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FFOLX

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1d
1w
1m

Analysis and statistics

  • Open
    28.976$
  • Previous Close
    28.976$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FFOLX.US represents the Fidelity Freedom® 2040 Fund, a target date fund offered by Fidelity Investments. These funds are designed for investors planning to retire around the year 2040. The fund operates on a glide path, gradually shifting its asset allocation from a more aggressive mix of stocks and bonds to a more conservative one as the target retirement date approaches. The goal is to provide growth potential early on and then prioritize capital preservation closer to retirement. The fund primarily invests in other Fidelity mutual funds representing a diverse portfolio of stocks, bonds, and short-term investments.
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Factors

[Net Asset Value (NAV)]: The primary driver; it reflects the market value of the fund's underlying holdings (stocks, bonds, etc.) minus liabilities, divided by outstanding shares.

[Market Sentiment]: Investor optimism or pessimism can influence demand, causing slight deviations from NAV.

[Interest Rates]: Rising rates can negatively impact bond values within the fund, especially those with longer maturities.

[Economic Conditions]: A strong economy typically boosts stock prices; a weak economy can depress them.

[Fund Manager's Decisions]: The fund manager's investment choices and strategies directly impact portfolio performance.

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