Fidelity Growth Discovery Fund

Frequently Asked Questions About FGDKX

What does FGDKX invest in?

This investment vehicle predominantly allocates its capital to common equities. Its strategy focuses on identifying and acquiring stakes in companies that the management team believes offer strong potential for future expansion, commonly referred to as "growth" stocks. The fund's portfolio encompasses both domestically based and international enterprises. Investment selections are meticulously made using fundamental analysis, which assesses elements such as each issuer's financial health, its competitive position within its industry, and the prevailing market and economic conditions.

What is the expense ratio of FGDKX?

Fidelity Growth Discovery Fund (FGDKX) charges an expense ratio of 0.54%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FGDKX?

Fidelity Growth Discovery Fund (FGDKX) manages $6.87B 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 FGDKX actively managed or an index fund?

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

When was FGDKX launched?

Fidelity Growth Discovery Fund (FGDKX) launched in May 2008 and is managed by Fidelity.

How has FGDKX performed?

FGDKX'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.