Fidelity Sustainable Target Date 2035 Fund is a target-date mutual fund designed for investors aiming to reach or enter retirement around 2035. It blends equities, fixed income, and short-term instruments through a glide path that gradually becomes more conservative as the target date approaches, seeking broad diversification and lifecycle risk management. The fund integrates environmental, social, and governance considerations into its portfolio construction, aligning holdings with sustainability criteria while maintaining exposure to core asset classes across U.S. and international markets. As a member of Fidelity’s sustainable target-date lineup, it emphasizes systematic asset allocation and cost transparency, with published expense metrics and portfolio data tracked by third-party research providers. The strategy’s role in the market is to provide a single-fund framework for long-term retirement savers who want an ESG-aware approach without managing rebalancing themselves, supported by institutional resources and ongoing oversight of the glide path and underlying holdings.
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