GROWTH FUNDS
Fidelity Aggressive Growth Fund
fund code: 0324
what it is: A growth mutual fund.
goal: Seeks to provide capital appreciation.
what it invests in: Normally invests primarily in common stocks. The fund invests in companies that FMR believes offer the potential for accelerated earnings or revenue growth. The fund focuses on investments in medium-sized companies, but may also invest substantially in larger or smaller companies. Investments in smaller companies may involve greater risks than those of larger, more well-known companies. The fund may invest in securities of domestic and foreign issuers. This fund carries a short-term trading fee, which is charged to discourage short-term buying and selling of fund shares. If you sell your shares after holding them for less that 90 days the fund will deduct a short-term trading fee from your account equal to 1.50% of the value of the shares you sold.
who might want to invest: Someone willing to accept that the value of securities of smaller issuers can be more volatile than that of larger issuers.
Someone who has time to invest over the long term.
Fund Code: 0021
what it is: A growth mutual fund.
goal: Seeks to provide capital appreciation.
what it invests in: Normally invests primarily in common stocks. The fund may invest in securities of domestic and foreign issuers. No more than 40% of the fund’s assets may be invested in companies operating exclusively in any one foreign country.
who might want to invest: Someone who will be invested in the fund over the long term and who is comfortable with the fluctuations of the overall stock market to try to get potentially higher long-term results.
Someone with a conservative portfolio who is interested in investing a portion of money more aggressively.
Fidelity Blue Chip Growth Fund
Fund Code: 0312
what it is: A growth mutual fund.
goal: Seeks to provide growth of capital over the long term.
what it invests in: Normally invests primarily in common stocks of well-known and established companies. Normally invests at least 65% of the fund’s total assets in blue chip companies (those with a market capitalization of at least $200 million, if the company’s stock is included in the Standard & Poor’s 500 Index (S&P500®) or the Dow Jones Industrial Average, or $1 billion if not included in either index). The fund may also invest in companies that FMR believes to have above average growth potential. The fund may invest in securities of domestic and foreign issuers.
who might want to invest: Someone interested in stocks of "household name" companies, and established companies with strong earnings and future growth potential.
Someone who wants the potential for long-term growth and who is willing to ride out the fluctuations of the stock market for the potential of a higher return.
Fidelity Dividend Growth Fund
Fund Code: 0330
what it is:
A growth mutual fund.goal: Seeks to provide capital appreciation.
what it invests in: Normally invests primarily in common stocks. Normally invests at least 65% of
total assets in companies that FMR believes have the potential for dividend growth by either increasing their dividends or commencing dividends, if none are currently paid. The fund may invest in securities of domestic and foreign issuers. It is important to note that the fund does not invest for income.who might want to invest: Someone who has time to ride out the ups and downs of stock market investing.
Someone with a conservative portfolio who also wants to invest part of his/her money in a growth fund.
Fidelity Low-Priced Stock Fund
Fund Code: 0316
what it is:
A growth mutual fund.goal: Seeks to provide capital appreciation.
what it invests in: Normally invests at least 65% of total assets in low-priced common stocks (those priced at or below $35 per share), which can lead to investments in small and medium-sized companies. The fund may potentially invest in stocks not considered low-priced. Investments in smaller companies may involve greater risks than those of larger, more well-known companies. The fund may invest in securities of domestic and foreign issuers. This fund carries a short-term trading fee, which is charged to discourage short-term buying and selling of fund shares. If you sell your shares after holding them for less than 90 days. the fund will deduct a short-term trading fee from your account equal to 1.5% of the value of the shares you sold.
who might want to invest: Someone who is comfortable taking higher investment risk that comes with investing in smaller, less well-known companies and can invest over the long term.
Someone with a conservative portfolio who is interested in investing part of his/her money more aggressively.