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 $3.83B 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.