Fidelity VIP Investor Freedom Income

  • Trading Symbol: FBXOT

Morningstar® Snapshot*

Returns 3 out of 5, Average Returns
Expenses Not available
Not Available
Risk of this Category Category Risk Rating:4, where 1 is Lower and 10 is Higher

*All data provided by Morningstar. Please click on each indicator above to learn more about comparison groups and methodology.

Expense data not reported by Morningstar.


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AS OF 3/31/2014; *YTD AS OF 4/16/2014; **SUBACCOUNT INCEPTION 8/15/2005
YTD (Daily)* 1 Yr 3 Yr 5 Yr Life of Fund**
FBXOT +1.16% +4.48% +4.08% +7.30% +4.27%

Hypothetical Growth of $10,000

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Shows growth of hypothetical $10,000 investment in Fidelity VIP Investor Freedom Income fund over the selected time period

The chart illustrates the performance of a hypothetical $10,000 investment made in the fund ten years ago or on commencement of operations (whichever is later). Figures include reinvestment of capital gains and dividends, and reflect the effects of the annual annuity charge and the underlying fund's expenses. Figures do not reflect the effects of any applicable redemption fees, maintenance charges, or surrender fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data featured represents past performance, which is no guarantee of future results. Investment returns and the principal value of a variable annuity will fluctuate; therefore, you may have a gain or loss when money is withdrawn or received. Fund performance fluctuates and currently may be significantly higher or lower than stated.

Fund Manager(s)

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Brett Sumsion since 1/21/2014 Andrew Dierdorf since 6/21/2011

Strategic Advisers®, Inc., a registered investment adviser and a subsidiary of FMR LLC, serves as the investment manager

Fund Overview


Seeks high total return with a secondary objective of principal preservation.


Investing in a combination of underlying Fidelity Variable Insurance Products domestic equity funds, international equity funds, bond funds, and short-term funds. Allocating assets among underlying Fidelity funds according to a stable target asset allocation of approximately 17% in domestic equity funds, 7% in international equity funds, 46% in bond funds, and 30% in short-term funds.


The Portfolio is subject to the volatility of the financial markets, including equity and fixed income investments. Fixed income investments entail issuer default and credit risk, inflation risk and interest rate risk (as interest rates rise bond pricesusually fall and vice versa). This effect is usually pronounced for longer-term securities. When you sell your shares, they may be worth more or less than what you paid for them.


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Morningstar Category
Retirement Income
Subaccount Inception
Unit Value
Turnover Rate
Net Assets ($M)
12 Month Low-High
$13.53 - $14.40

Quarter-End Average Annual Total Returns

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AS OF 3/31/2014; *SUBACCOUNT INCEPTION 8/15/2005

EXPENSE RATIO (GROSS):Glossary definition opens in new window.
0.50% AS OF 9/26/2013
1 Yr 3 Yr 5 Yr 10 Yr Life of Fund*
Fidelity VIP Investor Freedom Income 4.48% 4.08% 7.30% -- 4.27%

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