Fidelity Advisor Technology I

Frequently Asked Questions About FATIX

What does FATIX invest in?

The fund normally invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.

What is the expense ratio of FATIX?

Fidelity Advisor Technology I (FATIX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FATIX?

Fidelity Advisor Technology I (FATIX) manages $9.18B 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 FATIX actively managed or an index fund?

FATIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FATIX launched?

Fidelity Advisor Technology I (FATIX) launched in August 1996 and is managed by Fidelity.

How has FATIX performed?

FATIX'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.