About FEGKX
Fidelity Equity Growth K6 Fund is an open-end mutual fund focused primarily on large-cap growth equities. Designed for investors seeking exposure to companies with above-average growth potential, the fund typically invests at least 80% of its assets in equity securities, primarily common stocks, that Fidelity Management & Research Company LLC deems to exhibit robust growth characteristics. Its portfolio is notably concentrated, with more than half of its assets allocated to its top ten holdings, which include industry leaders such as Apple, Microsoft, Amazon, Alphabet, and NVIDIA, spanning sectors like technology, consumer cyclical, and healthcare. Established in August 2023, the fund targets long-term capital appreciation and is categorized in the large growth segment. With a low expense ratio and minimal turnover, the fund aims to provide a cost-effective and tax-efficient approach to growth investing, appealing especially to retirement and institutional investors seeking diversified exposure to high-growth U.S. companies.
Fund Family Fidelity
Category Large-Cap Growth
Stock Exchange Nasdaq
Ticker Symbol FEGKX
Index Index is not provided by Management Company
FEGKX had a total return of 12.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 20.66%.
