FNIAX Fund Profile
- Fund Inception Date: 07/31/2003
- Ticker Symbol: FNIAX
- CUSIP: 316071208
- Beta (3yr): 0.96
- Rank in category (YTD): 55%
- Category: Large Growth
- Distribution Yield: 0%
- Capital Gains: -
- Expense Ratio: 0.94%
- Net Assets: $ 27.9 billion
- Number of Years Up: 8 years
- Number of Years Down: 2 year
- Annual Turnover Rate: 79%
Fidelity Advisor New Insights Fund Performance
This large growth fund has no dividend yield. The fund managers are William Danoff and John D. Roth. The current total assets are $27.9 billion. The expense ratio fee is 0.94%. This class A fund has a sales load of 5.75%. The current share price is $28.31.Morningstar has ranked this Fidelity Advisor New Insights Fund with 4 stars and silver rating. In 2014, the year-to-date return is 7.87%. This Fidelity fund has returned 17.47% over the past 3 years, and 15.59% over the past 5 years.
How to Buy
You can buy this mutual fund with $2,500 initial funding for your investment brokerage account or $500 for IRA (individual retirement account). There are 109 brokerages offered this fund including Fidelity Investment, E TRADE Financial, Merrill Lynch, Schwab, TD Ameritrade, JP Morgan NTF, etc.More: Best Fidelity Mutual Funds
Other classes of this fund are:
- Fidelity Advisor New Insights B (FNIBX)
- Fidelity Advisor New Insights C (FNICX)
- Fidelity Advisor New Insights I (FINSX)
- Fidelity Advisor New Insights T (FNITX)
- Fidelity Advisor New Insights Z (FZANX)
Top FNIAX Holdings
As of November 2014, the top 5 stocks in its portfolio are Microsoft Corp (MSFT), Wells Fargo & Co (WFC, Facebook Inc Class A (FB), Gilead Sciences Inc (GILD), and Bank of America Corporation (BAC). Top 3 sectors are financial services, technology, and healthcare.Pros:
- Fidelity Advisor New Insights Fund has good performance for the past years.
- It is highly recommended by Morningstar.
- It has a high expense fee
- Class A also has a high sales load.
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