What is fidelity freedom 2030 fund?

The Fund seeks high total return. Invests in a mix of Fidelity equity, fixed-income and money market funds using a moderate asset allocation strategy designed for investors expecting to retire around the year 2030. Are 401 (k) overseers doing their jobs? FFFEX | A complete Fidelity Freedom 2030 Fund mutual fund overview by MarketWatch.

How much money does fidelity invest in 2023?

As of November 27, 2023, the fund has assets totaling almost $29.66 billion invested in 42 different holdings. Its portfolio consists primarily of other Fidelity stock and bond funds.

What are fidelity's target-date retirement funds?

Fidelity markets its target-date retirement funds as the “Freedom Series," intending to conjure up images of freedom from work. This fund in the series is aimed at investors who expect to retire around 2030. Fidelity target-date funds took some heat in 2013 due to underperformance.