Is fgckx a good investment?

Is fgckx a good investment?

Overall, Fidelity Growth Company K ( FGCKX ) has a neutral Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, Fidelity Growth Company K ( FGCKX ) looks like a somewhat average choice for investors right now.

What does Fidelity Contrafund invest in?

The Fund seeks to achieve its investment objective by investing in securities of companies whose value it believes is not fully recognized by the public. The Fund normally invests primarily in common stocks and may invest in both domestic and foreign issuers.

What is Fbgrx fidelity?

Designed for investors who anticipate retiring in or within a few years of the fund’s target retirement year at or around age 65. Investing in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds (underlying Fidelity funds).

Is Fidelity Contrafund still good?

Overall, Fidelity Contrafund ( FCNTX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, Fidelity Contrafund ( FCNTX ) looks like a good potential choice for investors right now.

What happened Fidelity Contrafund?

Ford to drop Fidelity Contrafund from employee retirement investment options. Ford Motor said it was dropping Contrafund as an investment option in its employee retirement accounts, pulling an estimated $900 million from Fidelity Investments’ flagship mutual fund.

What is a good expense ratio?

High and Low Ratios A good expense ratio, from the investor’s viewpoint, is around 0.5% to 0.75% for an actively managed portfolio. An expense ratio greater than 1.5% is considered high.

Should I invest Fidelity Contrafund?

The Contrafund is considered an outstanding core holding for long-term, growth-oriented investment portfolios. Due to the fund’s exposure to domestic large-cap growth stocks, it should not make up the majority of an investor’s portfolio.

Is Fidelity Contrafund still closed to new investors?

Fund Closed to New Accounts: This fund is closed to new investors.

Is Contrafund closed to new investors?

Is 1 expense ratio too high?

A good expense ratio, from the investor’s viewpoint, is around 0.5% to 0.75% for an actively managed portfolio. An expense ratio greater than 1.5% is considered high.

How are expense ratios paid?

An expense ratio is an annual fee expressed as a percentage of your investment — or, like the term implies, the ratio of your investment that goes toward the fund’s expenses. If you invest in a mutual fund with a 1% expense ratio, you’ll pay the fund $10 per year for every $1,000 invested.