Fidelity Freedom 2020 Fund (FATKX)

This fund strategically deploys its capital across a diverse selection of Fidelity investment products, encompassing both domestic and international stock funds, bond funds, and money market instruments. Its investment adviser employs a predetermined asset allocation methodology, often termed a "glide path," which systematically adjusts the portfolio's composition over time. This dynamic approach is designed to gradually transition the fund until it attains an asset mix similar to that of the Fidelity Freedom Income Fund, a point anticipated to occur roughly 10 to 19 years after 2020.