Should You Invest in Fidelity Advisor New Insights A (FNIAX) Fund? - Best of Funds
Fidelity Advisor New Insights A (FNIAX) a Zacks Ranked #2 (Buy) seeks capital growth. FNIAX normally invests its assets in common stocks. FNIAX invest its assets in securities of domestic and foreign issuers. Fidelity Advisor New Insights A invests its assets in securities of companies whose value it believes is not fully recognized by the public. Dividends and capital gains, if any, are distributed in February and December.
This Global - Equity fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value, Small Growth. Further, as of the last filing, Facebook Inc, Wells Fargo & Co and Microsoft Corp were the top holdings for FNIAX.
The Fidelity Advisor New Insights A fund, managed by Fidelity, carries an expense ratio of 0.92, but it does come with a 0.48% management fee. Moreover, FNIAX requires a minimal initial investment of $2,500.
FNIAX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.41%, 3 year 14.49%, and 5 year 13.81%. To see how this fund performed compared in its category, please click here.
FNIAX’s performance, as of the last filing, when compared to funds in its category was in the top 11% in 1 year, top 17% over the past 3 years, and in the 11% over the past 5 years.
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