Hello I'm interested in a 2050 target date fund. The two I'm deciding between are actively managed, Fidelity Freedom 2050 (FFFHX) with a SP of $13.91 and an expense fee of .75%, and Fidelity Freedom® Index 2050 Fund Investor Class (FIPFX) with a SP of $26.33 an expense fee of .12%.
Risk levels for both are in the low 16's and they are almost identical in assets. The only difference appears to be the SP and the former has a 13% turnover rate with the later having a 7%. For a long-term hold fund the fee is a very big deterrent for me. Am I missing something though. Is there a reason I should go with FFFHX over FIPFX? Thanks!
Risk levels for both are in the low 16's and they are almost identical in assets. The only difference appears to be the SP and the former has a 13% turnover rate with the later having a 7%. For a long-term hold fund the fee is a very big deterrent for me. Am I missing something though. Is there a reason I should go with FFFHX over FIPFX? Thanks!
Statistics: Posted by jen25w — Tue Jan 07, 2025 2:03 pm — Replies 4 — Views 168