The Fidelity Advisor Freedom target-date series benefits from a robust asset-allocation team and research-intensive approach. A few underlying funds in this series differ from its sibling, Fidelity Freedom, but the lineup is stout, and the entire package stands as a compelling option for retirement savers. It earns a People rating of High, up from Above Average, driving upgrades to the Z6 and I share classes to Silver and Bronze, respectively. The Z shares remain Bronze and pricier A, C, and M shares remain Neutral.
Morningstar’s Fund Analysis FITHX
Will FITHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FITHX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FITHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FITHX’s parent organization’s priorities and whether they’re in line with investors’ interests.