Fidelity Growth Discovery (FDSVX - MF report) a Zacks Ranked #2 (Buy) seeks capital appreciation. FDSVX invests normally in common stocks. FDSVX invests in securities of companies whose value it believes is not fully recognized by the public. Dividends and capital gains are distributed in August and December.
This Large Growth fund, as of the last filing, allocates their fund in three major groups; Technology, Finance, and Industrial Cyclical. Further, as of the last filing, Facebook, Apple, and Gilead Sciences were the top holdings for FDSVX.
The Fidelity Growth Discovery, managed by Fidelity, carries an expense ratio of 0.79. Moreover, FDSVX requires a minimal initial investment of $2,500.
FDSVX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 13%, 3 year 19.37%, and 5 year 17.80%. To see how this fund performed compared in its category, please click here.
FDSVX’s performance, as of the last filing, when compared to funds in its category was in the top 30% in 1 year, top 41% over the past 3 years, and in the 6% over the past 5 years.
