About FIJFX
Fidelity Advisor Materials Fund - Class Z is a mutual fund focused on delivering capital appreciation by investing primarily in companies engaged in the materials sector. The fund typically allocates at least 80% of its assets to securities of firms involved in the manufacture, mining, processing, or distribution of raw materials and intermediate goods. This includes exposure to industries such as chemicals, metals, mining, paper, forest products, and construction materials, spanning both domestic and foreign markets. By concentrating on the materials sector, the fund plays a significant role for investors seeking targeted access to a fundamental segment of the global economy, which can be influenced by industrial demand, commodity cycles, and economic growth. The fund employs fundamental analysis to select investments, assessing each issuer’s financial condition, industry position, and prevailing market conditions. As a non-diversified fund, it can take larger positions in select companies, offering both potential benefits and sector-specific risks. Fidelity Advisor Materials Fund - Class Z serves institutional and eligible individual investors looking for exposure to resources and industrial activity that underpin economic infrastructure and development.
Fund Family Fidelity
Category Natural Resources
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FIJFX
Share Class Class Z
Index S&P 500 TR
FIJFX had a total return of 20.19% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.80%.
