FSWMX

About FSWMX

Fidelity Sustainable Target Date 2020 Fund Class K is a mutual fund designed as a target-date solution for investors approaching or in early retirement. Structured as a "fund of funds," it primarily seeks high total return until the target year of 2020; after this date, its objective shifts to prioritizing high current income with capital appreciation as a secondary goal. The fund invests in a diversified mix of underlying Fidelity funds, emphasizing those that incorporate positive environmental, social, and governance (ESG) characteristics, aligning with sustainability-focused investment principles. By dynamically adjusting its asset allocation over time, the fund balances risk and return to suit the evolving needs of investors nearing or past their target retirement date. Managed by Fidelity Investments, the strategy aims to offer a blend of growth and income across multiple asset classes, positioning itself within the allocation and mixed-asset target date categories. This approach supports investors who value both sustainable investing and age-appropriate portfolio diversification.