About FNARX
The Fidelity Natural Resources Fund is an equity mutual fund focused on companies engaged in the ownership, development, or support of natural resources. Its primary objective is capital appreciation, achieved by investing at least 80% of assets in firms related to sectors such as energy, mining, precious metals, and other natural resources industries. The fund typically holds a concentrated portfolio, with a significant portion allocated to large-cap energy names, while also maintaining positions in basic materials and precious metals producers. Through a research-driven, actively managed approach, the fund aims to identify stocks that are potentially undervalued due to shifting commodity prices, technological developments, or evolving supply and demand dynamics within the sector. The Fidelity Natural Resources Fund plays a role in offering targeted exposure to the natural resources space, a key component of global economic infrastructure, providing investors with a means to participate in commodity-driven market cycles and trends across multiple regions and industries.
Fund Family Fidelity
Category Equity Energy
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FNARX
Index S&P 500 TR
FNARX had a total return of 62.48% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.64%.
