Fidelity Advisor Sustainable Target Date 2060 Fund Class A is a target-date mutual fund designed for individuals anticipating retirement around the year 2060. Its primary function is to provide investors with a dynamically rebalanced portfolio that aligns with a long-term retirement horizon, gradually transitioning from a growth-oriented asset mix to a more conservative allocation as the target date approaches. This fund uniquely integrates environmental, social, and governance (ESG) considerations into its investment process, selecting securities screened for sustainable practices. Managed by an experienced team at Fidelity, it invests across a broad range of asset classes, including domestic and international equities and fixed income. The fund is particularly notable for its role in helping investors seeking both long-term capital appreciation and alignment with sustainable investment principles. Positioned within the sustainable target-date segment, it contributes to the evolving landscape of retirement solutions that emphasize responsible investing while maintaining a focus on risk-adjusted returns throughout an investor’s lifecycle.
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