About FFBSX
Fidelity Freedom Blend 2065 Fund is a target-date mutual fund designed for investors planning to retire near the year 2065. Its primary function is to provide a professionally managed, diversified investment solution that seeks high total returns during the years leading up to its target retirement date; after this point, the fund shifts its objective to seeking high current income, with capital appreciation as a secondary goal. The fund achieves diversification by investing predominantly in a blend of underlying Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds, ensuring broad market and sector exposure across domestic and global markets.
The fund’s asset allocation is strategically adjusted over time, becoming more conservative as the target date approaches and beyond, to help manage risk for investors as they near and enter retirement. It leverages Fidelity’s investment research and multi-manager approach, drawing on both active and passive underlying strategies. This structure is particularly suited for retirement accounts and workplace savings plans, offering a streamlined approach to managing retirement investments over the long term. The fund’s blend category, disciplined lifecycle management, and automatic rebalancing make it a core product in the target-date fund segment, supporting long-term retirement planning within the financial market.
Fund Family Fidelity
Category Target-Date 2065+
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FFBSX
Index S&P 500 TR
FFBSX had a total return of 17.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.05%.
