Morningstar

Fidelity Growth Company K6 Fund FGKFX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Fidelity Investment Hub
  • NAV / 1-Day Return $45.08  /  −3.32 %
  • Fund Size $28.7B
  • Adjusted Expense Ratio 0.450%
  • Net Expense Ratio 0.450%
  • Fee Level: Distribution Below Average
  • Share Class Type Retirement, Large
  • Morningstar Category Large Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $0
  • Investment Status Limited
  • TTM Yield 0.00%
  • Turnover Ratio 15%
NAV and 1-Day Return as of

Morningstar’s Analysis FGKFX

Will FGKFX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGKFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGKFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FGKFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Exemplary leadership, decades of outperformance, and a watchful eye on Nvidia.

Principal Robby Greengold

Robby Greengold

Principal

Summary

Fidelity Growth Company’s long-term success owes much to the stock-picking prowess of manager Steve Wymer—and especially to his early embrace of Nvidia, whose extraordinary ascent in recent years has made it a defining force in the portfolio. With fees ranging from 0.45% to 0.55% of assets—some of the lowest price tags for an actively managed fund in the large-growth Morningstar Category—the strategy remains one of that group’s most compelling options. Two share classes have performance-based mechanisms that recently pushed down their net expense ratios.

by Robby Greengold
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FGKFX

More FGKFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

15.39 4B
Technology

Apple Inc

6.65 2B
Technology

Microsoft Corp

5.74 2B
Technology

Amazon.com Inc

4.92 1B
Consumer Cyclical

Alphabet Inc Class A

4.67 1B
Communication Services

Broadcom Inc

3.71 1B
Technology

Meta Platforms Inc Class A

2.95 829M
Communication Services

Eli Lilly and Co

2.67 751M
Healthcare

Ciena Corp

2.07 582M
Technology

Alphabet Inc Class C

1.95 547M
Communication Services

Sponsor Center