FGJMX

About FGJMX

Fidelity Advisor Communication Services Fund - Class I is a sector-focused mutual fund that seeks capital appreciation by investing primarily in companies engaged in the development, production, or distribution of communication services. The fund maintains at least 80% of its assets in securities of firms principally involved in areas such as telecommunications, media, entertainment, and related industries. Utilizing an actively managed, bottom-up investment approach, the fund aims to identify companies with strong growth prospects and attractive valuations, often emphasizing firms expected to deliver consistent earnings and free cash flow growth. Its portfolio is characterized by significant allocations to large-cap industry leaders such as Meta Platforms, Alphabet, and Netflix, reflecting a bias toward established communication and media platforms. The fund’s strategy leverages the expertise of Fidelity’s global technology, media, and telecommunications analysts to uncover opportunities within the sector. As part of Fidelity’s lineup, this institutional share class is structured to meet the needs of eligible investors seeking concentrated exposure to the communications sector as part of a diversified investment portfolio, offering competitive expense ratios and no sales loads for qualified buyers.