Fidelity is an industry leader in target date investing and has been managing target date portfolios since 1996. Today millions of shareholders are invested in Freedom Funds and Fidelity is one of the largest asset managers in the world.1 Investors in Fidelity's target date portfolios can benefit from a time-tested investment process that is backed by a large and dedicated research team focused on target date investing. To meet the varying needs of investors Fidelity offers a choice of active, blend, and index target date funds with competitive fees. Learn more about Fidelity Mutual Funds