Fidelity Small Cap Discovery Fund (FSCRX)

Fidelity Small Cap Discovery Fund (FSCRX) is a popular U.S. stock mutual fund. This Fidelity fund invests mainly in equity of small market capitalizations companies. The companies are similar to those companies with market capitalizations similar to companies in the Russell 2000 Index or the S&P SmallCap 600 Index.

This domestic stock fund has a yield of 0.25%. Its expense fee is 1.01%. This fund has no sales load. The portfolio turnover rate is only 17%. With assets of $6.1 billion, the fund manager is Charles L. Myers.

FSCRX Fund Profile

• Fund Inception Date: 09/26/2000
• Ticker Symbol: FSCRX
• CUSIP: 315912600
• Beta (3yr): 1.08
• Rank in category (YTD): 46%
• Category: Small Blend
• Distribution Yield: 0.25%
• Capital Gains: -
• Expense Ratio: 1.01%
• Net Assets: $ 6.1 billion
• Number of Years Up: 11 years
• Number of Years Down: 3 years
• Annual Turnover Rate: 17%

Fidelity Small Cap Discovery Fund Performance

Morningstar has ranked this Fidelity mutual fund with 5 star and gold rating. This mutual fund has a 3 year annualized return of 18.67%. It has returned 10.62% over the past 1 year, and 15.90% over the past 5 year. Past 5 years performance:

• Year 2015: 1.76% (YTD)
• Year 2014: 7%
• Year 2013: 38.22%
• Year 2012: 24.03%
• Year 2011: 0.36%

The top 5 stocks in its portfolio are Aaron's Inc, TCF Financial Corp, Federated Investors, Inc. Class B, Brunswick Corp, and FTI Consulting Inc. Top 3 sectors are financial services, industrials, and technology.

More: Best Fidelity Mutual Funds

Investing in this mutual fund involve risks. The investment risks are stock market risk, foreign market risk, small companies’ risk, interest rate risk, etc.

Pros:

• Fidelity Small Cap Discovery Fund has no sales load.
• The fund performance has been consistent for the past 5 years.

Cons:

• None

More:

• Top Performer Small Blend Mutual Funds 2012
• Vanguard Small Cap Index Fund (NAESX)