Josh Scandlen Podcast

Fidelity Freedom Funds made DRASTIC changes to their approach in 2014.   Consequently, they've improved  performance numbers significantly.  Is this a reason you should now reconsider their funds though? In this video we discuss the changes Fidelity made to their management approach to their Freedom Funds and why they made the changes to begin with. Turns out Fidelity has been underperforming for years and assets were flying out the door. So, to stem the outflow FIdelity made their Freedom MUCH more aggressive.  Now their Freedom 2020 Fund is 50% more aggressive than their average peer.  The results since they made the change have paid off, as their performance has improved quite a bit. But this should come as no surprise.  Increased exposure to stocks, when the stock market is booming, equals greater performance. No getting around that.  However, Fidelity continues to bleed assets out of its Freedom Funds.  They have not been able to stem the flow even while th