Fidelity Freedom Index 2035 Fund (FAVNX)

Overview

The investment strategy embraces a diversified approach, incorporating a mix of asset classes to target various indices. By investing in a broad range of Fidelity® U.S. equity funds, international equity funds, and bond funds, along with maintaining a presence in short-term funds, the fund aims to achieve a balanced and potentially lucrative investment portfolio for its investors. Each non-money market fund within the portfolio strives to mirror the total return of its respective benchmark index, offering a comprehensive investment solution that leverages Fidelity's expertise across different markets and asset classes.

Products and Services

• Fidelity® U.S. Equity Funds:

Designed to offer investors exposure to the U.S. stock market, these funds aim to replicate the performance of various U.S. equity indices. The goal is to tap into the growth potential of U.S. companies across different sectors, providing a solid foundation for the investment portfolio.

• International Equity Funds:

These funds extend the investment horizon beyond the U.S., aiming to capture the performance of global equity markets. By investing in a diverse range of international stocks, the fund seeks to benefit from global growth opportunities and diversify investment risks.

• Bond Funds:

Focusing on fixed-income securities, the bond funds aim to offer investors a stable income stream while mitigating investment risks. These funds invest in a variety of bonds, including government, corporate, and municipal bonds, striving to mirror the total returns of respective bond indices.

• Short-Term Funds:

Geared towards investors looking for lower-risk options, short-term funds invest in short-duration securities. While primarily aimed at preserving capital and providing liquidity, these funds can also offer a modest return, acting as a balancer within the investment portfolio.