GROWTH AND INCOME FUNDS
Fidelity Equity Commingled Pool Fund
Fund Code: 0782
what it is: A growth and income mutual fund.
goal: Seeks to approximate the composition and total return of Standard & Poor’s 500 Index.
what it invests in: Normally invests in the common stocks of the 500 companies that make up the S&P 500.
who might want to invest: Someone who wants to pursue long-term growth through a portfolio of securities that broadly represent the stock market as measured by the S&P 500®.
Someone willing to ride out stock market fluctuations for potentially high long-term return.
The S&P 500® is a registered service mark of the McGraw-Hill Companies, Inc., and has been licensed for Fidelity Distributors Corporation and its affiliates. It is a widely recognized, unmanaged index of 500 U.S. common stocks.
Fund Code: 0023
what it is: A growth and income mutual fund.
goal: Seeks to provide a reasonable income. In pursuing this objective, the fund will also consider the potential for the capital appreciation. The fund seeks to provide a yield that exceeds the composite yield of the Standard & Poor's 500 Index (S&P 500)
what it invests in: Normally invests at least 65% of total assets in income-producing equity securities, which tend to lead to investments in large cap "value" stocks. The fund may potentially invest in other types of equity and debt securities, including lower-quality debt securities. Investments in lower-rated securities involve greater risk than other debt securities including the risk of default. The fund may invest in securities of domestic and foreign issuers.
who might want to invest: Someone who is looking for income from a fund invested in stocks and bonds.
Someone who wants the potential for long-term growth and who wants to be invested in the stock market for its long-term growth potential.
Fidelity Growth & Income Portfolio
Fund Code: 0027
what it is: A growth and income mutual fund.
goal: Seeks to provide a high total return through a combination of current income and capital appreciation.
what it invests in: Normally invests a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation. The fund may potentially invest in bonds including lower-quality debt securities, as well as stocks that are not currently paying dividends, but offer prospects for future income or capital appreciation. Investments in lower-rated securities involve greater risk than other debt securities including the risk of default. The fund may invest in securities of domestic and foreign issuers.
who might want to invest: Someone interested in a combination of income and growth.
Someone who wants the potential for long-term growth and someone who is willing to ride out the fluctuations of the stock market for the potential of a higher return.
Fidelity Real Estate Investment Portfoilio
Fund Code: 00303
what it is: A growth and income mutual fund.
goal: Seeks to provide above average income and long-term capital growth, consistent with reasonable investment risk. The fund seeks to provide a yield that exceeds the composite yield of the Standard & Poor’s 500 Index (S&P 500®).
what it invests in: Normally invests at least 65% of total assets in equity securities of companies principally engaged in the real estate industry. The fund invests more than 25% of total assets in the real estate industry. The fund may invest in securities of domestic and foreign issuers. Due to their more narrow focus, sector funds tend to be more volatile than funds that diversify across many sectors and companies. This fund carries a short-term trading fee, which is a charge 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 0.75% of the value of the shares you sold.
who might want to invest: Someone who believes in the long-term value of real estate but who does not want to be limited to investing directly in real estate.
The S&P 500® is a registered service mark of the McGraw-Hill Companies, Inc., and has been licensed for use by Fidelity Distributors Corporation and its affiliates. It is a widely recognized, unmanaged index of 500 U.S. common stocks.