Description

The fund primarily focuses its investments on equity shares. Typically, at least 80% of its portfolio is allocated to "blue chip" corporations, which Fidelity Management & Research Company LLC (FMR) defines as reputable, well-established, and financially robust companies, generally characterized by significant or mid-range market capitalizations. Its holdings include securities issued by both domestic and international entities. Investment selections are made using a thorough fundamental analysis, assessing factors like an issuer's financial health, industry standing, and prevailing market and economic conditions.