Fidelity Advisor Technology Fund Class M (FATEX)
Fidelity Advisor Technology Fund Class M operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $118.94, up 0.52% on the session, giving a market capitalisation of $9.18B. Its beta of 1.33 implies it has historically moved more than the broad market.
This fund aims to grow your initial investment significantly over time. It primarily achieves this by allocating its assets to the common stocks of various companies. A key aspect of its strategy is to dedicate at least 80% of its portfolio to businesses that are fundamentally involved in, or stand to benefit substantially from, advancements and innovations in technology. This includes entities that develop, deploy, or utilize technology-driven products, processes, or services. The fund's holdings are not confined to a single country; it invests in both U.S. and international companies. When selecting investments, the management employs a thorough fundamental analysis, examining factors like a company's financial stability, its competitive position within its industry, and broader market and economic trends. It's important to note that this fund is classified as non-diversified, meaning it may concentrate a larger portion of its assets in a smaller number of holdings.
Fidelity Advisor Technology Fund Class M is most often compared with the following Financial Services names: