Blue-Chip Investing: Fidelity's Smart Investment Choice

Investing in the Fidelity Blue Chip Growth Fund is a great option for investors seeking a core holding concentrated in large-cap stocks. The fund seeks long-term capital growth by investing at least 65% of its total assets in blue-chip stocks, which are well-known or established companies with the potential for above-average growth. These stocks are projected to produce dividends, growth, and stability, with less volatile returns compared to other investments. With a strong track record of positive long-term results, the fund has returned 25.50% over the past year, 6.23% over three years, 15.12% over five years, and 14.60% over the past decade. The fund is managed by Sonu Kalra, who selects companies with durable competitive advantages and sustainable growth rates. As of November 2023, the fund had assets totaling almost $44.51 billion invested in 324 different holdings.

Potential for above-average returns over the long term

The Fidelity Blue Chip Growth Fund seeks long-term capital growth by investing at least 65% of its total assets in blue-chip companies. Blue-chip companies are well-known or established companies, and their stocks are projected to produce above-average returns over longer periods. These stocks produce dividends, offer growth and stability potential, and are less volatile than other investments.

Blue-chip stocks have historically provided positive long-term results, with some volatility. Investors have tended to hold blue-chip stocks for many years, often in individual retirement accounts or 401(k) plans, as a way to maintain the principal for a nest egg.

The Fidelity Blue Chip Growth Fund has a strong track record of performance, with an average annual return of 15.12% over the past five years and 14.60% over the past decade. As of November 27, 2023, the fund had assets totaling almost $44.51 billion invested in 324 different holdings.

The fund is managed by Fidelity veteran Sonu Kalra, who selects companies with "durable competitive advantages, sustainable double-digit growth rates, and management that allocates capital well." Kalra has managed the fund since July 2009 and also manages other Fidelity funds.

The fund invests two-thirds of its holdings in the technology and consumer cyclical sectors, compared to the Russell 1000 Growth Index, which focuses primarily on large-cap investing. By investing in a broad spectrum of market capitalization companies, the fund provides exposure to a diverse range of industries and growth opportunities.

With its focus on well-established companies, the Fidelity Blue Chip Growth Fund offers investors the potential for above-average returns over the long term, making it an attractive option for those seeking core holdings concentrated in large-cap stocks.

Less volatile returns

Blue-chip stocks are projected to produce above-average returns over longer periods. These stocks produce dividends, potential for growth and stability, and the returns are less volatile. Investors have tended to hold blue chips for the long term, often in an individual retirement account or 401(k) plan, as a way to maintain the principal for a nest egg.

The Fidelity Blue Chip Growth Fund seeks long-term capital growth. Over 80% of the assets in the fund are blue-chip stocks. These are companies whose stock is usually included in the Dow Jones Industrial Average or the S&P 500. The fund looks to invest assets in well-known or established companies with the potential for above-average growth, such as companies with new products or technologies.

The fund has returned 25.50% over the past year, 6.23% over the past three years, 15.12% over the past five years and 14.60% over the past decade. These returns are less volatile than the market average. As of November 27, 2023, the fund has assets totalling almost $44.51 billion invested in 324 different holdings.

The fund is managed by Fidelity veteran Sonu Kalra, who selects companies with "durable competitive advantages, sustainable double-digit growth rates, and management that allocates capital well". Kalra has managed the fund since July 2009 and also manages other Fidelity funds.

Well-known and established companies

The Fidelity Blue Chip Growth Fund seeks long-term capital growth by investing at least 80% of its assets in blue-chip stocks. Blue-chip companies are well-known or established companies with stocks that are projected to produce above-average returns over longer periods. These stocks produce dividends and offer growth and stability, and the returns are less volatile than other investments.

The fund is an option for investors seeking a core holding concentrated in large-cap stocks. It is managed by Sonu Kalra, who selects companies with "durable competitive advantages, sustainable double-digit growth rates, and management that allocates capital well". The fund has returned 25.50% over the past year, 6.23% over the past three years, 15.12% over the past five years, and 14.60% over the past decade.

The fund has a broad spectrum of holdings, with two-thirds of its investments in the technology and consumer cyclical sectors. As of November 27, 2023, the fund had assets totaling almost $44.51 billion invested in 324 different holdings. The fund's performance has been driven by top growth stocks like Apple, Microsoft, Google, Facebook, and Nvidia.

Blue-chip companies are typically defined as those with a market capitalization of at least $200 million if their stock is included in the S&P 500 or the Dow Jones Industrial Average, or $1 billion if not included in either index. These companies are often included in the Dow Jones Industrial Average or the S&P 500, and they are well-known and established, with the potential for above-average growth.

Potential for growth and stability

The Fidelity Blue Chip Growth Fund seeks long-term capital growth by investing in blue-chip stocks, which are stocks of well-known or established companies. These stocks are projected to produce above-average returns over longer periods and tend to be less volatile. Blue-chip stocks are typically included in the Dow Jones Industrial Average or the S&P 500 and are known for their potential for growth and stability.

The fund has a strong track record of performance, with returns of 25.50% over the past year, 6.23% over the past three years, 15.12% over the past five years, and 14.60% over the past decade. As of November 2023, the fund had assets totaling almost $44.51 billion invested in 324 different holdings. The fund has an expense ratio of 0.68%, which is lower than the category average of 1.01%.

The fund is managed by Sonu Kalra, who joined Fidelity in 1998 and has managed the fund since 2009. Kalra selects companies with "durable competitive advantages, sustainable double-digit growth rates, and management that allocates capital well." The fund invests two-thirds of its holdings in the technology and consumer cyclical sectors, which has contributed to its strong performance.

Blue-chip stocks are known for their potential for growth and stability. They tend to produce dividends and above-average returns over the long term, making them attractive to investors seeking capital growth with lower volatility. The Fidelity Blue Chip Growth Fund provides investors with access to a diversified portfolio of blue-chip stocks, managed by a veteran investor with a successful track record.

Long-term capital growth

The Fidelity Blue Chip Growth Fund seeks long-term capital growth by investing at least 65% of its total assets in blue-chip stocks, or well-known and established companies. These stocks are projected to produce above-average returns over longer periods.

Blue-chip stocks are usually included in the Dow Jones Industrial Average or the S&P 500 and are selected for their potential for above-average growth, such as companies with new products or technologies. Blue-chip stocks produce dividends, growth, and stability, and their returns are less volatile.

The Fidelity Blue Chip Growth Fund has returned 25.50% over the past year, 6.23% over the past three years, 15.12% over the past five years, and 14.60% over the past decade. The fund has assets totaling almost $44.51 billion invested in 324 different holdings.

The fund is managed by Sonu Kalra, who selects companies with "durable competitive advantages, sustainable double-digit growth rates, and management that allocates capital well." Kalra has managed the fund since 2009 and also manages other Fidelity funds.

The fund invests two-thirds of its holdings in the technology and consumer cyclical sectors, compared to the Russell 1000 Growth Index, which is a benchmark index for large-cap investing. A concentration in large-cap stocks means greater volatility and risk when the stock market experiences downturns, and exposure to foreign securities and currencies can present additional risks.

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