Fidelity Freedom Index 2060 Fund (FFLEX) is a target-date mutual fund designed for investors planning to retire around the year 2060. It invests in a diversified portfolio of equity and fixed-income securities, gradually shifting its asset allocation to become more conservative as the target date approaches, primarily focusing on U.S. and international markets.
Financial ServicesAsset Managementmoderate - the fund has variable costs associated with management and operational expenses, but benefits from economies of scale as AUM increases.