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Quick Guide to Fidelity K Fund (FFDKX)

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Fidelity K (FFDKX - Free Report) a Zacks Rank #2 (Buy) was incepted in May 2008. FFDKX seeks capital appreciation over the long run. FFDKX primarily invests in common stocks of companies. FFDKX may also invest in debt securities including those rated below investment grade. FFDKX uses a blend strategy to invest in securities of companies throughout the globe.

This fund, as of the last filing, allocates their fund in five major groups; Large Growth, Large Value, Intermediate Bond, Small Value and Foreign Stock. Further, as of the last filing, Alphabet, Facebook and Berkshire Hathaway were the top holdings for FFDKX.

Fidelity K, managed by Fidelity, carries an expense ratio of 0.41%. Moreover, FFDKX requires a minimal initial investment of $0.

FFDKX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 1.73%, 3 year 8.00% and 5 year 12.03%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

FFDKX’s performance, as of the last filing, when compared to funds in its category was in the top 65% in 1 year, top 12% over the past 3 years, and in the 38% over the past 5 years.

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