Is the Fidelity Contrafund closed to new investors?

Fund Closed to New Accounts: This fund is closed to new investors.

Correspondingly, Did the Fidelity Contrafund split? Fidelity Investments is moving ahead with a 10-to-1 split of shares at some of its most popular funds, including its Contrafund flagship fund, after putting the move on pause for two months following technical issues. After the close of markets this Friday, 13 Fidelity funds and share classes will undergo the splits.

When did the Fidelity Contrafund split? FCNTX – Fidelity Contrafund Fund

Date Open Low
Sep 01, 2018 14.06 13.80
Aug 10, 2018 10:1 Stock Split
Aug 01, 2018 13.51 13.51
Jul 01, 2018 13.28 13.16

Furthermore, Is Fidelity Contrafund no load?

Fidelity’s stalwart Contrafund is a member of the elite, actively managed, no-load mutual fund cohort that has beaten the returns of the S&P 500 during the past three-, five- and 10-year periods.

What does Fidelity Contrafund invest in?

The Fund seeks to achieve its investment objective by investing in securities of companies whose value it believes is not fully recognized by the public. The Fund normally invests primarily in common stocks and may invest in both domestic and foreign issuers.

Is Fidelity Contrafund a good mutual fund? Overall, Fidelity Contrafund ( FCNTX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively similar performance, average downside risk, and lower fees, Fidelity Contrafund ( FCNTX ) looks like a good potential choice for investors right now.

When did Fidelity Contrafund split? Split History

Date Ratio
Aug. 10, 2018 10:1

7 avr. 2022

Is a stock split good? A stock split is often a sign that a company is thriving and that its stock price has increased. While that’s a good thing, it also means the stock has become less affordable for investors. As a result, companies may do a stock split to make the stock more affordable and enticing to individual investors.

Is Fidelity Contrafund an index fund?

But even today, Fidelity has some top-performing mutual funds and sector funds that are worth a look for retirement investors.

Mutual Fund Ticker Expense Ratio
Fidelity 500 Index Fund FUSEX 0.09%
Fidelity Total Market Index Fund FSTMX 0.09%
Fidelity Contrafund FCNTX 0.71%
Fidelity Focused Stock Fund FTQGX 0.73%

3 oct. 2016

Is Contrafund an ETF? As of Dec. 31, 2013, Contrafund’s portfolio was 88.42 percent U.S. equities and 9.35 percent developed-market equities, with the balance mostly in cash.

ETF Replacements For Contrafund.

Benchmark Name/Fund Name Weighted Average Market Cap P/E Ratio
Contrafund 111,081,703,395 28.44
MSCI USA Investable Markets 94,334,928,254 21.03

• 24 févr. 2014

What is the benchmark for Fidelity Contrafund?

About FCNTX

As of January 21, 2022, the fund has assets totaling almost $145.37 billion invested in 390 different holdings. Contrafund is benchmarked to the S&P 500, but its sector weightings could vary.

Who runs Fidelity Contrafund? William Danoff is the single manager of the Fidelity Investments’ flagship mutual fund Contrafund. Contrafund is one of Fidelity’s largest mutual funds holding over $129 billion in assets, making it the largest single-manager mutual fund in the world.

Is Fidelity Contrafund an ETF?

Here’s the description: Fidelity Contrafund is a diversified equity fund with a large-cap growth bias.

related ETFs.

Ticker Name YTD%
IWF iShares Russell 1000 Growth ETF -12.49%
MGK Vanguard Mega Cap Growth ETF -13.61%
PWB Invesco Dynamic Large Cap Growth ETF -13.80%
RPG Invesco S&P 500 Pure Growth ETF -15.99%

• 24 févr. 2014

How much is Fidelity Contrafund?

Fidelity® Contrafund® Fund has an expense ratio of 0.81 percent.

What is the safest Fidelity fund? Fidelity 500 Index Fund (FXAIX)

Being one of the best performing and lowest cost retirement funds on Fidelity, the 10-year average annual returns are 13.97%, with a net expense ratio of 0.015%. FXAIX is the lowest-cost mutual fund that tracks the S&P 500.

Is Fidelity Contrafund a large-cap growth? Fidelity® Contrafund® is an opportunistic, diversified equity strategy with a large-cap growth bias. Philosophically, we believe stock prices follow companies’ earnings, and those companies that can deliver durable multiyear earnings growth provide attractive investment opportunities.

What is Fidelity Contrafund invested in?

The Fund seeks to achieve its investment objective by investing in securities of companies whose value it believes is not fully recognized by the public. The Fund normally invests primarily in common stocks and may invest in both domestic and foreign issuers.

Should you sell before a stock split? If you believe that a stock will continue going up after a split, you may want to sell it long enough before the split that you can buy it back before it splits. Doing this can be a good strategy if the stock is appreciated and you can sell other losses to cancel it out.

Do stocks go up after a split?

Since 1980, the shares of companies that do stock splits are typically up 25% a year later, compared to 9% for the broader market, according to a recent study by Bank of America.

Do stock splits increase value? Stock splits neither add nor subtract fundamental value. The split increases the number of shares outstanding, but the company’s overall value does not change. Immediately following the split the share price will proportionately adjust downward to reflect the company’s market capitalization.

 

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