Fidelity Contrafund Fund K (FCNKX) seeks capital appreciation. FCNKX primarily invests in common stocks of both U.S. as well as non-U.S. companies. The fund invests in either "growth" stocks or "value" stocks or in both.
This Large Blend product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.5% and 5 year 11.9%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FCNKX’s performance, as of the last filing, when compared to funds in its category was in the top 26% over the past 1 year, and in the top 8% over the past 3 years and in the top 46% over the past 5 years.
The Fidelity Contrafund Fund K, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Foreign Stock. Further, as of the last filing, Alphabet (NASDAQ:GOOGL) Inc, Facebook Inc (NASDAQ:FB) and Berkshire Hathaway (NYSE:BRKa) Inc Cl were the top holdings for FCNKX.
This Zacks Rank #1 (Strong Buy) was incepted in May 2008 and is managed by Fidelity. FCNKX carries an expense ratio of 0.58% and requires a minimal initial investment of $0.
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Zacks Investment Research