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Fidelity Climate Action Fund (FCAEX)

10.61
-0.24
(-2.21%)
As of 8:09:12 AM EDT. Market Open.

Fund Summary

The fund normally invests at least 80% of assets in equity securities of climate aware companies. Climate aware companies are those that Fidelity Management & Research Company LLC (FMR) believes are working to address climate change or its impacts either indirectly through their corporate strategy, or directly through the technology, services, or products they provide. It invests in securities of domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both.

Fidelity Climate Action Fund

Boston, MA 02109
82 Devonshire Street

Fund Overview

Category World Large-Stock Growth
Fund Family Fidelity Investments
Net Assets 34.35M
YTD Return -8.07%
Yield 0.00%
Morningstar Rating
Inception Date Jun 15, 2021

Fund Operations

Last Dividend 0.01
Last Cap Gain 9.00
Holdings Turnover 85.00%
Average for Category --

Fees & Expenses

Expense FCAEX Category Average
Annual Report Expense Ratio (net) 1.05% 1.12%
Prospectus Net Expense Ratio 1.05% --
Prospectus Gross Expense Ratio 1.40% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.37%
Max Deferred Sales Load -- 1.26%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Asher Anolic is co-manager of the VIP Growth Portfolio, which he has managed since July 2017. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Anolic has worked as a research analyst and portfolio manager. Prior to joining Fidelity Investments in 2008, Mr. Anolic worked for Bear Stearns as a research analyst.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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