Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
Fidelity VIP Freedom 2025 Service 2
Release date as of 2025-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Fees and Expenses Taken from prospectus dated 2025-04-30  
Maximum Fees
Administrative ---
Management 0.00%
12b-1 ---
Actual Fees
12b-1 0.25%
Management 0.00%
Expense Ratio 0.25%
(taken from annual report dated 2024-12-31)
Total Annual Operating Expense 0.73%
Waiver Data
Type Date %
--- --- --- ---
  Management
Inception Date: 2005-04-26
Mngr Name Andrew J Dierdorf
Mngr Start Date 2011-06-30
Biography
Andrew Dierdorf is co-manager of each fund, which he has managed since October 2009 (other than Fidelity Freedom® Index 2055 Fund, Fidelity Freedom® Index 2060 Fund, and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2055 Fund since June 2011, Fidelity Freedom® Index 2060 Fund since August 2014, and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Dierdorf has worked as a portfolio manager.
Mngr Name Brett F. Sumsion
Mngr Start Date 2014-01-21
Biography
Brett Sumsion is co-manager of each fund, which he has managed since January 2014 (other than Fidelity Freedom® Index 2060 Fund and Fidelity Freedom® Index 2065 Fund). He has managed Fidelity Freedom® Index 2060 Fund since August 2014 and Fidelity Freedom® Index 2065 Fund since June 2019. He also manages other funds. Since joining Fidelity Investments in 2014, Mr. Sumsion has worked as a portfolio manager. Mr. Sumsion earned his bachelor of arts degree from Brigham Young University and his MBA from The Wharton School at the University of Pennsylvania. He is a CFA charterholder.
Mngr Name Finola McGuire Foley
Mngr Start Date 2025-04-30
Biography
Finola Foley is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. In this role Finola McGuire Foley is co-manager of each fund, which she has managed since June 2018 (other than Fidelity Freedom® Index 2065 Fund). She has managed Fidelity Freedom® Index 2065 Fund since June 2019. She also manages other funds. Since joining Fidelity Investments in 2003, Ms. Foley has worked as an assistant portfolio manager and portfolio manager Previously, Ms. Foley held various roles within Fidelity, including portfolio analyst and senior business analyst at Strategic Advisers LLC. She has been in the financial industry since joining Fidelity in 2005. Ms. Foley earned her BS in business information systems from University College Cork and her MBA in finance from Bentley University. She is a CFA charterholder.
Mngr Name Cait Dourney
Mngr Start Date 2025-04-30
Biography
Cait Dourney is a portfolio manager in the Global Asset Allocation (GAA) group at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. GAA is an investment team within Fidelity's Asset Management Solutions division, an investment organization that provides industry-leading multi-asset solutions to the retail and institutional marketplace. In this role, Ms. Dourney is a portfolio manager on the target date team, including Fidelity-managed 529 portfolios. Prior to assuming her current responsibilities, Ms. Dourney was a member of the asset allocation research team, which conducts fundamental and quantitative research to develop asset allocation recommendations for Fidelity’s portfolio managers and investment teams. AART generates insights on macroeconomic, policy, and financial market trends and their implications for strategic and active asset allocation. Ms. Dourney was the head of business cycle research, modeling the business cycle in the U.S. and other major economies. Ms. Dourney also co-managed the team’s active asset allocation pilot portfolio. Prior to joining Fidelity in 2014, she worked at Bank of New York Mellon in wealth management. She has been in the financial industry since 2013. Ms. Dourney earned her Bachelor of Arts in economics and French from Wake Forest University. She is also a CFA® charterholder and holds the Certified Business Economist (CBE) designation.
Investment Advisor(s)
Fidelity Management & Research Company LLC
Web Site
www.institutional.fidelity.com
Issuer
Fidelity Investments
Subadvisor(s)
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