Fidelity Blue Chip Growth Fund K ( FBGKX ) seeks capital appreciation for the long run. FBGKX invests the lion’s share of its assets in blue chip companies. The fund invests in companies which are believed to have above-average growth potential. The fund invests in securities of U.S. as well as non-U.S. issuers.
This Large Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 12.9% and 5 year 18%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
FBGKX’s performance, as of the last filing, when compared to funds in its category was in the top 2% over the past 1 year, and in the top 3% over the past 3 years and in the top 1% over the past 5 years.
Fidelity Blue Chip Growth Fund K, as of the last filing, allocates its fund in three markets: Large Growth, Emerging Market and Small Value. Further, as of the last filing, Alphabet Inc, Apple Inc and Amazon.Com Inc were the top holdings for FBGKX.
This Zacks Rank #1 (Strong Buy) was incepted in May 2008 and is managed by Fidelity . FBGKX carries an expense ratio of 0.70% and requires a minimal initial investment of $0.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.