About FKIFX
Fidelity Freedom Index 2010 Fund Investor Class is a target-date mutual fund designed for investors near or in retirement whose target year was 2010. Its primary objective is high total return before the target date and, thereafter, to seek high current income with capital appreciation as a secondary goal. The fund invests exclusively through underlying Fidelity index funds spanning U.S. equities, international equities, core and long-duration bonds, Treasury Inflation-Protected Securities across short and long maturities, and short-term Treasury bills, following a rules-based glide path that gradually shifts toward income-oriented assets over time. The portfolio’s neutral allocation continues to evolve for roughly a decade or more after the target year, ultimately aligning with a dedicated income allocation and potentially merging into the corresponding income fund. This index-based, fund-of-funds structure aims to deliver broad, low-cost market exposure and diversification across major asset classes, reflecting Fidelity’s retirement research framework and systematic rebalancing approach. The fund’s benchmark is a custom composite that blends key equity and fixed income indexes to mirror its changing mix of underlying holdings.
Fund Family Fidelity
Category Target-Date 2000-2010
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FKIFX
Share Class Investor Class
Index Bloomberg U.S. Aggregate Bond TR
FKIFX had a total return of 4.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.39%.
