Fidelity Freedom Income Fund Q1 2025 Commentary

(11min)

Summary

  • Fidelity Freedom Funds are designed so that the target date referenced in the Fund name is the approximate year when investors expect to retire.
  • Except for Fidelity Freedom Income Fund, each of the Funds seeks high total return until reaching its respective target retirement date; thereafter, each Fund's objective will be to seek high current income and, as a secondary objective, capital appreciation.
  • Uncertainty about the direction of U.S. policy weighed on markets in Q1, as investors digested news on tariffs, cuts to government programs, and tighter immigration policy.

Savings concept - Tiny piggy bank on pennies

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Investment Approach

  • Fidelity Freedom® Funds (the Funds) are designed so that the target date referenced in the Fund name is the approximate year when investors expect to retire.
  • Except for Fidelity Freedom® Income Fund, each of the Funds seeks

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Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.

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