Is Fdivx a good investment?
Overall, Fidelity Diversified International Fund ( FDIVX ) has a low Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, this fund looks like a somewhat weak choice for investors right now.
What stocks does Fidelity Contrafund hold?
Top 10 Holdings (46.36% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Facebook Inc A | FB | 9.99% |
| Amazon.com Inc | AMZN | 8.29% |
| Berkshire Hathaway Inc Class A | BRK.A | 6.03% |
| Microsoft Corp | MSFT | 5.25% |
What happened Fidelity Contrafund?
BOSTON (MarketWatch) — Fidelity Investments is closing its biggest stock mutual fund, the $63.8 billion Contrafund, to new investors along with another fund run by William Danoff after the funds attracted billions of dollars in cash over a year.
Is the Fidelity Contrafund still open?
Fund Closed to New Accounts: This fund is closed to new investors.
Is there an ETF for Fidelity Contrafund?
Fidelity Contrafund is a diversified equity fund with a large-cap growth bias….ETF Replacements For Contrafund.
| Benchmark Name/Fund Name | Weighted Average Market Cap | P/E Ratio |
|---|---|---|
| MSCI USA Large Growth | 123,162,786,854 | 22.20 |
| Contrafund | 111,081,703,395 | 28.44 |
Does Fidelity Contrafund own Tesla?
The Fidelity Contrafund sold 172,006 shares in March, leaving it with about 263,025 shares at month’s end. FMR, the parent for Fidelity Investments, reported holding about 9.1 million Tesla shares on a companywide basis at the end of last year, ranking it as the carmaker’s third-largest investor with a 5.2% stake.
Is Contrafund closed to new investors?
Can you still buy Fidelity Contrafund?
As of the close of business April 28, only existing holders will be able to make new purchases in Contrafund FCNTX, +0.53% and the $5.5 billion Fidelity Advisor New Insights Fund. Danoff has managed Contrafund since 1990 and Advisor New Insights since its 2003 inception, Boston-based Fidelity said.
Is Fidelity Contrafund closed to new investors?
Is Fidelity Contrafund risky?
Risk. The fund is heavily invested in equities, which are subject to greater volatility than fixed-income securities. Stock markets can decline in response to political changes, economic setbacks and more.
What kind of rating does fidelity diversified international have?
Having honed a sound investment philosophy while weathering a multitude of market climates, Fidelity Diversified International’s manager has developed insights and judgment that, along with extensive support from a large and experienced analyst group, give the fund the means to outperform. It receives a Morningstar Analyst Rating of Bronze.
What does the Morningstar rating on fdivx mean?
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Will FDIVX outperform in future? Get our overall rating based on a fundamental assessment of the pillars below.
What is the process and people pillar of fdivx?
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDIVX’s performance objective and investment process is for both security selection and portfolio construction. The People Pillar is our evaluation of the FDIVX management team’s experience and ability.
Who is the manager of the Fidelity International Fund?
Manager Bill Bower has been sole manager of this fund since 2001 and ran other Fidelity international funds prior to that. While he has maintained a moderate-growth approach throughout his tenure here, he has also adjusted to conditions.