About FCNIX
Fidelity Advisor Consumer Discretionary Fund Class I is a mutual fund focused on capital appreciation by investing predominantly in companies within the consumer discretionary sector. The fund allocates at least 80% of its assets to businesses primarily engaged in the manufacture and distribution of non-essential goods and services, such as retailers, automakers, leisure, and media firms. Its portfolio typically features common stocks from both domestic and foreign issuers, utilizing fundamental analysis to assess each company's financial health, competitive position, and broader economic trends. The fund maintains a relatively concentrated, non-diversified portfolio, with notable exposure to major industry leaders like Amazon.com, Tesla, The Home Depot, and Lowe’s. With a consistent portfolio turnover rate around 25%, the fund balances active management with longer-term holding periods. Fidelity Advisor Consumer Discretionary Fund Class I provides institutional investors targeted access to the consumer cyclical segment, functioning as a specialist vehicle within broader equity allocations and serving those seeking to capture growth trends driven by shifts in consumer spending patterns.
Fund Family Fidelity
Category Consumer Cyclical
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FCNIX
Share Class Class I
Index S&P 500 TR
FCNIX had a total return of 6.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.08%.
