About FAEGX
Fidelity Advisor Equity Growth Fund Class M is a mutual fund focused on capital appreciation through investments predominantly in equity securities. The fund primarily targets common stocks of companies that the management team believes have above-average growth potential, often referred to as "growth stocks." Categorized within the large growth segment, its portfolio is concentrated in U.S. and select international companies, with a significant emphasis on technology, healthcare, and consumer sectors. Notable holdings typically include industry leaders like Microsoft, NVIDIA, and Apple, reflecting a bias toward firms with strong earnings growth and competitive advantages. The fund employs a research-driven, expansive approach, leveraging Fidelity’s resources to analyze opportunities across various industries and market capitalizations. Its investment strategy is characterized by seeking companies with robust financials, sustainably high margins, and the ability to generate free cash flow. Fidelity Advisor Equity Growth Fund Class M plays a key role for investors seeking diversified exposure to growth equities and is commonly used as a component within broader asset allocation strategies aiming for long-term wealth accumulation.
Fund Family Fidelity
Category Large-Cap Growth
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FAEGX
Share Class Class M
Index Russell 3000 Growth TR
FAEGX had a total return of 13.52% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.78%.
