The Fidelity Freedom Blend 2005 Fund Premier Class (FFBEX) is a mutual fund that offers a diversified portfolio of investments for investors who are planning for retirement in or around the year 2005. This fund is managed by Fidelity Investments and aims to provide a balanced mix of stocks, bonds, and other assets to help investors achieve their long-term financial goals. The Premier Class designation indicates that this fund may have lower fees and expenses compared to other share classes, making it an attractive option for investors looking for a cost-effective retirement solution.