Description

The Fidelity Small Cap Growth Fund primarily dedicates its assets to common equities. A substantial portion of its portfolio, specifically at least 80%, is directed towards companies classified by their small market capitalization. The fund's strategy involves identifying and investing in businesses that Fidelity Management & Research Company (FMR) believes possess robust, above-average growth prospects – what are commonly referred to as "growth stocks." Its investment scope extends to both U.S.-based and international issuers. Investment selections are made through a thorough fundamental analysis, scrutinizing elements such as each company's financial stability, its standing within its industry, and broader market and economic trends.