Fidelity Utilities Fund (FIUIX)
Fidelity Utilities Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $31.33, up 0.29% on the session, giving a market capitalisation of $1.29B. Its beta of 0.43 implies it has historically moved less than the broad market.
This fund primarily directs its capital towards common equities. A substantial portion, at least 80% of its assets, is allocated to firms within the telecommunications services and utility industries. Its investments span both domestic and international companies. The selection of holdings is guided by thorough fundamental analysis, scrutinizing elements such as an issuer's financial health, its competitive position in the market, and prevailing economic conditions. It operates as a non-diversified portfolio.
Fidelity Utilities Fund is most often compared with the following Financial Services names: