FMFMX

About FMFMX

Fidelity Advisor Series Equity Growth Fund is a mutual fund designed to seek capital appreciation by primarily investing in equity securities. The fund typically allocates at least 80% of its assets to common stocks, focusing on large-cap companies with strong growth potential. It is categorized within the large growth investment style, targeting firms that demonstrate above-average earnings growth in dynamic sectors such as technology, healthcare, and consumer services. The fund’s portfolio is notably concentrated, with nearly half of its assets invested in its top ten holdings, including leading names like Microsoft, NVIDIA, Amazon, Alphabet, and Apple. With net assets of over $1.3 billion and a moderate portfolio turnover, the fund employs an actively managed strategy to capture capital gains while adapting to shifting market conditions. Fidelity Advisor Series Equity Growth Fund serves as an important component for investors and asset allocators seeking exposure to growth-oriented equities, and it is also used as an underlying investment in certain asset management programs and retirement solutions.