Fidelity Contrafund K

Frequently Asked Questions About FCNKX

What does FCNKX invest in?

This fund primarily allocates its capital to common equity shares. Its strategy involves identifying companies whose intrinsic value the advisor believes is not yet fully appreciated by the broader market. The portfolio may include both domestic and international enterprises. It has the flexibility to invest in either growth-oriented or value-oriented stocks, or a combination of both. Investment selection is guided by comprehensive fundamental analysis, taking into account an issuer's financial strength, its standing within its industry, and prevailing market and economic conditions.

What is the expense ratio of FCNKX?

Fidelity Contrafund K (FCNKX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FCNKX?

Fidelity Contrafund K (FCNKX) manages $189.01B 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 FCNKX actively managed or an index fund?

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

When was FCNKX launched?

Fidelity Contrafund K (FCNKX) launched in May 2008 and is managed by Fidelity.

How has FCNKX performed?

FCNKX'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.