Fidelity Sustainable Target Date 2055 Fund

Shareclass

Fidelity Sustainable Target Date 2055 (FSZHX)

Type

Open-end mutual fund

Manager

Fidelity Investments

Target date

Fidelity Sustainable Target Date Series

Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments

9.28%

INVESTED IN DEFORESTATION-RISK COMPANIES

AGRIBUSINESS

deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy

BANKS AND LENDERS

that finance deforestation-risk agribusiness producers via lending and underwriting

MAJOR CONSUMER BRANDS

that use deforestation-risk agribusiness commodities in products

holdings flagged

8.72%

of assets flagged

This fund contains

$578,546 invested

in holdings flagged for deforestation risk

Fidelity has huge investments in companies like Bunge, Noble Group, Golden-Agri Resources and Resolute Forest Products that grow, trade or use palm oil, cattle and soy in their products but have failed to eliminate deforestation and human rights abuses from their operations. This means Fidelity has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. Tell Fidelity to adopt a No Deforestation Policy!

Sign the petition

Commodity producers

14 holdings

0.42% of assets

$27,869 invested

Banks and lenders

17 holdings

2.5% of assets

$166,195 invested

Major consumer brands

62 holdings

5.92% of assets

$392,661 invested

Commodity producers

14 HOLDINGS

Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.

14 HOLDINGS

% of portfolio
$ invested
1. ITOCHU Corp
0.12%0.12% of portfolio
$7,748$7,748 invested
2. Marubeni Corp
0.04%0.04% of portfolio
$2,695$2,695 invested
3. Mondi PLC
0.04%0.04% of portfolio
$2,436$2,436 invested
4. Hormel Foods Corp
0.03%0.03% of portfolio
$1,775$1,775 invested
5. International Paper Co
0.03%0.03% of portfolio
$1,702$1,702 invested

View next 5

Banks and lenders

17 HOLDINGS

Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

17 HOLDINGS

% of portfolio
$ invested
1. JPMorgan Chase & Co
0.68%0.68% of portfolio
$44,850$44,850 invested
2. Bank of America Corp
0.5%0.5% of portfolio
$33,063$33,063 invested
3. Morgan Stanley
0.17%0.17% of portfolio
$11,458$11,458 invested
4. Sumitomo Mitsui Financial Group Inc
0.17%0.17% of portfolio
$11,026$11,026 invested
5. Citigroup Inc
0.16%0.16% of portfolio
$10,869$10,869 invested

View next 5

Major consumer brands

62 HOLDINGS

Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).

62 HOLDINGS

% of portfolio
$ invested
1. Amazon.com Inc
1.39%1.39% of portfolio
$92,025$92,025 invested
2. RELX PLC
0.35%0.35% of portfolio
$23,302$23,302 invested
3. Lvmh Moet Hennessy Louis Vuitton SE
0.32%0.32% of portfolio
$21,170$21,170 invested
4. Compass Group PLC
0.27%0.27% of portfolio
$18,246$18,246 invested
5. Lowe's Companies Inc
0.27%0.27% of portfolio
$17,902$17,902 invested

View next 5

View more info

DATA AS OF 28 Feb 2025

Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

Fidelity Sustainable Target Date 2055 Fund FSZHX

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on FSZHX at Morningstar.com

Current fund

FSZHX

Fidelity Sustainable Target Date 2055 Fund

Family

Fidelity Investments

Category

Target-Date 2055

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower 1-yr returns

-3.38% less in annualized returns

More invested in commodity producers

0.23% more invested

Less invested in banks and lenders

0.09% less invested

Less invested in major consumer brands

5.89% less invested

Current fund

FSZHX

Fidelity Sustainable Target Date 2055 Fund

Family

Fidelity Investments

Category

Target-Date 2055

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower 1-yr returns

-3.38% less in annualized returns

More invested in commodity producers

0.23% more invested

Less invested in banks and lenders

0.09% less invested

Less invested in major consumer brands

5.89% less invested

Current fund

FSZHX

Fidelity Sustainable Target Date 2055 Fund

Family

Fidelity Investments

Category

Target-Date 2055

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 3/31/25

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower 1-yr returns

-3.38% less in annualized returns

More invested in commodity producers

0.23% more invested

Less invested in banks and lenders

0.09% less invested

Less invested in major consumer brands

5.89% less invested

Month-end trailing returns

Performance as of date: 3/31/25

Morningstar suggested benchmark: Morningstar Mod Tgt Risk TR USD

Annualized returns

Deforestation analysis

1-yr

3-yr

5-yr

10-yr

This fund
FSZHX - Fidelity Sustainable Target Date 2055 Fund

4.83%

0.42%

Benchmark

8.22%

9.03%

19%

12%

0.19%

Fund compared to benchmark

-3.38%

0.23% higher

Find more financial data on FSZHX at Morningstar.com

Take Action

Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.

SUPPORT THE PETITION

Find top-graded funds that avoid deforestation-risk investments.

FIND TOP-SCORING FUNDS

Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.

CHECK FOR FOSSIL FUELS

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