Fidelity Agricultural Productivity Fund (FARMX)
Fidelity Agricultural Productivity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $21.78, up 0.32% on the session, giving a market capitalisation of $43.6M. Its beta of 0.59 implies it has historically moved less than the broad market.
This fund is designed to commit a significant portion of its holdings, specifically at least 80% of its capital, to companies actively involved in boosting agricultural output. Its investment strategy primarily focuses on equity securities. The scope of eligible businesses is broad, encompassing sectors such as the manufacturing of farm equipment and components, irrigation systems, agricultural efficiency solutions and support services, agri-science and biotechnology, fertilizers, pesticides and other crop protection agents, seed development, specialized crop chemicals, agricultural product processing, prepared food production, aquatic farming, and services for livestock. It is important to note that this investment vehicle is classified as non-diversified.
Fidelity Agricultural Productivity Fund is most often compared with the following Financial Services names: