Fidelity Freedom Blend 2040 Fund

Frequently Asked Questions About FHARX

What does FHARX invest in?

This fund aims for substantial overall returns until its designated retirement year. After that date, its main objective shifts to generating significant current income, with capital appreciation becoming a secondary focus. The portfolio primarily invests in a diverse array of underlying Fidelity mutual funds, including those concentrated in U.S. stocks, international equities, fixed-income instruments, and short-duration assets. The fund's adviser utilizes a flexible, neutral asset allocation strategy that evolves progressively. This strategy will eventually converge to an asset mix similar to the Fidelity Freedom® Blend Income Fund, a transition expected to occur approximately 10 to 19 years after 2040.

What is the expense ratio of FHARX?

Fidelity Freedom Blend 2040 Fund (FHARX) charges an expense ratio of 0.47%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FHARX?

Fidelity Freedom Blend 2040 Fund (FHARX) manages $5.43B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FHARX actively managed or an index fund?

FHARX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FHARX launched?

Fidelity Freedom Blend 2040 Fund (FHARX) launched in August 2018 and is managed by Fidelity.

How has FHARX performed?

FHARX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.