Mutual Fund Insights: Fidelity Advisor Freedom 2050 B Fund (FFFWX)

In-depth Analysis of Fidelity Advisor Freedom 2050 B Fund (FFFWX)

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See Fidelity Advisor Freedom 2050 B Fund (FFFWX) performance details as of February 28, 2010

  

Last Trade: $8.50 on 3/19/2010, Change: -0.06 (-0.7%)

  

Fund Manager - Jonathan Shelon

Fund Manager Tenure: 3.8 years   [Similar Funds: FFFHX  FFFLX  FFFPX  FFFQX  FFFYX ]
Fundmojo Fund Grade: C (Score: 0.54)     (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 2050 B Fund (FFFWX)

Data for Fidelity Advisor Freedom 2050 B Fund (FFFWX) as of February 28, 2010

• Fidelity Advisor Freedom 2050 B Fund (FFFWX) management has been with Fidelity Advisor Freedom 2050 B Fund for 3.8 years
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) has good short-term performance (1-year return 57.64% vs 55.14 % Target Date 2050+ category average)
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) has good mid-term performance (3-year return -6.92% vs -5.77 % Target Date 2050+ category average)
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) has an annual stock turnover rate of 16.00% vs Target Date 2050+ average of 37.90%. It is good that Fidelity Advisor Freedom 2050 B management does not trade extensively for its return.

  

 What we are cautious about Fidelity Advisor Freedom 2050 B Fund (FFFWX)

Data for Fidelity Advisor Freedom 2050 B Fund (FFFWX) as of February 28, 2010

• Fidelity Advisor Freedom 2050 B Fund is a focused fund with 86.63% 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 2050 B Fund (FFFWX) ratio of up-years vs down years can be improved
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) has a Morningstar rating of 3 and below
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) is less safe compared to its Target Date 2050+ peers
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) does not have a good risk adjusted return as its 3-year Alpha of -6.42 is worse than category average of -5.46, and its 3-year Sharpe ratio is -0.29
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) is more volatile than its peers as it has a 3-year Standard Deviation of 22.12 that is higher than category average of 20.96
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) has a higher management fee of 1.00% than its Target Date 2050+ average of 0.62%
• Fidelity Advisor Freedom 2050 B Fund (FFFWX) carries a 5% load

See Fidelity Advisor Freedom 2050 B Fund (FFFWX) performance details as of February 28, 2010

  

  

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Fidelity Advisor Freedom 2050 B Fund (FFFWX) Net Asset

Track net asset change of Fidelity Advisor Freedom 2050 B fund (FFFWX)

Date	Net Asset
02/2010	$217.72M
01/2010	$5.16M
11/2009	$5.12M

More historic net asset information on Fidelity Advisor Freedom 2050 B Fund (FFFWX)

  

Fidelity Advisor Freedom 2050 B Fund (FFFWX) Portfolio Allocation

Track portfolio allocation change of Fidelity Advisor Freedom 2050 B fund (FFFWX)

Date	Cash	Stock	Bond	Other
01/2010	1.6%	84.64%	8.77%	4.14%
10/2009	2.06%	87.85%	9.05%	1.04%
09/2009	1.69%	88.55%	8.95%	0.8%

Click here to see more historic asset allocation information on Fidelity Advisor Freedom 2050 B Fund (FFFWX)

  

Most Recent Top 10 Holdings in Fidelity Advisor Freedom 2050 B Fund (FFFWX)

Discover what Fidelity Advisor Freedom 2050 B Fund (FFFWX) manager is buying

31-Jan-10 Fidelity Series All-Sector Equity [13.14%] Fidelity Advisor High Income Advantage I [10.51%] Fidelity Advisor Growth & Income I [10.34%] Fidelity Advisor Large Cap I [9.61%] Fidelity Advisor Diversified Intl I [8.38%] Fidelity Advisor Overseas I [8.34%] Fidelity Series Large Cap Value [6.86%] Fidelity Advisor Equity Income I [6.81%] Fidelity Advisor Equity Growth I [6.67%] Fidelity Series 100 Index [5.97%]

31-Oct-09 Fidelity Series All-Sector Equity [13.88%] Fidelity Advisor Growth & Income I [10.95%] Fidelity Advisor High Income Advantage I [10.93%] Fidelity Advisor Large Cap I [9.58%] Fidelity Advisor Diversified Intl I [8.74%] Fidelity Advisor Overseas I [8.5%] Fidelity Advisor Equity Income I [8.13%] Fidelity Advisor Equity Growth I [6.96%] Fidelity Series Large Cap Value [6.36%] Fidelity Series 100 Index [5.91%]

30-Sep-09 Fidelity Series All-Sector Equity [14.02%] Fidelity Advisor Growth & Income I [10.89%] Fidelity Advisor High Income Advantage I [10.82%] Fidelity Advisor Large Cap I [10%] Fidelity Advisor Diversified Intl I [8.73%] Fidelity Advisor Overseas I [8.53%] Fidelity Advisor Equity Income I [8.41%] Fidelity Advisor Equity Growth I [7.18%] Fidelity Series Large Cap Value [6.33%] Fidelity Series 100 Index [5.37%]

Click here for Stock Holding Change Map in Fidelity Advisor Freedom 2050 B Fund (FFFWX)

  

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See more information on Fidelity Advisor Freedom 2050 B Fund (FFFWX)

• Fidelity Advisor Freedom 2050 B Fund Insights
• Fidelity Advisor Freedom 2050 B Fund Performance Data
• Fidelity Advisor Freedom 2050 B Fund News
• Fidelity Advisor Freedom 2050 B Fund Score Explaination
• Fidelity Advisor Freedom 2050 B Fund Manager Information
• Historic Fidelity Advisor Freedom 2050 B Fund Asset Allocation Report
• Historic Fidelity Advisor Freedom 2050 B Fund Top 10 Holding Tracking
• Historic Fidelity Advisor Freedom 2050 B Fund Asset Under Management Tracking