Description

This fund strategically invests in a broad selection of Fidelity-managed portfolios, including domestic and global equities, fixed-income instruments, and short-term assets. The advisor employs a neutral asset allocation strategy, which is dynamically adjusted over time according to a defined "glide path." This progressive adjustment aims to transition the fund's composition until it mirrors that of the Fidelity Freedom Income Fund, a process anticipated to conclude approximately 10 to 19 years after 2010.