About FGDCX
Fidelity Advisor Gold Fund Class C is a sector-focused mutual fund that seeks capital appreciation by investing primarily in companies engaged in the exploration, mining, processing, or dealing of gold. The fund typically allocates at least 80% of its assets to securities of firms principally involved in gold-related activities, with additional exposure to other precious metals such as silver, platinum, and, to a lesser extent, diamonds and minerals. It also has the flexibility to invest in gold bullion, coins, and financial instruments linked to the price of precious metals. The fund predominantly holds common stocks of mining and related companies, providing investors focused exposure to the precious metals sector. Managed by Fidelity Investments, this fund is designed for those seeking participation in the performance of gold and other precious metals, and it plays a role in portfolios aiming for diversification through alternative and commodity-linked assets within the global equity landscape.
Fund Family Fidelity
Category Equity Precious Metals
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FGDCX
Share Class Class C
Index S&P 500 TR
FGDCX had a total return of 82.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.37%.
