5 / 5 Stars
5 5 4 4 1
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#21 in Large Growth
U.S. News evaluated 463 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 30.76 percent over the past year, 18.04 percent over the past three years, 19.62 percent over the past five years, and 9.06 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||28.5%|
|3 Years (Annualized)||18.0%|
|5 Years (Annualized)||19.6%|
|10 Years (Annualized)||9.1%|
The investment seeks capital appreciation. The fund normally invests in common stocks. The advisor identifies early signs of long-term changes in the marketplace and focusing on those companies that may benefit from opportunities created by these changes by examining technological advances, product innovation, economic plans, demographics, social attitudes, and other factors, which can lead to investments in small and medium-sized companies. It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both.
Fees are Average compared to funds in the same category.
Fidelity New Millennium Fund has an expense ratio of 0.96 percent.
Risk is Average compared to funds in the same category according to Morningstar.