About FARMX
Fidelity Agricultural Productivity Fund is a thematic equity mutual fund that seeks to deliver long-term capital growth by investing predominantly in companies that drive improvements in agricultural productivity. The fund focuses on enterprises contributing to increased global food production efficiency—an area of growing importance amid rising populations and diminishing arable land. Its portfolio typically includes businesses involved in farm machinery, agricultural equipment, irrigation systems, biotechnology, fertilizers, crop protection, and agricultural science. Additionally, the fund invests in agriculture-related processors, food producers, aquatic farming, and livestock service firms. By leveraging comprehensive fundamental and quantitative research, as well as insights from dedicated environmental, social, and governance (ESG) teams, the fund aims to identify companies with robust cash flows and high return on capital. As a non-diversified fund, it concentrates assets in a select number of holdings, reflecting the managers’ conviction in the agriculture sector’s long-term structural trends and innovation-driven growth. This strategic focus positions the fund as a specialized vehicle for investors seeking exposure to global advancements in food supply and agricultural technology.
Fund Family Fidelity
Category Natural Resources
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FARMX
Index MSCI AC World TR USD
FARMX had a total return of 12.89% in the past year, including dividends.
Since the fund's inception, the average annual return has been 14.49%.
