Guide to Fidelity OTC K Fund (FOCKX)
Fidelity OTC K (FOCKX) a Zacks Rank #1 (Strong Buy) seeks capital appreciation. The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities principally traded on NASDAQ or an over-the-counter (OTC) market, which has more small and medium-sized companies than other markets.
This Mid Blend fund, as of the last filing, allocates their fund in three major groups; Large Growth and Small Growth. Further, as of the last filing, APPLE INC, TESLA MOTORS INC and ALPHABET INC were the top holdings for FOCKX.
The Fidelity OTC K fund, managed by Fidelity, carries an expense ratio of 0.65%. Moreover,
FOCKX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 32.07%, 3 year 16.66% and 5 year 17.80%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
FOCKX’s performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 1% over the past 3 years, and in the 1% over the past 5 years.
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