This fund strategically allocates its capital across a diversified selection of Fidelity-managed products, including portfolios focused on U.S. stocks, global equities, fixed-income instruments, and short-term investments. The investment manager employs a predefined, neutral asset allocation strategy, illustrated by the provided glide path, which is engineered to evolve gradually over time. Ultimately, its asset composition is designed to converge with that of the Fidelity Freedom Income Fund, a state anticipated to be achieved roughly 10 to 19 years after 2045.