Mutual Fund Insights: Fidelity Advisor Freedom 2040 B Fund (FBFFX)

In-depth Analysis of Fidelity Advisor Freedom 2040 B Fund (FBFFX)

3 months 6 months 1 year 3 year 5 year

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

  

Last Trade: $11.14 on 3/19/2010, Change: -0.07 (-0.62%)

  

Fund Manager - Jonathan Shelon

Fund Manager Tenure: 6.7 years
Fundmojo Fund Grade: E (Score: 0.39)     (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 B Fund (FBFFX)

Data for Fidelity Advisor Freedom 2040 B Fund (FBFFX) as of February 28, 2010

• Fidelity Advisor Freedom 2040 B Fund (FBFFX) management has been with Fidelity Advisor Freedom 2040 B Fund for 6.7 years
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) has good short-term performance (1-year return 54.89% vs 53.14 % Target Date 2036-2040 category average)
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) has good mid-term performance (3-year return -6.28% vs -5.59 % Target Date 2036-2040 category average)
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) ratio of up-years vs down years is greater than 2
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) 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 B management does not trade extensively for its return.

  

 What we are cautious about Fidelity Advisor Freedom 2040 B Fund (FBFFX)

Data for Fidelity Advisor Freedom 2040 B Fund (FBFFX) as of February 28, 2010

• Fidelity Advisor Freedom 2040 B 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 B Fund (FBFFX) has a less-than-ideal Long-term performance (5-year return 0.10% vs 0.79 % Target Date 2036-2040 category average)
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) has a Morningstar rating of 3 and below
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) is less safe compared to its Target Date 2036-2040 peers
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) does not have a good risk adjusted return as its 3-year Alpha of -5.99 is worse than category average of -5.34, and its 3-year Sharpe ratio is -0.29
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) is more volatile than its peers as it has a 3-year Standard Deviation of 21.02 that is higher than category average of 20.61
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) has a higher management fee of 1.00% than its Target Date 2036-2040 average of 0.64%
• Fidelity Advisor Freedom 2040 B Fund (FBFFX) carries a 5% load

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

  

  

Interested in other top mutual funds in similar Target Date 2036-2040 category?

Below are some additional Target Date 2036-2040 mutual funds generated out of our database

• See top fund managers for Target Date 2036-2040 Category Funds
• Browse other funds in Target Date 2036-2040 Category

  

Fidelity Advisor Freedom 2040 B Fund (FBFFX) Net Asset

Track net asset change of Fidelity Advisor Freedom 2040 B fund (FBFFX)

Date	Net Asset
02/2010	$1.11B
01/2010	$40.31M
11/2009	$40.88M

More historic net asset information on Fidelity Advisor Freedom 2040 B Fund (FBFFX)

  

Fidelity Advisor Freedom 2040 B Fund (FBFFX) Portfolio Allocation

Track portfolio allocation change of Fidelity Advisor Freedom 2040 B fund (FBFFX)

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 B Fund (FBFFX)

  

Most Recent Top 10 Holdings in Fidelity Advisor Freedom 2040 B Fund (FBFFX)

Discover what Fidelity Advisor Freedom 2040 B Fund (FBFFX) 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 B Fund (FBFFX)

  

Related books and products to Fidelity Advisor Freedom 2040 B Fund (FBFFX)

  

Latest News on Fidelity Advisor Freedom 2040 B (FBFFX)

See what is happening with Fidelity Advisor Freedom 2040 B Fund (FBFFX)

Yahoo! Finance: RSS feed not found See more news on Fidelity Advisor Freedom 2040 B Fund (FBFFX)

 

Books and Resources

 

 

See more information on Fidelity Advisor Freedom 2040 B Fund (FBFFX)

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