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LOW | HIGH |
Large | |||
Medium | |||
Small | |||
Value | Blend | Growth |
Seeks to achieve capital appreciation.
The underlying fund invests in companies whose value the manager believes is not fully recognized by the public. These types of companies include companies that are experiencing positive fundamental change, such as a new management team or product launch, a significant cost-cutting initiative, a merger or acquisition, or a reduction in industry capacity that should lead to improved pricing. It may also include companies whose earnings potential has increased or is expected to increase more than generally perceived or those that have enjoyed recent market popularity but which appear to have fallen temporarily out of favor for reasons that are considered non-recurring or short-term. Lastly, the manager also considers companies that may be undervalued in relation to securities of other companies in the same industry. The Fund, as a result, is not constrained by any particular investment style and may tend to purchase both growth and value stocks. When purchasing securities, Fidelity relies on fundamental analysis of each issuer and its potential for success in light of its current financial condition, its industry position as well as economic and market conditions. Factors considered include growth potential, earnings estimates and management.
Performance** | 1 Year | 3 Year | 5 Year | 10 Year | ||
---|---|---|---|---|---|---|
Fund | Fidelity Contra Fund | 34.81% | 9.83% | 16.51% | 14.30% | |
Index | S&P 500 Indexi58 | 25.02% | 8.94% | 14.53% | 13.10% | |
Peer Group | Morningstar Large Growth Peer Groupp13 | 28.96% | 6.74% | 15.42% | 14.02% |
Expense Ratio (as of 12-31-24)**** | ||||
---|---|---|---|---|
Expense Ratio**** | 1.24% | Cost Per $1,000 | $12.40 |
Overall Morningstar Rating™: | ★★★★ |
Overall # of Funds in Category: | 1020 |
Morningstar Category6A: | Large Growth |
No. of funds: | 3yr 1020; 5yr 952; 10yr 748 |
The Overall Morningstar Rating™ for the underlying fund is derived from a weighted average of the performance figures associated with its three-, five- and 10-year (if applicable) Morningstar Rating™ metrics. The rating formula most heavily weights the three year rating, using the following calculation: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. Rating does not include the effects of sales charges, loads, and redemption fees. Past performance does not guarantee future results. Ratings are as follows: 3yr=5; 5yr=4; 10yr=4. See Important Notes for the rating criteria. |
Top Holdings (as of 11-30-24)¤ | |
---|---|
Meta Platforms Inc Class A | 15.2% |
Berkshire Hathaway Inc Class A | 8.8% |
NVIDIA Corp | 8.6% |
Amazon.com Inc | 6.3% |
Microsoft Corp | 5.3% |
Apple Inc | 3.2% |
Eli Lilly and Co | 2.6% |
Netflix Inc | 2.2% |
Alphabet Inc Class A | 2.2% |
Amphenol Corp Class A | 1.8% |
Totals 56.2% of assets |
Number of Holdings | 394 |
Sharpe Ratio | 0.42 |
Beta | 1.03 (S&P 500 TR USD) |
R² | 90.19 (S&P 500 TR USD) |
Turnover (annualized)§ | 16.00 |
Net Assets | $153.0 billion |
Underlying fund expense ratios | • Gross* 0.39% • Net* 0.39% |
Market Cap (millions) | 566440.98 |
GT-P2459-CON 02/25-48715