About FSYFX
Fidelity Sustainable Target Date 2040 Fund Class K is a target-date mutual fund designed for investors planning to retire around 2040, aligning its asset mix to a glide path that gradually shifts from growth to preservation as the target year approaches. The strategy invests primarily through underlying Fidelity sustainable series funds, emphasizing environmental, social, and governance integration across U.S. equities, non‑U.S. developed markets, emerging markets, and core fixed income, with notable allocations to sustainable U.S. equities and non‑U.S. developed equities. The fund’s design seeks broad diversification across global stocks and bonds, including Treasury, investment‑grade, and inflation‑protected securities to balance long‑term growth with risk management over time. Fidelity reports that portfolio positioning and relative weights versus its composite index drive performance, with the fund measured against a blend reflecting its strategic allocations. Class K features institutionally oriented pricing, with reported costs cited in shareholder materials and an expense profile that is competitive within the target‑date peer group. Overall, the fund serves as a single‑fund, lifecycle solution incorporating sustainability considerations within a traditional target‑date framework.
Fund Family Fidelity
Category Target-Date 2040
Stock Exchange Nasdaq
Ticker Symbol FSYFX
Share Class Class K
Index Index is not provided by Management Company
FSYFX had a total return of 14.63% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.94%.
