Fidelity Equity Growth Portfolio (FEGAX)
| Fund Assets | n/a |
| Expense Ratio | 0.04% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 113.90 |
| YTD Return | -1.07% |
| 1-Year Return | 9.05% |
| 5-Year Return | 67.38% |
| 52-Week Low | 82.12 |
| 52-Week High | 120.00 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FEGAX
Fidelity Advisor 529 Equity Growth Portfolio Class A is a portfolio within a 529 college savings plan, designed to help families save for higher education through tax-advantaged investment. The portfolio primarily invests in mutual funds focused on equity securities of companies believed to have above-average growth potential, commonly referred to as 'growth' stocks. It allocates 100% of its assets to U.S. equity, seeking to capture capital appreciation over the long term. By emphasizing growth-oriented companies, the portfolio aims to provide a higher potential for value increase, making it suitable for investors with a long investment horizon, such as those saving for future college expenses. Benchmarked against the Russell 3000 Growth Index, this portfolio is part of the New Hampshire-sponsored Fidelity Advisor 529 Plan, offering families access to Fidelity’s global research platform and portfolio management expertise. In addition to investment growth opportunities, the plan features high contribution limits, potential tax benefits, and estate planning advantages, enhancing its appeal as an education savings vehicle.
Performance
FEGAX had a total return of 9.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.79%.