About FIFWX
Fidelity Advisor Founders Fund - Class Z is a mutual fund focused on capital appreciation by investing primarily in equity securities of founder-involved companies. It selects companies where, at the time of initial investment, a founder is actively a member of senior management or the board of directors, with additional consideration given to the founder's personal or family share ownership. The fund employs both quantitative analysis, assessing growth potential, valuation, liquidity, and investment risk, and fundamental analysis of factors like financial condition and industry position. Its portfolio is typically diversified across growth and value stocks, including both domestic and foreign issuers. Major holdings frequently include technology and consumer leaders such as Amazon, Microsoft, NVIDIA, and Meta Platforms, highlighting its emphasis on influential, entrepreneurially driven businesses. Classified in the large growth category, the fund aims to capture the innovative potential and market leadership often found in founder-led organizations, making it a notable instrument for exposure to dynamic, high-growth sectors within the equity market.
Fund Family Fidelity
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol FIFWX
Share Class Class Z
Index Russell 3000 TR
FIFWX had a total return of 18.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.76%.
