Fidelity Advisor Small Cap Growth Fund Class M

Frequently Asked Questions About FCTGX

What does FCTGX invest in?

The investment seeks capital appreciation. The fund invests primarily in common stocks. It invests at least 80% of its assets in securities of companies with small market capitalizations. The fund invests in companies that Fidelity Management & Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks). It invests in domestic and foreign issuers. The fund 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.

What is the expense ratio of FCTGX?

Fidelity Advisor Small Cap Growth Fund Class M (FCTGX) charges an expense ratio of 1.42%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FCTGX?

Fidelity Advisor Small Cap Growth Fund Class M (FCTGX) manages $9.86B 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 FCTGX actively managed or an index fund?

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

When was FCTGX launched?

Fidelity Advisor Small Cap Growth Fund Class M (FCTGX) launched in November 2004 and is managed by Fidelity.

How has FCTGX performed?

FCTGX'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.