- What does FSCRX invest in?
- This fund primarily invests a significant portion of its assets, typically at least 80%, in companies that have a small market capitalization. For the purpose of this fund, such companies are generally those with market values comparable to the constituents of the Russell 2000® Index or the S&P SmallCap 600® Index. It has the flexibility to invest in both U.S. and international companies. The fund's investment approach is versatile, allowing it to focus on growth stocks, value stocks, or a combination of both. The advisor makes investment choices by conducting thorough fundamental analysis, considering elements like a company's financial stability, its position within its industry, and broader market and economic conditions.
- What is the expense ratio of FSCRX?
- Fidelity Small Cap Discovery Fund (FSCRX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FSCRX?
- Fidelity Small Cap Discovery Fund (FSCRX) manages $2.36B 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 FSCRX actively managed or an index fund?
- FSCRX 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 (FSCRX's is 0.91%) because there's no security selection cost.
- When was FSCRX launched?
- Fidelity Small Cap Discovery Fund (FSCRX) launched in September 2000 and is managed by Fidelity.
- How has FSCRX performed?
- FSCRX'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.
