Fidelity Freedom 2010 K6

The Fidelity Freedom 2010 K6 (FOTKX) is an investment vehicle that allocates its capital across a range of other Fidelity-managed funds. These underlying investments include both U.S. and international stock funds, bond funds, and short-term holdings. The fund's portfolio is managed according to a predefined, evolving asset allocation strategy, commonly known as a "glide path," which progressively adjusts its holdings. This systematic rebalancing continues until its investment mix largely mirrors that of the Fidelity Freedom® Income Fund, a transition anticipated to occur approximately 10 to 19 years following 2010.