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FXRNGX

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

Analysis and statistics

  • Open
    10.2823$
  • Previous Close
    10.2823$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol FXRNGX.US refers to Fidelity Freedom Target Date 2065 Fund. This is a mutual fund offered by Fidelity Investments designed for investors planning to retire around the year 2065. The fund operates as a "fund of funds," meaning it invests in a diversified portfolio of other Fidelity funds, primarily stock, bond, and short-term funds. The asset allocation within the fund gradually becomes more conservative over time as the target retirement date approaches, shifting from a higher allocation to stocks in its early years to a greater emphasis on bonds and other fixed-income investments as the target date nears, aiming to reduce risk as investors approach retirement.
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Factors

Exchange Rates: Fluctuations in the relative value of the US dollar versus other currencies impact FXRNGX.US, as it tracks foreign exchange rates.

Interest Rates: Central bank interest rate policies in the US and other countries influence currency valuations and thus FXRNGX.US performance.

Economic Data: Major economic releases, such as GDP growth, inflation figures, and employment reports, affect investor sentiment and currency markets, impacting FXRNGX.US.

Geopolitical Events: Global events, including political instability, trade wars, and international crises, create uncertainty and volatility in currency markets, influencing FXRNGX.US.

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