Fidelity announced upcoming changes to the Fidelity Freedom Index target-date series’ strategic asset allocation on July 13, 2021. The changes focus on the series’ fixed-income exposure and build on the asset-allocation team’s prior adjustments implemented in 2018 and 2019 to improve diversification across the glide path. This glide path update does not affect our current ratings.
Will FFLDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FFLDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FFLDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FFLDX’s parent organization’s priorities and whether they’re in line with investors’ interests.