About FFWTX
Fidelity Freedom Index 2010 Fund Institutional Premium Class is a target-date mutual fund designed for investors approaching or in retirement around the year 2010. Its primary function is to provide a high total return until the target retirement date, after which the fund emphasizes producing high current income, while also seeking some capital appreciation. The fund achieves broad diversification by investing primarily in a mix of Fidelity index funds covering domestic and international equities, as well as various fixed income securities such as government, corporate, mortgage-backed, and inflation-protected bonds. Asset allocations are regularly adjusted to become more conservative over time, reflecting the changing risk profile appropriate for retirees. As part of the well-established Fidelity Freedom Index series, this fund benefits from Fidelity’s research capabilities and efficient implementation, featuring a notably low expense ratio. The Institutional Premium Class is tailored for large investors, offering both cost efficiency and robust exposure to global capital markets, making it a key component in retirement-focused investment portfolios seeking longevity and stable income generation.
Fund Family Fidelity
Category Target-Date 2000-2010
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FFWTX
Share Class Institutional Premium Class
Index Bloomberg U.S. Aggregate Bond TR
FFWTX had a total return of 8.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.10%.
