Fidelity Freedom Index 2035 Fund - Investor Class (FIHFX) Fund Overview

Fidelity Freedom Index 2035 Fund - Investor Class (FIHFX) Financial Services Profile

Fidelity Freedom Index 2035 Fund - Investor Class (FIHFX) is a target-date fund within the asset management sector, offering a diversified portfolio of Fidelity funds to achieve high total return until 2035, transitioning to income and capital appreciation, with a focus on mirroring index performance.

What Is the Investment Thesis for FIHFX?

FIHFX presents a diversified investment vehicle for retirement savings, leveraging Fidelity's index-tracking funds. With a beta of 1.06, the fund exhibits market-correlated volatility. The fund's transition from growth to income post-2035 is a key consideration. The fund's performance is tied to the underlying Fidelity funds and their ability to track their respective indexes. Upcoming catalysts include continued asset allocation adjustments as the target date approaches. Potential risks include market volatility impacting underlying fund performance and changes in index methodologies affecting returns. With a market cap of $30.19B, FIHFX offers substantial scale and liquidity.

Based on FMP financials and quantitative analysis

FIHFX Key Highlights

Market Cap of $30.19B indicates substantial scale and liquidity within the target-date fund market.

• Beta of 1.06 suggests the fund's volatility is closely correlated with the overall market.
• The fund's investment strategy shifts from high total return to high current income after the 2035 target date.
• FIHFX invests in a diversified portfolio of underlying Fidelity funds, including U.S. equity, international equity, bond, and short-term funds.
• The fund aims to provide investment results that correspond to the total return of specific indexes, offering a passive investment approach.

Who Are FIHFX's Competitors?

FIHFX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are FIHFX's Key Strengths?

Strong brand recognition and reputation of Fidelity Investments.

• Diversified portfolio across various asset classes and geographic regions.
• Low-cost, index-tracking investment approach.
• Large asset base providing economies of scale.

What Are FIHFX's Weaknesses?

Performance is tied to the performance of underlying Fidelity funds.

• Limited flexibility in asset allocation compared to actively managed funds.
• Vulnerable to market volatility and fluctuations in index performance.
• No dividend yield.

What Are the Key Risks for FIHFX?

Market volatility impacting the performance of underlying equity and fixed-income funds.

• Changes in index methodologies affecting the fund's ability to track its target benchmarks.
• Increased competition from other target-date fund providers, leading to fee compression.
• Regulatory changes affecting the asset management industry and target-date fund regulations.
• Interest rate hikes impacting bond values within the portfolio.

What Are FIHFX's Competitive Advantages?

• Brand recognition: Fidelity is a well-established and trusted brand in the asset management industry.
• Scale: The fund's large asset base provides economies of scale and cost advantages.
• Diversification: The fund offers a diversified portfolio across various asset classes and geographic regions.
• Index-tracking approach: The fund's passive investment strategy provides transparency and low costs.

What Does FIHFX Do?

Fidelity Freedom Index 2035 Fund - Investor Class (FIHFX) is a target-date fund managed by Fidelity Investments. The fund's primary objective is to seek high total return until its target retirement date of 2035. After 2035, the fund's investment strategy will shift to seeking high current income, with capital appreciation as a secondary objective. The fund achieves its objectives by investing in a combination of underlying Fidelity funds, including U.S. equity funds, international equity funds, bond funds, and short-term funds. Each of these underlying funds (excluding any money market fund) aims to provide investment results that correspond to the total return of a specific index. This approach allows the fund to offer a diversified portfolio across various asset classes and geographic regions, providing investors with a convenient and potentially cost-effective way to save for retirement. The fund's investment strategy is designed to become more conservative as it approaches its target retirement date, gradually shifting from a higher allocation to equities to a greater emphasis on fixed-income investments. This shift is intended to reduce the fund's overall risk profile as investors near retirement. As of 2026, the fund continues to execute its investment strategy, adjusting its asset allocation based on its proximity to the target date and prevailing market conditions.

What Products and Services Does FIHFX Offer?

• Invests in a combination of Fidelity U.S. equity funds.
• Invests in international equity funds.
• Invests in bond funds.
• Invests in short-term funds.
• Seeks high total return until the target retirement date of 2035.
• Seeks high current income after the target retirement date.
• Seeks capital appreciation as a secondary objective after the target retirement date.
• Provides a diversified portfolio across various asset classes and geographic regions.

How Does FIHFX Make Money?

• Generates revenue through management fees charged on assets under management (AUM).
• Fees are calculated as a percentage of the fund's net asset value.
• The fund's profitability is directly correlated to its AUM and the performance of its underlying investments.

What Industry Does FIHFX Operate In?

FIHFX operates within the asset management industry, specifically in the target-date fund segment. This segment has experienced significant growth as investors seek convenient, diversified retirement savings solutions. The competitive landscape includes other target-date funds from various asset managers. Market trends include increasing demand for low-cost, passively managed investment options. FIHFX differentiates itself through its exclusive use of Fidelity's index-tracking funds, offering investors exposure to a broad range of asset classes and geographic regions.

Who Are FIHFX's Key Customers?

• Individual investors saving for retirement.
• Participants in employer-sponsored retirement plans, such as 401(k)s.
• Financial advisors seeking diversified investment solutions for their clients.
• Institutions looking for target-date fund exposure.

FIHFX Financials

FIHFX Latest News

No recent news available for FIHFX.

FIHFX Analyst Consensus

FIHFX MoonshotScore

Fidelity Freedom Index 2035 Fund - Investor Class Financials Stock: Key Questions Answered

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources