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FFLQX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    10.3752$
  • Previous Close
    10.3752$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FFLQX.US represents Fidelity Freedom® 2060 Fund, a target date retirement fund managed by Fidelity Investments. This fund is designed for investors planning to retire around the year 2060. It follows a glide path strategy, gradually shifting its asset allocation from a higher proportion of stocks (for growth potential in early years) to a more conservative mix of stocks, bonds, and short-term investments as the target retirement date approaches, aiming to balance risk and return over time. The fund primarily invests in other Fidelity mutual funds representing various asset classes.
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Factors

Market Interest Rates: Rising interest rates generally decrease bond prices, leading to lower fund value.

Credit Risk: Downgrades or defaults of bonds in the fund lower its value.

Inflation Expectations: Higher inflation expectations erode bond values, affecting the fund's price negatively.

Fund Management Decisions: The manager's buying and selling choices influence fund performance.

Supply and Demand: High demand can raise the price, while high supply can lower it.

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