FTGKX

About FTGKX

Fidelity Sustainable Target Date 2060 Fund - Class K is a target-date mutual fund designed to help investors plan for retirement around the year 2060. The fund primarily seeks to provide high current income and, as a secondary goal, capital appreciation by investing at least 80% of its assets in other Fidelity funds that focus on sustainability and environmental, social, and governance (ESG) criteria. Its portfolio is broadly diversified, with substantial allocations to domestic equity funds, international equity funds, and a smaller portion dedicated to bond funds. Notably, as of March 2025, over 90% of its assets are in sustainable U.S. and non-U.S. equity markets, with a meaningful allocation also to emerging markets and a component in long-term Treasury bonds. The fund is structured to automatically adjust its asset allocation over time, moving towards more conservative investments as the target date approaches. Fidelity Sustainable Target Date 2060 Fund - Class K plays a significant role for investors seeking a long-term, professionally managed, and ESG-focused investment solution aligned with a future retirement objective.