Fidelity Advisor Freedom 2050 Fund

Shareclass
Fidelity Advisor Freedom 2050 A (FFFLX)
Type
Open-end mutual fund
Target date
Fidelity Advisor Freedom Series
Tobacco grade: Fund is invested in tobacco producers, below the threshold of 0.5%. Assigned a grade of C.
How we track tobacco investments
C
$17.68 MILLION
INVESTED IN TOBACCO
AND TOBACCO-PROMOTING
ENTERTAINMENT COMPANIES
Tobacco companies that produce or manufacture tobacco products
Tobacco producers
that produce or manufacture tobacco products
Entertainment companies that show smoking in movies marketed to kids
Tobacco-promoting entertainment companies
that show smoking in movies marketed to kids
18
holdings flagged
0.93%
of assets flagged
Tobacco companies
Tobacco companies
9 holdings
0.21% of assets
$4.06 MILLION invested
Tobacco-promoting entertainment companies
Tobacco-promoting entertainment companies
9 holdings
0.72% of assets
$13.62 MILLION invested
Why entertainment companies?
“R”-rating future movies with smoking will prevent one million tobacco deaths in this generation of U.S. kids. Hollywood studios and their parent companies, the nation’s best-known entertainment companies, are well aware of the public health risk, but continue to intentionally expose millions of kids.
Tell Hollywood to rate smoking “R”
Join our call to eliminate smoking from youth-rated movies
Take action
This fund contains
18 investments in tobacco producers and tobacco-promoting entertainment companies
Tobacco companies icon
Tobacco companies
9 HOLDINGS
9 holdings
  • 1. Philip Morris International Inc
    0.07% of portfolio
    $1.35M invested
  • 2. Imperial Brands PLC
    0.06% of portfolio
    $1.17M invested
  • 3. ITC Ltd
    0.06% of portfolio
    $1.16M invested
  • 4. KT&G Corp
    0.01% of portfolio
    $191,070 invested
  • 5. British American Tobacco PLC ADR
    <0.01% of portfolio
    $107,619 invested
See all
Tobacco-promoting entertainment companies icon
Tobacco-promoting entertainment companies
9 HOLDINGS
9 holdings
  • 1. Comcast Corp Class A
    0.41% of portfolio
    $7.83M invested
  • 2. The Walt Disney Co
    0.23% of portfolio
    $4.47M invested
  • 3. Sony Group Corp
    0.04% of portfolio
    $822,677 invested
  • 4. AT&T Inc
    0.03% of portfolio
    $491,154 invested
  • 5. Paramount Global Class B
    <0.01% of portfolio
    $5,098 invested
See all
Are entertainment companies rated the same as tobacco companies?
No - tobacco companies bear greater responsibility to the tobacco epidemic, and our grading methodology reflects this. However, the scientific consensus is that tobacco depictions in movies cause kids to begin smoking. Public health impacts can damage a company’s reputation and brand value, decreasing long-term shareholder value. Asset managers should be engaging entertainment companies by signing investor letters, supporting shareholder resolutions, or otherwise pressing entertainment companies to remove smoking from youth-rated movies.
Financial performance
Performance data provided byMorningstarFind more financial data on FFFLX at Morningstar.com
Current fund
FFFLX
Fidelity Advisor Freedom 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.68% less in annualized returns
Less invested in tobacco and tobacco-promoting entertainment companies 
0.75% less invested
Less invested in tobacco producers 
0.38% less invested
Less invested in tobacco-promoting entertainment companies 
0.36% less invested
Current fund
FFFLX
Fidelity Advisor Freedom 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.68% less in annualized returns
Less invested in tobacco and tobacco-promoting entertainment companies 
0.75% less invested
Less invested in tobacco producers 
0.38% less invested
Less invested in tobacco-promoting entertainment companies 
0.36% less invested
Current fund
FFFLX
Fidelity Advisor Freedom 2050 Fund
Family
Fidelity Investments
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.68% less in annualized returns
Less invested in tobacco and tobacco-promoting entertainment companies 
0.75% less invested
Less invested in tobacco producers 
0.38% less invested
Less invested in tobacco-promoting entertainment companies 
0.36% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Overall exposure
This fund
FFFLX - Fidelity Advisor Freedom 2050 Fund
24%
5.51%
9.77%
8.62%
0.93% 
Benchmark
IVV - iShares Core S&P 500 ETF
34%
11%
16%
13%
1.68% 
Fund compared to benchmark
 
-9.93%
-5.89%
-5.96%
-4.68%
0.75%  lower
Find more financial data on FFFLX at Morningstar.com
Take Action
Take action and sign our letter to the media companies
Find mutual funds that steer clear of tobacco
Talk to your retirement plan manager about tobacco-free investment options
Use FossilFreeFunds.org to see the climate impact of this fund
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco

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