C000220382 Performance — Fidelity Freedom Index 2005 Fund, Premier Class
Data updated: 2024-06-14
C000220382 returned +6.08% over one year to Mar 2024. The annualised 3-year return is +0.53%. The fund trailed its Target-Date category average: $100 invested three years ago grew to $102, against $112 for the category, and to $106 over one year, against $116. Volatility over the past three years was 7.32% a year. In the 12 months to Mar 2024 the fund took in a net $1.2M, and assets reached $260.12M.
C000220382 Growth of $100
What $100 invested in Fidelity Freedom Index 2005 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | C000220382 | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $106 | $116 |
| 3 years (Apr 2021 – Mar 2024) | $102 | $112 |
| Since data start (Jul 2020 – Mar 2024) | $107 | $135 |
C000220382 Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.08% |
| 3 years (annualised) | +0.53% |
C000220382 Annual Returns
Calendar-year total returns of Fidelity Freedom Index 2005 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +1.35% |
| 2023 | +8.52% |
| 2022 | −11.46% |
| 2021 | +3.49% |
| 2020 (Jul–Dec) | +6.53% |
C000220382 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0% | +0.2% | +1.2% | — | — | — | — | — | — | — | — | — |
| 2023 | +3.4% | −1.9% | +2.3% | +0.6% | −0.8% | +1.0% | +0.7% | −0.8% | −2.2% | −1.2% | +4.3% | +3.3% |
| 2022 | −2.1% | −1.0% | −1.2% | −3.7% | +0.3% | −2.8% | +3.1% | −2.6% | −4.8% | +0.8% | +3.8% | −1.5% |
| 2021 | −0.4% | −0.3% | −0.1% | +1.6% | +0.4% | +0.8% | +0.9% | +0.5% | −1.5% | +1.3% | −0.3% | +0.6% |
| 2020 | — | — | — | — | — | — | +2.1% | +1.1% | −0.8% | −0.9% | +3.6% | +1.3% |
C000220382 Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 7.32%
- 3-year Sharpe ratio: -0.54 (vs 4.5% risk-free rate)
- Best month: +4.34% (Nov 2023)
- Worst month: −4.81% (Sep 2022)
C000220382 Fund Flows
Monthly money in and out of Fidelity Freedom Index 2005 Fund, from SEC Form N-PORT.
- 12-month net flow: $1.2M
- 12-month gross sales (incl. reinvestments): $86.7M
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $5.8M | $8.9M | −$3.1M |
| Feb 2024 | $4.4M | $6.4M | −$2.0M |
| Jan 2024 | $6.7M | $8.0M | −$1.2M |
| Dec 2023 | $13.4M | $8.4M | $5.0M |
| Nov 2023 | $14.2M | $12.6M | $1.7M |
| Oct 2023 | $5.0M | $6.9M | −$1.9M |
| Sep 2023 | $3.9M | $5.1M | −$1.2M |
| Aug 2023 | $6.3M | $6.6M | −$205K |
| Jul 2023 | $5.6M | $4.9M | $700K |
| Jun 2023 | $6.4M | $5.8M | $620K |
| May 2023 | $6.9M | $4.5M | $2.4M |
| Apr 2023 | $8.0M | $7.6M | $393K |
C000220382 Assets Under Management
Net assets of Fidelity Freedom Index 2005 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $260.12M |
| 2023-12-31 | $262.97M |
| 2023-09-30 | $249.12M |
| 2023-06-30 | $255.81M |
| 2023-03-31 | $251.31M |
| 2022-12-31 | $240.97M |
| 2022-09-30 | $233.42M |
| 2022-06-30 | $239.98M |
| 2022-03-31 | $255.77M |
| 2021-12-31 | $263.42M |
| 2021-09-30 | $272.27M |
| 2021-06-30 | $252.21M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.