This fund, designed for a 2045 retirement, primarily aims to deliver substantial overall growth until its target date. After 2045, its strategy shifts to prioritize generating a significant current income, with capital appreciation becoming a secondary objective. To achieve these goals, it diversifies its investments across a selection of other Fidelity® funds, including those focused on U.S. and international equities, bonds, and short-term holdings. Most of these underlying Fidelity® funds are structured to mirror the total returns of specific market indexes.