Fidelity Advisor Large Cap Fund Class A (FALAX)
Fidelity Advisor Large Cap Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $53.66, up 0.90% on the session, giving a market capitalisation of $2.07B. Its beta of 0.94 implies it has historically moved less than the broad market.
The primary objective of the Fidelity Advisor Large Cap Fund Class A is to achieve sustained growth of capital over the long term. To pursue this, the fund predominantly allocates its assets to common equities. A key strategy involves typically dedicating a minimum of 80% of its portfolio to companies characterized by large market capitalizations; specifically, these are firms whose market values are comparable to the constituents of the Russell 1000® Index or the S&P 500® Index. Its investment scope extends to both domestic (U.S.) and foreign issuers. The fund maintains flexibility in its investment approach, potentially targeting growth-oriented companies, undervalued 'value' stocks, or a combination of both.
Fidelity Advisor Large Cap Fund Class A is most often compared with the following Financial Services names: