Description

This investment product strives to achieve comprehensive returns until its designated target year, generating both current income and an increase in capital value. It accomplishes this by strategically allocating its holdings across a diverse portfolio of other Fidelity funds, encompassing U.S. and international stocks, bonds, and short-term instruments. This diversified structure is specifically designed to facilitate a steady withdrawal strategy for individuals funding their retirement. The portfolio's assets are managed by a neutral, predetermined asset allocation strategy.