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Fidelity Freedom 2040 (FFFFX)

9.49 Up 0.06(0.64%) Oct 30

Profile as of Sep 29, 2014Get Profile for:
Fidelity Freedom 2040
Fidelity Aberdeen Street Trust245 SUMMER STREETBOSTON DE 02210
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Phone: 800-544-6666
Fund Overview 
Category:Target Date 2036-2040
Fund Family:Fidelity Investments
Net Assets:6.89B
Year-to-Date Return:3.63%
Yield:1.32%
Morningstar Rating:3 stars
Fund Inception Date:Sep 6, 2000
Morningstar Style Box 
Target Date 2036-2040
[View Category Definition]
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About the Morningstar Style Box
Management Information 
Andrew F. Dierdorf
Lead Manager since Jun 30, 2011
Andrew Dierdorf is a portfolio manager in the Global Asset Allocation group at Fidelity Investments and is responsible for managing Fidelity’s target date portfolios, including the Pyramis Lifecycle portfolios. He is also a co-manager for the Four in One Index Fund, Global Strategies Fund, and Tactical Strategies Fund. Andrew earned his Bachelor of Science degree in statistics from the University of Delaware, where he also minored in economics. He is a Chartered Financial Analyst charterholder.
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:500
Min Initial Investment, AIP:2,500
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:200
FFFFX can be purchased from 91 brokerages.

Fund Summary 
The investment seeks high total return until its target retirement date. The fund invests in a combination of underlying Fidelity domestic equity funds, international equity funds, bond funds, and short-term funds. It uses an asset allocation strategy that becomes increasingly conservative until it reaches approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds (approximately 10 to 19 years after the year 2040).

Fund Operations 
Last Dividend (May 1, 2014) : 0.01
Last Cap Gain : 0.00
Annual Holdings Turnover (Oct 29, 2014) : 49.00%
Average for Category:21.10%
Fees & Expenses 
ExpenseFFFFXCategory Avg
Annual Report Expense Ratio (net):0.00%0.51%
Prospectus Net Expense Ratio:0.78%N/A
Prospectus Gross Expense Ratio:0.78%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.23%
Max Deferred Sales Load: N/A2.22%
3 Yr Expense Projection*:249740
5 Yr Expense Projection*:4331,455
10 Yr Expense Projection*:9662,536
* Per $10,000 invested