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Outline of Fidelity Advisor Large Cap I Fund (FALIX)

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Fidelity Advisor Large Cap I Fund (FALIX - Free Report) seeks long-term growth of capital. This fund invests primarily in common stocks. FALIX invests the lion’s share of assets in securities of companies with large market capitalization (those with market capitalizations similar to companies in the Russell 1000 Index or the Standard and Poor's 500 Index (S&P 500)). The management also invests in 'growth' stocks or 'value' stocks, or a combination of both.

This Large Blend producthas a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 9.1% and 5 year 14.5%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.  

FALIX’s performance, as of the last filing, when compared to funds in its category was in the top 29% over the past 1 year, and in the top 45% over the past 3 years and in the top 17% over the past 5 years.

The Fidelity Advisor Large Cap I Fund, as of the last filing, allocates their fund in top two major groups; Large Value and Large Growth. Further, as of the last filing, Bank of America Corporation, Microsoft Corp and Citigroup Inc were the top holdings for FALIX.

This Zacks Rank #2 (Buy) was incepted in February 1996 and is managed by Fidelity. FALIX carries an expense ratio of 0.65% and requires a minimal initial investment of $2,500.

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