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FCTRX

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1d
1w
1m

Analysis and statistics

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About

FCTRX.US represents Fidelity Freedom® 2040 Fund, a target date retirement fund offered by Fidelity Investments. These funds are designed to simplify retirement investing by automatically adjusting their asset allocation over time, becoming more conservative as the target retirement date (in this case, 2040) approaches. FCTRX primarily invests in a diversified mix of other Fidelity mutual funds, including stock, bond, and short-term funds, to provide a balanced portfolio suited for investors who plan to retire around the year 2040. The fund's asset allocation is actively managed to shift from a growth-oriented strategy early on to a more income-focused approach as retirement nears.
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Factors

Fund Performance: Strong historical returns often attract more investors, driving up the price. Conversely, poor performance can lead to outflows and price decreases. Market Conditions: Overall market trends, like bull or bear markets, significantly influence FCTRX.US. A rising market generally lifts fund prices. Interest Rates: Changes in interest rates impact bond values within the fund. Rising rates typically lower bond prices, potentially affecting the fund's net asset value. Fund Manager Expertise: The skills and decisions of the fund manager in selecting investments have a direct impact on the fund's performance and therefore its price. Expense Ratio: Higher expense ratios can reduce returns, making the fund less attractive and potentially impacting its price negatively compared to similar, lower-cost funds.

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