FSZGX

About FSZGX

Fidelity Sustainable Target Date 2050 Fund – Class K6 is a target-date mutual fund designed to help investors accumulate assets in preparation for retirement around the year 2050. The fund primarily aims for high total return through a diversified portfolio that gradually transitions its asset allocation, moving from higher-risk growth investments to more income-focused holdings as the target retirement date approaches. Notably, the fund integrates sustainable investment principles, employing exclusion criteria to avoid issuers significantly involved in activities such as fossil fuels, controversial weapons, and other sectors deemed inconsistent with environmental, social, or governance (ESG) considerations. Key characteristics include broad exposure to both domestic and international equities, as well as a mix of fixed income instruments, with approximately half of its assets typically allocated to international and U.S. stocks. This strategy supports long-term growth while aligning with the increasing demand for sustainable investment solutions. The fund is managed by Fidelity Investments, which applies active oversight to both asset allocation and security selection, aiming to provide investors with both capital appreciation and income over the fund’s lifecycle.