Fidelity Advisor Small Cap I

Frequently Asked Questions About FSCIX

What does FSCIX invest in?

This fund primarily invests in shares of companies with more modest market valuations, typically dedicating a minimum of 80% of its total assets to such holdings. For this specific fund, "small market capitalization" refers to firms whose size is comparable to those included in either the Russell 2000® Index or the S&P SmallCap 600® Index. Its core focus is on common equities, with the flexibility to include both U.S.-based and international businesses. The investment approach can span across 'growth' oriented companies, 'value' oriented companies, or a combination of these styles.

What is the expense ratio of FSCIX?

Fidelity Advisor Small Cap I (FSCIX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSCIX?

Fidelity Advisor Small Cap I (FSCIX) manages $4.20B 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 FSCIX actively managed or an index fund?

FSCIX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FSCIX's is 0.95%) because there's no security selection cost.

When was FSCIX launched?

Fidelity Advisor Small Cap I (FSCIX) launched in September 1998 and is managed by Fidelity.

How has FSCIX performed?

FSCIX'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.