Fidelity Disruptive Automation Fund (FBOTX)
Fidelity Disruptive Automation Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $16.72, up 0.18% on the session, giving a market capitalisation of $111.2M. Its beta of 1.27 implies it has historically moved more than the broad market.
The fund primarily allocates at least 80% of its portfolio to companies leading advancements in disruptive automation technologies. Its holdings are predominantly in equity securities. The definition of disruptive automation enterprises, as determined by the Adviser, includes, but is not limited to, those involved in creating and producing automation systems, enabling technologies, tools, or processes. This encompasses areas like robotics, artificial intelligence, machine vision, process sensors, pneumatic systems, autonomous driving, and 3D printing. This investment vehicle is structured as a non-diversified fund.
Fidelity Disruptive Automation Fund is most often compared with the following Financial Services names: