On September 26, 2013, Fidelity issued a news release announcing the strategic asset allocation adjustments to its Freedom Funds – a series of target date funds.
Fidelity is increasing equity allocation to every vintage along the entire Freedom fund strategic glidepath.
The glidepath of Fidelity’s target date portfolios remains focused on accumulating assets for shareholders that, in considering certain assumptions, seeks to provide inflation-adjusted retirement income equal to approximately half of an investor’s final pre-retirement salary.
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