The Fidelity Freedom Index 2060 Fund Premier Class (FUIPX) is a mutual fund that aims to provide long-term growth and capital appreciation for investors who plan to retire in the year 2060. This fund is managed by Fidelity Investments and invests in a diversified portfolio of index funds, providing investors with a low-cost and passive approach to investing. The Premier Class designation indicates that this fund has a higher minimum investment requirement and may offer additional benefits such as lower fees and access to personalized investment advice. Overall, FUIPX is a suitable option for investors seeking a hands-off approach to retirement planning with a long-term horizon.