Fidelity Funds: Exploring Amd Investment Opportunities

Fidelity Investments is a world leader in mutual funds, with over 70 years of experience and a wide range of investment options to suit different needs and tastes. The company offers a variety of funds, including actively managed funds, funds with zero management fees, and bond funds.

One of the funds offered by Fidelity is the Fidelity 500 Index Fund (FXAIX), which provides investors with low-cost access to a high-quality portfolio of the 500 largest and most successful public companies in the U.S. as tracked by the S&P 500 index. This fund has been popular among investors as it has delivered impressive returns over longer time frames, with an average annual return of about 9% between 1993 and 2023.

Another fund offered by Fidelity is the Fidelity Mid Cap Index Fund (FSMDX), which tracks the Russell Midcap Index and includes 800 of the smallest companies within the Russell 1000. This fund offers investors exposure to mid-sized companies with good growth potential that are well-established in their respective industries.

In addition to these, Fidelity also offers the Zero Large Cap Index Fund (FNILX), which has zero annual management fees and holdings in companies such as Microsoft, Apple, Nvidia, and Amazon. For investors seeking a core bond fund, the Fidelity Total Bond Fund (FTBFX) is a good option, as it has outperformed its Morningstar category averages over the past one, three, five, ten, and fifteen years.

While the above-mentioned funds do not directly invest in AMD, they provide a diverse range of investment opportunities that can help build a well-rounded portfolio.

Fidelity 500 Index Fund (FXAIX)

The Fidelity 500 Index Fund (FXAIX) is a mutual fund that tracks the S&P 500 index, a benchmark for U.S. stocks. The S&P 500 covers about 80% of the investable market capitalization of the U.S. equity market and is considered a good addition to retirement portfolios due to its broad diversification across all sectors.

The FXAIX fund seeks to replicate the performance of the S&P 500 Index, investing at least 80% of its assets in common stocks included in this index. As of November 27, 2023, the fund had assets totaling almost $407.60 billion invested in 508 different holdings, with returns of 10.14% over the past year, 10.35% over three years, 11.00% over five years, and 11.17% over the past decade. The fund has an expense ratio of 0.02%, significantly lower than the category average of 0.85%.

The fund is passively managed by Geode Capital Management, with a team of five managers. While index funds can be subject to market volatility, the FXAIX fund's diversification helps it withstand industry-specific fluctuations.

As of March 25, 2024, Advanced Micro Devices, Inc. (AMD) is one of the top mutual fund holders of the Fidelity 500 Index Fund, along with Vanguard Total Stock Market Index Fund, Vanguard 500 Index Fund, and others.

Fidelity Mid Cap Index Fund (FSMDX)

The fund has a low expense ratio of 0.025% and no load shares, making it a cost-effective option for investors. As of September 27, 2024, the fund's Net Asset Value (NAV) was 34.27, with a one-day return of +0.35%. The total assets under management are 35.8 billion USD.

FSMDX is categorised as a Mid-Cap Blend fund, meaning it invests in a mix of growth and value stocks of medium-sized companies. This type of fund can provide a balance between the potential high returns of small-cap stocks and the stability of large-cap stocks.

Some of the top holdings in the FSMDX portfolio as of July 31, 2024, include Arthur J. Gallagher & Co, Palantir Technologies Inc, Hilton Worldwide Holdings Inc, Williams Companies Inc, and Simon Property Group Inc.

Overall, the Fidelity Mid Cap Index Fund offers investors exposure to a diversified portfolio of mid-cap companies, with a strong management team and a cost-effective structure.

Fidelity Growth and Income Fund (VQNPX)

The Vanguard Growth and Income Fund (VQNPX) is a mutual fund that offers investors exposure to a wide range of large-cap stocks in the US market. The fund falls into Morningstar's large-blend category, meaning it primarily invests in the largest segment of the US stock market based on market capitalization. As of November 27, 2023, the fund had assets totaling almost $11.65 billion invested in 859 different holdings.

The fund's managers look for stocks that are growing faster than average, as well as those that may be undervalued by the market. This strategy aims to achieve both capital appreciation and dividend income, with a total return goal outlined on the fund's website. Some of the fund's largest holdings include well-known companies such as Apple Inc., Microsoft Corp., Exxon Mobil Corp., General Electric Co., and Johnson & Johnson.

The Vanguard Growth and Income Fund has delivered solid returns over the years. As of early 2017, it had returned 8.66% over the past year, 10.66% over three years, 10.67% over five years, and 11.03% over the past decade. The fund's expense ratio is relatively low at 0.32% to 0.34%, and it requires a minimum investment of $3,000.

In terms of risk, Morningstar considers the fund's volatility to be below average compared to other funds in the large-blend peer group for the trailing three- and five-year periods, with the trailing 10 years being average. The fund's key risk factor is its full exposure to the stock market, which means it is subject to the volatility and potential losses associated with equity investments.

Fidelity 500 Index Fund

The Fidelity 500 Index Fund (FXAIX) is a mutual fund that aims to provide investment results mirroring the total performance of common stocks publicly traded in the United States. It invests in common stocks included in the S&P 500 Index, a widely recognised, unmanaged index of common stock prices, representing the performance of common stocks.

The fund had total net assets of $484.415 billion as of September 8, 2024, with a net expense ratio of 0.02% and a 52-week average return of 32.11%. The Morningstar Risk Rating and Sustainability Rating for the fund are average for its category.

The Fidelity 500 Index Fund is one of the top mutual fund holders of AMD (Advanced Micro Devices, Inc.), holding a significant number of shares in the company.

The fund's goal is to mirror the performance of a major US equity index, such as the S&P 500, which includes stocks from a wide range of sectors and industries, providing investors with broad exposure to the US stock market.

Fidelity Contrafund (FCNTX)

The fund's 52-week range has been between 12.37 and 18.40, and it has delivered a 52-week average return of 51.17%. This strong performance places it in the second percentile of large-cap core funds over the past year.

The fund is managed by William Danoff, who took over in 1990, and its top holdings include well-known companies like Berkshire Hathaway Inc. and UnitedHealth Group Inc.

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