The Fidelity Small Cap Growth K6 Fund is a mutual fund that seeks long-term capital appreciation by investing primarily in small-cap companies with above-average growth prospects trading at reasonable valuations. Managed by Fidelity Investments, the fund’s strategy emphasizes stock selection within the volatile small-cap growth segment, focusing on businesses demonstrating secure competitive positions and prudent capital allocation. The portfolio is diversified across sectors such as technology, industrials, and healthcare, with notable holdings including companies like FTAI Aviation, TransMedics Group, and Super Micro Computer. The fund employs disciplined valuation and portfolio construction frameworks to manage risk and return, making stock selection its core competency. Tailored to institutional investors, the K6 share class is designed to deliver exposure to emerging, fast-growing firms, offering potential for higher returns alongside elevated volatility. The fund plays a critical role for investors seeking to participate in the dynamic small-cap segment of the U.S. equity market, often used as a component of broader asset allocation strategies focused on growth opportunities within the market’s smaller companies.