Fidelity Advisor Sustainable Target Date 2030 Fund Class M is a target-date mutual fund designed to support retirement planning with a focus on sustainability. The fund’s primary purpose is to provide a diversified investment solution for individuals planning to retire around the year 2030, dynamically adjusting its asset allocation to balance growth and risk as the target date approaches. A distinguishing characteristic of this fund is its integration of environmental, social, and governance (ESG) considerations: at least 80% of its assets are invested in underlying Fidelity funds identified by the adviser as having proven or improving sustainability practices or positive ESG factors, including both equity and fixed income investments. The fund draws upon Fidelity’s proprietary sustainable investment research and combines this with a traditional target-date glide path to adjust exposure over time, aiming to meet long-term retirement objectives while reflecting the evolving sustainability landscape. It primarily impacts the retirement savings, asset allocation, and sustainable investing sectors, and is backed by one of the industry’s most established asset allocation research teams. As part of Fidelity’s broader commitment to responsible investing, this fund provides investors with an option to pursue retirement goals in a way that aligns with sustainability priorities without sacrificing the established principles of diversified portfolio construction.
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