Fidelity Funds - Fidelity Target™ 2050 Fund P-Acc-USD (USD/Euro hedged)

The Fidelity Target™ 2050 Fund begins by investing entirely in high-risk assets such as stocks and gradually transitions to more stable investments over time, ultimately holding only cash by the year 2050. Managed by a dedicated team, the fund dynamically selects and balances a diverse mix of equities, bonds, and other asset classes to optimize growth while systematically reducing risk as the target date approaches. This approach ensures the portfolio adapts to changing market conditions and investor needs, aiming to achieve financial goals by 2050 through a well-structured and evolving investment strategy.