Fidelity Global Commodity Stock Fund (FFGCX)
Fidelity Global Commodity Stock Fund operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $27.91, up 0.00% on the session, giving a market capitalisation of $1.37B. Its beta of 0.43 implies it has historically moved less than the broad market.
This investment vehicle aims to achieve significant capital growth for its investors. It allocates its portfolio across global markets, primarily focusing on common stocks. A substantial portion, at least 80% of its assets, is dedicated to companies principally engaged in core commodity industries: energy, metals, and agriculture. Investments are strategically distributed across various countries and regions worldwide. The fund employs a rigorous fundamental analysis approach, scrutinizing factors such as an issuer's financial health, industry standing, and broader market and economic conditions to inform its investment selections. It operates as a non-diversified fund, indicating a more concentrated investment approach.
Fidelity Global Commodity Stock Fund is most often compared with the following Financial Services names: