About FIFNX
Fidelity Founders Fund is an actively managed mutual fund that seeks capital appreciation by investing primarily in equity securities of founder-involved companies. These are firms where, at the time of the fund's initial purchase, a founder remains in a senior management or board position, and the fund may also consider the founder's personal or family share ownership. The fund employs a combination of quantitative and fundamental analysis to assess factors such as growth potential, valuation, liquidity, financial health, industry positioning, and broader market and economic conditions. Its strategy spans both growth and value stocks, and the portfolio typically includes domestic and foreign issuers, with a significant exposure to large-cap growth companies. Major sectors represented include technology, communication services, financials, and healthcare. Fidelity Founders Fund is recognized for its diversified approach and for emphasizing the entrepreneurial spirit believed to drive long-term corporate outperformance. Since its inception in 2019, the fund has aimed to provide investors with access to organizations in which founders play an influential leadership role, reflecting both unique governance characteristics and potential for sustained growth.
Fund Family Fidelity
Category Unclassified
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FIFNX
Index Russell 3000 TR
FIFNX had a total return of 6.03% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.69%.
