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FTFNX

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1d
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Analysis and statistics

  • Open
    13.4819$
  • Previous Close
    13.4819$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

FTFNX.US represents the Fidelity Freedom 2060 Fund, a target date retirement fund offered by Fidelity Investments. These funds are designed to simplify retirement savings by automatically adjusting their asset allocation mix over time, becoming more conservative as the target retirement date (in this case, 2060) approaches. The fund primarily invests in a mix of other Fidelity mutual funds, including domestic and international stock funds, bond funds, and short-term investments, with the aim of providing a diversified portfolio that balances growth potential with risk management appropriate for investors nearing retirement around the year 2060.
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Factors

Fund Performance: Strong performance attracts investors, increasing demand and price.

Market Conditions: Broad market rallies boost fund value; downturns decrease it.

Interest Rates: Rising rates can decrease bond values, impacting the fund.

Inflation: Higher inflation erodes returns, possibly lowering the price.

Expense Ratio: Lower expenses make the fund more attractive to investors.

Fund Flows: Inflows increase demand, driving up price; outflows lower it.

Management Expertise: Skilled management can enhance returns and price.

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