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FMXKX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    8.0685$
  • Previous Close
    8.0685$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FMXKX.US is the ticker symbol for the Fidelity Freedom® 2040 Fund. This fund is a target date fund, meaning its asset allocation is designed to become more conservative over time as it approaches its target retirement date of 2040. It's primarily invested in a mix of other Fidelity mutual funds, representing a diverse range of asset classes like stocks and bonds. The fund aims to provide a balance of growth and income, adjusting the allocation to reduce risk as the target date nears, ultimately focusing on generating income for retirees.
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Factors

Market Interest Rates: Rising interest rates can decrease the fund's value as bond yields become more attractive.

Credit Quality of Holdings: Downgrades in credit ratings of bonds held by the fund can lower its net asset value.

Economic Conditions: Economic downturns can increase credit risk and negatively impact bond prices.

Inflation Expectations: Higher inflation expectations often lead to higher bond yields, reducing bond fund values.

Fund Management Strategy: Investment decisions made by the fund managers impact fund performance.

Supply and Demand: High demand can raise prices; low demand can lower them.

Geopolitical Events: Global events that affect market sentiment or economic stability can influence fund pricing.

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