Fidelity Freedom 2040 (FFFFX)

This fund diversifies its investments across a range of Fidelity offerings, encompassing U.S. and international stock funds, bond funds, and short-term money market options. Its portfolio manager utilizes a predetermined, neutral asset allocation strategy, outlined in its accompanying glide path, which dynamically adjusts over time. This strategy's objective is to gradually transition the fund's holdings until they align with the allocation profile of the Fidelity Freedom Income Fund, a point expected to be reached approximately 10 to 19 years past the 2040 target year.