Fidelity Freedom Index 2035 Fund - Premier II Class (FAVNX.US) Stock Analysis & Winston Score

Fidelity Freedom Index 2035 Fund is a target-date mutual fund managed by Fidelity Investments. It is designed for people who plan to retire around the year 2035. The fund invests in a mix of stock and bond index funds, automatically shifting to a more conservative allocation as 2035 gets closer. It is part of Fidelity's broader lineup of low-cost index-based retirement funds. The fund makes money by charging a small annual expense ratio on the assets investors hold in it. It is available to U.S. investors, primarily through workplace retirement plans like 401(k)s. Fidelity's scale and brand give it a competitive position in the crowded target-date fund market, where it competes mainly with Vanguard and BlackRock. The main risk is that poor stock or bond market performance close to the target date could significantly reduce the value of investors' savings right before they need them.