Find the closest mutual fund that has a long-term yield of at least 5%.
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The closest mutual fund that has a long-term yield of at least 5% is the Fidelity Freedom 2050 Fund (FFFEX). The fund has a 5-year average annual yield of 5.42%. It is a target retirement fund that invests in a mix of stocks and bonds that is tailored to meet the retirement goals of those investor with a retirement date in or near 2050. The fund primarily invests in large-capitalization stocks and has a moderate risk profile. For more information, you can visit the fund's website or speak to a qualified financial advisor.
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