FFIZX – Fidelity Freedom Index 2040 Instl Prem Investment Strategy | Morningstar

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Strategy

The investment seeks high total return until its target retirement date; thereafter the fund's objective will be to seek high current income and, as a secondary objective, capital appreciation. The fund invests in a combination of Fidelity® U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity ® funds), each of which (excluding any money market fund) seeks to provide investment results that correspond to the total return of a specific index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FBIFX	Fidelity Freedom Index 2040 Fund - Investor Class	No Load	Open			Oct 2, 2009	$4.34B	0.120%	Low	$0	$677.10M
FFIZX	Fidelity Freedom Index 2040 Fund - Institutional Premium Class	Institutional	Open			Jun 24, 2015	$15.56B	0.080%	Low	$5M	−$1.39B
FPIPX	Fidelity Freedom Index 2040 Fund - Premier Class	Institutional	Open			Jun 24, 2020	$4.76B	0.050%	Low	$2B	−$1.70B
FAVOX	Fidelity Freedom Index 2040 Fund - Premier II Class	Institutional	Open			Aug 22, 2024	$10.86B	0.040%	Low	$5B	$5.66B

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