Fidelity Advisor Energy Fund Class M (FAGNX)
Fidelity Advisor Energy Fund Class M operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $50.00, up 1.63% on the session, giving a market capitalisation of $894.9M. On trailing twelve-month figures it carries a trailing P/E of 904.10, a net margin of 9.9%. Its beta of 0.60 implies it has historically moved less than the broad market.
This fund's primary objective is to achieve capital growth. It typically allocates its assets predominantly to common stocks. A substantial portion, specifically at least 80% of its holdings, is dedicated to firms primarily involved in the energy sector. This includes businesses focused on traditional energy sources like oil, natural gas, electricity, and coal, alongside those exploring newer options such as nuclear, geothermal, oil shale, and solar power. The fund has the flexibility to invest in both domestic and international entities. Investment decisions are based on a thorough fundamental analysis, considering elements such as an issuer's financial health, its competitive standing in the industry, and prevailing market and economic conditions. It is important to note that this fund is classified as non-diversified.
Fidelity Advisor Energy Fund Class M is most often compared with the following Financial Services names: