FANIX (Fidelity Advisor Energy Fund) is no longer actively trading.
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This fund primarily allocates its investments to common stocks. Typically, a substantial 80% or more of its assets are committed to securities of companies fundamentally involved in the energy industry. This scope includes established areas such as oil, natural gas, electricity, and coal, as well as emerging sources like nuclear, geothermal, oil shale, and solar power. The fund holds stakes in both domestic and international issuers. Its investment decisions are shaped by fundamental analysis, scrutinizing factors like each issuer's financial stability and market position, alongside prevailing market and economic conditions. This is a non-diversified fund.
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