About FBGKX
Fidelity Blue Chip Growth Fund - Class K is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in blue chip companies. Its strategy emphasizes holding at least 80% of assets in large, well-established, and financially robust corporations, both in the United States and abroad. The fund typically holds common stocks of companies recognized for their market leadership and solid fundamentals, spanning sectors such as technology, communications, consumer cyclical, and healthcare. Notable holdings often include globally influential firms like Nvidia, Microsoft, Amazon, Apple, and Alphabet, positioning the fund at the forefront of industry innovation and growth trends. Managed with a growth-oriented investment style, the fund is classified within the large growth category and is benchmarked against the Russell 1000 Growth Index. Its substantial asset base and concentrated portfolio—where the top ten holdings can comprise a significant portion of total assets—underscore its focus on high-conviction growth opportunities among market leaders. This fund plays a prominent role for investors seeking exposure to dynamic, high-potential companies in the large-cap segment of the equity market.
Fund Family Fidelity
Category Large Growth
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FBGKX
Share Class Class K
Index Russell 1000 Growth TR
FBGKX had a total return of 26.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.99%.