• Fidelity Advisor Communications Equipment Fund

Fidelity Investments

  • US
  • Science/Technology

Fidelity Advisor Communications Equipment Fund

FDMAX

Summary

The fund seeks capital appreciation by investing in companies in the United States.

The investment process is designed to highlight companies that are principally engaged in the development, manufacture, or sale of communications equipment.

Next, the research team evaluates a company’s financial condition and industry position, as well as market and economic conditions.

Then the manager constructs a portfolio of stocks from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.

The fund has the flexibility to invest in domestic and foreign More

Price

Last Close

$17.98 ( +0 )

52 Week HL

$18.23 - $14.02

Net Assets

$189.38 M

Expense Ratio

1.65 %

Sector Allocation

Apr 06, 2021

Top 10 Holdings

May 28, 2021

Company Name

  • CISCO SYSTEMS
  • Motorola Solutions
  • ERICSSON CL
  • CommScope Holding
  • Juniper Networks

Holding

  • 21.6
  • 11.0
  • 10.6
  • 5.4
  • 4.5

Company Name

  • Ciena Corporation
  • CALIX NETWORKS
  • F5 Networks
  • Lumentum Holdings
  • Viavi Solutions
  • Total

Holding

  • 4.2
  • 4.1
  • 4.0
  • 3.2
  • 2.9
  • 71.5%

Manager

Name

Caroline Tall

Leadership

Single Manager

Tenure

2003

Advisor

Documents

Prospectus

Summary

Fact Sheet

Q3 2021

Q2 2021

Annual Reports

Website

Link

Performance

YTD

-

3 Year

27%

5 Year

51.72%

Best

68.7%
2003

Worst

-50.06%
2008

Returns +
Quarterly

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 - 12.3% -20.2% 16.4% 6.6% 5% 2% -0.7% 4.5% 5.3% -
Q2 - 7.3% 16.6% -5.8% 6.5% -0.2% - -3.5% 3.7% 4.1% -
Q3 - -3.9% -2.8% -5.6% 7.3% 0.9% 14.2% -9.8% -1.4% 8.8% -
Q4 - - 18.6% -1.1% -12.9% 4.1% 2.5% 0.9% 6.3% 6.8% -

Returns +
Monthly

J F M A M J J A S O N D
2022 - - - - - - - - - - - -
2021 6.1% 1.1% 4.7% 2% 4.2% 1% 1.3% -5.1% - - - -

+
Annual

    2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    0%29%16%29%-6%19%8%-1%14%29%0%

Alpha

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
FDMAX -16%7%5%3%11%19%-13%14%--
S&P 500 -29%16%29%-6%19%8%-1%14%29%-
Alpha --13%-8%-23%10%-8%11%-12%0%--

FDMAX S&P 500

Chart +