Fidelity Freedom 2040 K6

Frequently Asked Questions About FHTKX

What does FHTKX invest in?

This fund constructs a diversified portfolio by holding shares in various underlying Fidelity funds. These include portfolios focused on U.S. equities, international equities, fixed-income securities, and short-term investments. Its investment adviser implements a dynamic asset allocation strategy, often visualized as a "glide path." This strategy gradually shifts the fund's holdings over time, ultimately aiming to achieve an investment mix similar to that of the Fidelity Freedom Income Fund. This final, more conservative allocation is projected to be in place approximately 10 to 19 years after the year 2040.

What is the expense ratio of FHTKX?

Fidelity Freedom 2040 K6 (FHTKX) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FHTKX?

Fidelity Freedom 2040 K6 (FHTKX) manages $37.45B 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 FHTKX actively managed or an index fund?

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

When was FHTKX launched?

Fidelity Freedom 2040 K6 (FHTKX) launched in June 2017 and is managed by Fidelity.

How has FHTKX performed?

FHTKX'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.