Mutual Fund Insights: Fidelity Advisor Freedom 2040 A Fund (FAFFX)

In-depth Analysis of Fidelity Advisor Freedom 2040 A Fund (FAFFX)

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See Fidelity Advisor Freedom 2040 A Fund (FAFFX) performance details as of February 28, 2010

  

Last Trade: $11.25 on 3/19/2010, Change: -0.07 (-0.62%)

  

Fund Manager - Jonathan Shelon

Fund Manager Tenure: 6.7 years
Fundmojo Fund Grade: C (Score: 0.53)     (What does this score mean?)

Jonathan Shelon is a portfolio manager with Fidelity Investments, his employer since 2001. Prior to joining, Jonathan Shelon was a quantitative consultant at Callan Associates, Inc.  Get more insights on Jonathan Shelon

  

 What we like about Fidelity Advisor Freedom 2040 A Fund (FAFFX)

Data for Fidelity Advisor Freedom 2040 A Fund (FAFFX) as of February 28, 2010

• Fidelity Advisor Freedom 2040 A Fund (FAFFX) management has been with Fidelity Advisor Freedom 2040 A Fund for 6.7 years
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) has good short-term performance (1-year return 56.04% vs 53.14 % Target Date 2036-2040 category average)
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) has good Long-term performance (5-year return 0.85% vs 0.79 % Target Date 2036-2040 category average)
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) ratio of up-years vs down years is greater than 2
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) has an annual stock turnover rate of 18.00% vs Target Date 2036-2040 average of 38.17%. It is good that Fidelity Advisor Freedom 2040 A management does not trade extensively for its return.
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) has a lower management fee than its Target Date 2036-2040 average: 0.25% vs 0.64%

  

 What we are cautious about Fidelity Advisor Freedom 2040 A Fund (FAFFX)

Data for Fidelity Advisor Freedom 2040 A Fund (FAFFX) as of February 28, 2010

• Fidelity Advisor Freedom 2040 A Fund is a focused fund with 80.76% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) has a less-than-ideal mid-term performance (3-year return -5.58% vs -5.59 % Target Date 2036-2040 category average)
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) has a Morningstar rating of 3 and below
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) is more volatile than its peers as it has a 3-year Standard Deviation of 21.07 that is higher than category average of 20.61
• Fidelity Advisor Freedom 2040 A Fund (FAFFX) carries a 5.75% load

See Fidelity Advisor Freedom 2040 A Fund (FAFFX) performance details as of February 28, 2010

  

  

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Fidelity Advisor Freedom 2040 A Fund (FAFFX) Net Asset

Track net asset change of Fidelity Advisor Freedom 2040 A fund (FAFFX)

Date	Net Asset
02/2010	$1.11B
01/2010	$603.28M
11/2009	$579.41M

More historic net asset information on Fidelity Advisor Freedom 2040 A Fund (FAFFX)

  

Fidelity Advisor Freedom 2040 A Fund (FAFFX) Portfolio Allocation

Track portfolio allocation change of Fidelity Advisor Freedom 2040 A fund (FAFFX)

Date	Cash	Stock	Bond	Other
01/2010	2.33%	79.39%	13.62%	3.86%
10/2009	2.71%	82.59%	13.59%	1.12%
09/2009	2.1%	83.57%	13.09%	1.25%

Click here to see more historic asset allocation information on Fidelity Advisor Freedom 2040 A Fund (FAFFX)

  

Most Recent Top 10 Holdings in Fidelity Advisor Freedom 2040 A Fund (FAFFX)

Discover what Fidelity Advisor Freedom 2040 A Fund (FAFFX) manager is buying

31-Jan-10 Fidelity Series All-Sector Equity [12.56%] Fidelity Advisor Growth & Income I [9.92%] Fidelity Advisor High Income Advantage I [9.37%] Fidelity Advisor Large Cap I [9.24%] Fidelity Advisor Diversified Intl I [7.25%] Fidelity Advisor Overseas I [7.22%] Fidelity Advisor Equity Income I [6.66%] Fidelity Series Large Cap Value [6.48%] Fidelity Advisor Equity Growth I [6.38%] Fidelity Series 100 Index [5.68%]

31-Oct-09 Fidelity Series All-Sector Equity [12.96%] Fidelity Advisor Growth & Income I [10.62%] Fidelity Advisor High Income Advantage I [9.96%] Fidelity Advisor Large Cap I [9.62%] Fidelity Advisor Equity Income I [9.24%] Fidelity Advisor Diversified Intl I [7.47%] Fidelity Advisor Overseas I [7.33%] Fidelity Advisor Equity Growth I [6.64%] Fidelity Series Large Cap Value [5.47%] Fidelity Series 100 Index [5.46%]

30-Sep-09 Fidelity Series All-Sector Equity [13.09%] Fidelity Advisor Growth & Income I [10.7%] Fidelity Advisor Large Cap I [9.94%] Fidelity Advisor High Income Advantage I [9.91%] Fidelity Advisor Equity Income I [9.48%] Fidelity Advisor Diversified Intl I [7.51%] Fidelity Advisor Overseas I [7.44%] Fidelity Advisor Equity Growth I [6.85%] Fidelity Series Large Cap Value [5.41%] Fidelity Series 100 Index [5.12%]

Click here for Stock Holding Change Map in Fidelity Advisor Freedom 2040 A Fund (FAFFX)

  

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Latest News on Fidelity Advisor Freedom 2040 A (FAFFX)

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See more information on Fidelity Advisor Freedom 2040 A Fund (FAFFX)

• Fidelity Advisor Freedom 2040 A Fund Insights
• Fidelity Advisor Freedom 2040 A Fund Performance Data
• Fidelity Advisor Freedom 2040 A Fund News
• Fidelity Advisor Freedom 2040 A Fund Score Explaination
• Fidelity Advisor Freedom 2040 A Fund Manager Information
• Historic Fidelity Advisor Freedom 2040 A Fund Asset Allocation Report
• Historic Fidelity Advisor Freedom 2040 A Fund Top 10 Holding Tracking
• Historic Fidelity Advisor Freedom 2040 A Fund Asset Under Management Tracking