Fidelity Freedom Index Income Fund - Investor Class · NASDAQ:FIKFX
Fidelity Freedom Index Income Fund - Investor Class — Fidelity Investments — Investor Presentation (July 2026)
45 slides from Fidelity Freedom Index Income Fund - Investor Class's investor presentation, July 2026
Slide 1: Index Investing with Fidelity
Index Investing with Fidelity Q2 2026 Not FDIC Insured May Lose Value No Bank Guarantee For institutional use only. l © 2026 FMR LLC. All rights reserved.
Slide 2: Index Investing with Fidelity
Index Investing with Fidelity 1. Overview 2. Investment philosophy 3. Offerings 4. Equity and specialty 5. Fixed income 6. Index fund performance summary 7. Securities lending 8. Appendix 9. Important information See Important Information for a discussion of performance data, some of the principal r
Slide 3: Why Fidelity for Index?
Why Fidelity for Index? Broad Range Index Fund Low of Market Management Cost and Index Expertise Exposures Some of the most Fidelity’s lineup Fidelity is the competitively offers investors second largest priced mutual access to all core index mutual fund funds and pools in asset class provider in th
Slide 4: Fidelity Index Funds investment philosophy
Fidelity Index Funds investment philosophy Fidelity seeks to provide investors with low-cost portfolios that tightly track their benchmarks by focusing on data integrity and employing state-of-the-art trading and risk management tools. Tracking Error Work to achieve the lowest possible tracking erro
Slide 5: Fidelity Index Mutual Fund spectrum
Fidelity Index Mutual Fund spectrum Spanning all core asset classes Fidelity offers a suite of index mutual funds that covers multiple asset classes and market caps across domestic and international equity, fixed income, and real estate. Domestic Equity International Equity Asset Allocation Advisor:
Slide 6: Index Pools offered through Fidelity
Index Pools offered through Fidelity Spanning all core asset classes Fidelity offers a full lineup of asset allocation and fixed income pools and also distributes a suite of equity and international equity pools from investment manager Geode Capital Management Trust Company, LLC. Domestic Equity Int
Slide 7: Equity and Specialty Index Investment Team
Equity and Specialty Index Investment Team For institutional use only.
Slide 8: Geode Capital Management
Geode Capital Management We are an independent, institutional asset manager providing global exposures Focused on managing passive Disciplined and systematic Tenured investment team building blocks investment framework alongside robust infrastructure Over 20 Years delivering passive $2.3T AUM across
Slide 9: Geode Global Assets Under Management
Geode Global Assets Under Management We manufacture passive building blocks for clients and partners worldwide $1,596B $374B $290B $15B Firm Asset Breakdown Domestic Equity International Equity Factor &Thematic Commodities Options Number of 36 54 95 6 2 Accounts $2.27T • S&P 500 • EAFE • ACWI Qualit
Slide 10: Experienced Portfolio Management
Experienced Portfolio Management Driven by tenured and specialized investment professionals Tim Estella Chief Investment Officer Commodity & Options Team Equity Index Portfolio Team Trading Team Portfolio Managers: Portfolio Managers: Average Industry Experience - 20 years Average Industry Experienc
Slide 11: Geode's Equity Index Investment Process
Geode’s Equity Index Investment Process A disciplined, precise approach which has managed through various market conditions for over two decades 1. Portfolio Analysis 2. Portfolio Construction • Portfolios are reviewed every day to analyze • Portfolio managers determine optimal approach positions ve
Slide 12: Disciplined investment process
Disciplined investment process Index investing is frequently referred to as “passive” indexing, however Index fund management is a hands-on process Cash Corporate Index BEGINNING OF THE DAY PORTFOLIO Flow Actions Changes • PM reviews exposures and active risk 1. Prior day performance of portfolio ve
Slide 13: Corporate action management case study
Corporate action management case study Implementing an offer strategy 26 KVUE Price History 25 8/24: S&P Indexes KVUE Stock Price ($) add KVUE at the 24 8/23: Russell Indexes close add KVUE at the close 23 7/24: JNJ announces exchange offer for KVUE 8/18: JNJ announces effective 8/21: Tendered JNJ 2
Slide 14: Geode Risk Roles & Responsibilities
Geode Risk Roles & Responsibilities Risk Management roles and responsibilities report directly to our Senior Management Team 1 First Line Risk Ownership 2 Second Line Risk Oversight 3 Third Line Independent Assurance Investment Management Risk Management Compliance Internal Audit • Full ownership of
Slide 15: Sources of Risk Versus a Benchmark Index
Sources of Risk Versus a Benchmark Index Controllable and non-controllable attribution items Attribution Item Attribution Category Within our control? Cash Drag (+/-) Residual unexposed cash in the portfolio, typically minimal Implementation Costs Trade Slippage (+/-) Trade execution price relat
Slide 16: Fund lineup: Domestic Equity
Fund lineup Domestic Equity Gross/Net Funds Index Ticker Expense Ratio Approach DOMESTIC EQUITY Fidelity 500 Index Fund S&P 500® FXAIX 0.015% Replicated Fidelity Extended Market Index Fund DJ U.S. Completion Total Stock Market FSMAX 0.035% Optimized Fidelity Large Cap Growth Index Fund Russell 1000®
Slide 17: Fund lineup: International and Specialty Equity
Fund lineup International and Specialty Equity Gross/Net Funds Index Ticker Approach Expense Ratio INTERNATIONAL EQUITY ® Fidelity Emerging Markets Index Fund MSCI Emerging Markets FPADX 0.075% Optimized Fidelity Global ex U.S. Index Fund MSCI ACWI ex U.S.A FSGGX 0.055% Optimized ® Fidelity Internat
Slide 18: Pool lineup: Equity
Pool lineup Equity FEE SCHEDULE / EXPENSE RATIO (Gross/Net) Pools Index Class C* Class D Class E Class F Class G DOMESTIC EQUITY >$50M $500M-$1B >$1B >$2B >$5B ® SpartanSM 500 Index Pool S&P 500 0.0100% 0.0085% 0.0075% 0.0065% 0.0050% Dow Jones U.S. Completion Spartan Extended Market Index Pool 0.02
Slide 19: Pool lineup: Equity
Pool lineup Equity FEE SCHEDULE / EXPENSE RATIO (Gross/Net) Pools Index Class C* Class D Class E Class F Class G INTERNATIONAL EQUITY >$50M $500M-$1B >$1B >$2B >$5B Spartan Developed International Index Pool MSCI World ex U.S.A 0.0400% 0.0350% 0.0300% 0.0275% 0.0250% ® Spartan Emerging Markets Index
Slide 20: Fixed Income Index Investment Team
Fixed Income Index Investment Team For institutional use only.
Slide 21: Fidelity Asset Management
Fidelity Asset Management Over 50 years of experience serving fixed income clients worldwide History People Assets Global Investment Fidelity Total Discretionary Fidelity founded in 1946 1,072 $7.8T Professionals: Assets: Fixed Income Fixed Income Assets: $2,686.5B Fidelity has been managing Fixed I
Slide 22: Depth and breadth of resources
Depth and breadth of resources Dedicated resources support the investment process PORTFOLIO Active High Personal Bond Limited Money Credit/LDI Global Securitized Municipal Passive MANAGEMENT Diversified1 Income Management Term Market2 Discretionary Assets $2,686.5B $285.8B $28.5B $25.5B $71.3B $58.7
Slide 23: Fidelity Fixed Income Index Team
Fidelity Fixed Income Index Team Fidelity’s dedicated investment professionals have years of experience investing across fixed income sectors. Investment Grade Passive Started Investing 1971 1990 Dedicated Resources EXPERIENCE Team Member Role Industry Fidelity Brandon Bettencourt, CFA Portfolio Man
Slide 24: Fidelity Fixed Income Index Strategies
Fidelity Fixed Income Index Strategies Investment approach will vary with mandate Full Replication Optimization Replication strategies vary U.S. Multisector TIPS Index Treasury Index Global Bond FIXED INCOME U.S. Treasury, INDEX PLATFORM U.S. Agency, Global Bond, Key Sectors U.S. TIPS U.S. Treasury
Slide 25: Investment process
Investment process Portfolio construction at Fidelity Investments Philosophy Seeks to provide investment results that correspond to the aggregate price and interest performance of the debt securities in a corresponding benchmark index. Investment For each index portfolio, we strive to minimize the e
Slide 26: Investment process
Investment process Research and trading at Fidelity Investments Over 13,500 Over 8,000 Leverage Utilize securities corporate issues Fidelity’s credit research and stratified in the Bloomberg U.S. in the benchmark trading capabilities sampling Aggregate Bond Index Full replication is not practical in
Slide 27: Fund lineup: Fixed income
Fund lineup Fixed income Expense Ratio Funds Index Ticker (Gross/Net) FIXED INCOME Bloomberg Global Aggregate Fidelity International Bond Index Fund FBIIX 0.060% ex-USD Float Adjusted RIC Diversified Fidelity Inflation-Protected Bond Index Fund Bloomberg U.S. TIPS FIPDX 0.050% Fidelity Intermediate
Slide 28: Pool lineup: Fixed income
Pool lineup Fixed income FEE SCHEDULE / EXPENSE RATIO (Gross/Net) Pools Index Class D Class E Class F Class G FIXED INCOME $50M-$500M $500M-$1B $1B-$2B >$2B FIAM U.S. Bond Index Pool Bloomberg U.S. Aggregate Bond 0.020% 0.015% 0.010% 0.0075% FIAM Intermediate Inflation-Protected Bond Index Pool Bloo
Slide 29: Performance summary
Performance summary For institutional use only.
Slide 30: Domestic Equity Index Mutual Funds
Domestic Equity Index Mutual Funds Performance as of June 30, 2026 3-Year Gross Cumulative Cumulative Inception Average Annual Total Returns (%) 1-Year 3-Year 5-Year 10-Year Life-of-Fund Tracking Expense 3-Month YTD Date Error Ratio Fidelity 500 Index Fund 15.20 10.20 22.31 20.60 13.39 15.49 11.34 0
Slide 31: Domestic Equity Index Mutual Funds
Domestic Equity Index Mutual Funds Performance as of June 30, 2026 3-Year Gross Cumulative Cumulative Inception Average Annual Total Returns (%) 1-Year 3-Year 5-Year 10-Year Life-of-Fund Tracking Expense 3-Month YTD Date Error Ratio Fidelity Nasdaq Composite Index Fund 21.66 13.15 29.52 24.84 13.52
Slide 32: International Equity Index Mutual Funds
International Equity Index Mutual Funds Performance as of June 30, 2026 3-Year Gross Cumulative Cumulative Inception Average Annual Total Returns (%) 1-Year 3-Year 5-Year 10-Year Life-of-Fund Tracking Expense 3-Month YTD Date Error Ratio Fidelity International Index Fund 9.04 10.08 20.46 16.73 9.35
Slide 33: Fixed Income Index Mutual Funds
Fixed Income Index Mutual Funds Performance as of June 30, 2026 3-Year Gross Cumulative Cumulative Inception Average Annual Total Returns (%) 1-Year 3-Year 5-Year 10-Year Life-of-Fund Tracking Expense 3-Month YTD Date Error Ratio Fidelity U.S. Bond Index Fund 0.66 0.72 3.77 4.13 0.05 1.50 5.00 0.21
Slide 34: Fair value pricing seeks to protect existing shareholders
Fair value pricing seeks to protect existing shareholders Majority of US-domiciled mutual funds strike a NAV at 4:00PM EST • Market events can occur between the close of foreign markets and the Fidelity funds’ closing time, Industry View generally 4pm EST. Fair value pricing is a regulatory safeguar
Slide 35: Securities lending
Securities lending For institutional use only.
Slide 36: Securities lending income
Securities lending income Through the conservative management of collateral, we believe Fidelity’s securities lending program benefits shareholders by enabling Fidelity index funds to generate incremental income while seeking to mitigate risk. +/– – = Gross income Borrower Agent Fund’s compensation
Slide 37: Summary of Fidelity's Securities Lending Program
Summary of Fidelity’s Securities Lending Program Fidelity Equity Index Funds Fidelity Bond Index Funds Spartan Index CITs1 Lending requirements Securities lending permitted Yes Average % of portfolio on loan in 20242 0.91% 0.47% 0.79% Max that can be loaned from the portfolio 33.3% Lending agent Fid
Slide 38: Fidelity's approach to managing risk
Fidelity’s approach to managing risk • Fidelity continually monitors the value of securities on loan and ensures the lending agent provides for mark-to- market adjustments daily to maintain adequate collateralization. Program Risk • If needed, any additional collateral required to meet these thresho
Slide 39: Appendix
Appendix For institutional use only.
Slide 40: Important information
Important information Bloomberg U.S. 1–5 Year Treasury Bond Index is a market value–weighted index of investment-grade fixed-rate public obligations of the U.S. Treasury with maturities between one and five years. Bloomberg U.S. 5–10 Year Treasury Bond Index is a market value-weighted index of inves
Slide 41: Important information
Important information MSCI ACWI ex U.S.A. Investable Market Index (IMI) (Net MA) is a market capitalization-weighted index designed to measure the investable equity market performance for global investors of large, mid, and small cap stocks in developed and emerging markets, excluding the United Sta
Slide 42: Important information
Important information Unless otherwise expressly disclosed to you in writing, the information provided in this material is for educational purposes only. Any viewpoints expressed by Fidelity are not intended to be used as a primary basis for your investment decisions and are based on facts and circu
Slide 43: Important information
Important information Risks (continued): Fixed income investments entail interest rate risk (as interest rates rise bond prices usually fall), the risk of issuer default, issuer credit risk, and inflation risk. Increases in real interest rates can cause the price of inflation-protected debt securiti
Slide 44: Important information
Important information General: Indices are unmanaged. It is not possible to invest directly in an index. References to indexes, benchmarks or other measures of relative market performance over a specified period of time (each, an “index”) are provided for your information only. References to any ind
Slide 45: Before investing, have your client consider the funds' investment objectives, risks, charges, and expenses.
Not NCUA or NCUSIF insured. May lose value. No credit union guarantee. For institutional use only. Fidelity Investments® provides investment products through Fidelity Distributors Company LLC or Fidelity Brokerage Services LLC, Member NYSE, SIPC. Before investing, have your client consider the funds
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