The Fidelity Freedom Index 2020 Fund Premier Class (FKIPX) is a mutual fund that aims to provide investors with a diversified portfolio of stocks and bonds that align with the year 2020. This fund is managed by Fidelity Investments and is designed for investors who are planning to retire or withdraw their investments in the year 2020. The Premier Class designation indicates that this fund has a higher minimum investment requirement and may offer additional benefits such as lower fees or access to exclusive services. Overall, the Fidelity Freedom Index 2020 Fund Premier Class offers a convenient and low-cost option for investors looking to achieve their financial goals in the year 2020.