- What does FARMX invest in?
- This fund is designed to commit a significant portion of its holdings, specifically at least 80% of its capital, to companies actively involved in boosting agricultural output. Its investment strategy primarily focuses on equity securities. The scope of eligible businesses is broad, encompassing sectors such as the manufacturing of farm equipment and components, irrigation systems, agricultural efficiency solutions and support services, agri-science and biotechnology, fertilizers, pesticides and other crop protection agents, seed development, specialized crop chemicals, agricultural product processing, prepared food production, aquatic farming, and services for livestock. It is important to note that this investment vehicle is classified as non-diversified.
- What is the expense ratio of FARMX?
- Fidelity Agricultural Productivity Fund (FARMX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FARMX?
- Fidelity Agricultural Productivity Fund (FARMX) manages $45.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FARMX actively managed or an index fund?
- FARMX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FARMX launched?
- Fidelity Agricultural Productivity Fund (FARMX) launched in April 2020 and is managed by Fidelity.
- How has FARMX performed?
- FARMX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
