- What does FIOFX invest in?
- The investment seeks high total return until its target retirement date; thereafter the fund's objective will be to seek high current income and, as a secondary objective, capital appreciation. The fund invests in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds), each of which (excluding any money market fund) seeks to provide investment results that correspond to the total return of a specific index.
- What is the expense ratio of FIOFX?
- Fidelity Freedom Index 2045 Fund - Investor Class (FIOFX) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FIOFX?
- Fidelity Freedom Index 2045 Fund - Investor Class (FIOFX) manages $32.63B 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 FIOFX actively managed or an index fund?
- FIOFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FIOFX launched?
- Fidelity Freedom Index 2045 Fund - Investor Class (FIOFX) launched in October 2009 and is managed by Fidelity.
- How has FIOFX performed?
- FIOFX'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.
