-weighted Carbon Risk Score that reflects low exposure to carbon-related risks within its portfolio companies. This approach aims to balance the need for income and growth while adhering to sustainable investing principles. The fund has significance in the retirement planning market, serving investors who prefer a structured glide path toward lower risk as retirement approaches while emphasizing responsible investment practices aligned with sustainability goals.