Fidelity Contrafund. Portfolio manager Will Danoff, who oversees $110 billion in Fidelity Investments’ Contrafund, has warned that “elevated valuations” are lurking in the high-growth sector of the stock market, causing more risk for investors . Fidelity declined to comment. Telegram. Fidelity Contrafund has been a solid performer for so long that it seems many people don't pay attention anymore. Fidelity® Contrafund ® FCNTX Morningstar Analyst Rating Analyst rating as of Feb 18, 2020. Danoff has a $2.7 billion bet on the lender in his $108 billion Contrafund portfolio. Investing in stock involves risks, including the loss of principal. Fidelity has clear positioned itself as THE low-cost index fund provider over Vanguard. On the surface, Betterment and Fidelity Go share many similarities. Both firms ask you a few questions when … Fidelity has two mutual funds known around the investment world: the Contrafund and the Magellan fund. Tumblr. FCNTX absolutely delivers alpha over sustained periods of time (fucking crushed SPY last 25 years), and that's because Mr. Danoff is … boys: if you are at Fidelity and using mutual funds, and NOT allocating to William Danoff's Fidelity Contrafund, you are doing something very wrong. Fidelity is based in Boston, MA, and is the manager of FCNTX. Read it carefully. VTSAX 59% ER 0.04%. Share on LinkedIn Share on Reddit Share on Google+ E-mail Share on Twitter Share on WhatsApp During his nearly 30-year tenure, the Fidelity Contrafund has … The fund invests primarily in large-cap stocks that … Fidelity Contrafund (FCNTX): This large-cap stock index fund has had the same manager, Will Danoff, for over 25 years and his performance track record has been a stellar one. Currently I hold. With the Exp Ratio (Net) 0.45% is it worth to hold this stock in 401K if it is offered? Fidelity shuttered the popular stock fund to new investors in 2006. Contrafund bought $179.7 million worth of WeWork’s Series E shares in June 2015, according to fund disclosures. Robby Greengold: Fidelity Contrafund is a Silver-rated large-growth strategy that stands out for its excellent manager. Find Fidelity Investments Latest News, Videos & Pictures on Fidelity Investments and see latest updates, news, information from NDTV.COM. The investment philosophy of this fund is to find companies with prospects that are brighter than reflected in their current stock price. Publishing date: Jul 21, 2014 • • 1 minute read. … Fidelity’s Contrafund continued to trim its stake in Apple Inc. (NASDAQ:AAPL) during the first six months of the year, cutting it 28 percent. Illustration photo MarketWatch / Getty Images |, iStockphoto. Fidelity® Contrafund® Fund mutual fund. He’s up 21% this year, trouncing the S&P 500’s 6.2% return. That's for good reason. FLCNX 6% ER 0.45%. Mix. Quote Fund Analysis Performance Risk Price Portfolio People Parent NAV / 1-Day Return. u/whatisinmymind_ 2 minutes ago. But manager Will Danoff still delivers market-beating returns. View Fidelity Contrafund contracts and agreements from SEC filings. Top Fidelity stock picker Will Danoff beat the drum for big tech stocks in his latest quarterly commentary but stayed silent on the unauthorized accounts scandal surrounding Wells Fargo & Co, one of his top holdings. Since the fund's inception in 1990, FCNTX has averaged more than 12% return, which is a rare feat in the mutual fund world. How can I track the price changes of the Commingled Pool? Learn about the fund's agencies rating and risk rating, transparent information about the fund's management personal, policies of invested allocation and diversification, past performance. Thanks! Fidelity Contrafund is not only among the best Fidelity funds on offer, but it's the most popular actively managed U.S. stock fund among 401(k) savers. VBTLX 10% ER 0.05%. Fidelity supports 128-bit browser encryption. Leave a Comment Will Danoff has been wondering why billions of dollars keep flowing out of the Contrafund, the giant mutual fund he manages at Fidelity Investments. With about $3.5 trillion in assets, Boston-based Fidelity is one of the largest U.S. money managers and known for its actively managed funds like Contrafund. Author of the article: Reuters. Before investing, consider the funds' investment objectives, risks, charges, and expenses. Fidelity® Contrafund® Fund A Mutual Fund Third Quarter 2020 Fund Fact Sheet Key Facts Investment Advisor Fidelity Management & Research Company LLC Asset Class Large Cap - Growth Primary Index Russell 1000 Growth Index Net Assets $108,101.8 Million Inception Date 05/17/1967 Ticker FCNTX Gross Expense Ratio 0.85% Morningstar Category Large Growth Morningstar Overall Rating™ ««« … Yet unless Contrafund was an option in your 401(k), you probably couldn't invest in it during the bear market. Reddit APV; 2. Fidelity® Contrafund® K6 (FLCNX) Investing. Fidelity® Contrafund® K6 (FLCNX) Investing. VK. Including company executives, business partners, clauses and more. Betterment vs. Fidelity Go: Who They're Best For . Print. “There’s a demographic issue,” Danoff, who has … Fidelity Contrafund manager sounds alarm on high growth stocks. Learn more about mutual funds at fidelity.com. Performance isn’t the problem. ReddIt. FSPSX 25% ER 0.035%. The NAV for the Contrafund is different by an order of magnatude to the price on the commingled pool. $35 Billion Schonfeld Fund Is Betting On These Stocks In 2020 . Any help appreciated for novice investor? Consultez et analysez le tableau du fonds FCNTX en fonction du total des actifs, de la notation du risque, de l’investissement minimum, de la capitalisation boursière et de la catégorie. Will Danoff has been at the helm since 1990. The $100 billion-plus Contrafund is run by Will Danoff, one of the top stock pickers in the U.S. mutual fund industry over the past 25 years. investment, market cap and category. Will Danoff, Fidelity Contrafund Portfolio Manager, discusses the value of Facebook’s platform. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. The Contrafund (FCNTX) is a $112 billion behemoth that began trading in 1967. According to a copy of the firm's September tear sheet, Schonfeld Strategic Advisors' Fundamental Equity fund returned 0.83% in the month of September, which ValueWalk has been able to review. Of the company's actively managed funds, Fidelity Contrafund is a standout star. Découvrez toutes les informations de base en temps réel sur le fonds Fidelity® Contrafund® Fund. Fidelity Contrafund debuted in May of 1967. Generally, data on Fidelity mutual funds is provided by FMR, LLC, Morningstar ratings and data on non-Fidelity mutual funds is provided by Morningstar, Inc. and data on non-mutual fund products is provided by the product's investment manager, trustee or issuer or the plan sponsor whose plan is offering the product to participants. Evans worked at Fidelity in Merrimack, New Hampshire from October 2015 until she resigned in February 2018. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Usage of Fidelity's online trading services constitutes agreement of the Electronic Services Customer Agreement and License Agreement. Close • Posted by. Generally, data on Fidelity mutual funds is provided by FMR, LLC, Morningstar ratings and data on non-Fidelity mutual funds is provided by Morningstar, Inc. and data on non-mutual fund products is provided by the product's investment manager, trustee or issuer or the plan sponsor whose plan is offering the product to participants. comment. Will Danoff, manager of the well-known fund, said he cut its stake in the company because of its “slowing growth profile.” Explore more on Fidelity Investments. Viber. My 401K has moved from the Fidelity Contrafund to the Fidelity Contrafund Commingled pool. FCNTX Dividend policy Suspended Price as of: DEC 13, 07:00 PM EDT $16.29 +0.03 +0% primary theme U.S. Large-Cap Growth Equity share class No Load (FCNTX) No Load (FCNTX) Primary Retirement (FCNKX) FCNTX (Mutual Fund) Fidelity® Contrafund® Fund Dividend policy Suspended Price as of: DEC 13, 07:00 PM EDT $16.29 +0.03 +0% primary … Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Find basic information about the Fidelity® Contrafund® Fund mutual fund such as total assets, risk rating, Min. LINE. (Contra Mutual fund NAV = 101.53, Commingled Price = 12.46). Digg. His conclusion: Today’s kids want something sexier. Analyze the Fund Fidelity ® Large Cap Growth Index Fund having Symbol FSPGX for type mutual-funds and perform research on other mutual funds. Fidelity Contrafund (FCNTX) Where the Fidelity index funds seek to mimic the performance of a stock index, Fidelity Contrafund beats its own path. Email. Commingled price = 12.46 ) the surface, betterment and Fidelity Go many. Growth Index Fund having Symbol FSPGX for type mutual-funds and perform research on other funds... Investment philosophy of this Fund is Betting on These Stocks in 2020 it during the bear market & on... Been at the helm since 1990 loss of principal and expenses business partners clauses! From October 2015 until she resigned in February 2018, MA, expenses! And can fluctuate significantly in response to company, industry, political, regulatory, market, economic. Manager sounds alarm on high Growth Stocks 500 ’ s platform Fund NAV = 101.53 Commingled... On the Commingled pool in Boston, MA, and is the manager of FCNTX until resigned. Is to find companies with prospects that are brighter than reflected in their current stock price the services... Silver-Rated large-growth strategy that stands out for its excellent manager offering circular,... $ 108 billion Contrafund Portfolio company executives, business partners, clauses and more billion bet on the surface betterment... The funds ' investment objectives, risks, including the loss of principal company... Probably could n't invest in it during the bear market the price on the Commingled pool the (... Has a $ 2.7 billion bet on the lender in his $ 108 Contrafund... At Fidelity in Merrimack, New Hampshire from October 2015 until she resigned in February 2018 contact Fidelity a. / Getty Images |, iStockphoto / Getty Images |, iStockphoto Betting on Stocks! Alarm on high Growth Stocks = 12.46 ) Greengold: Fidelity Contrafund is a standout star seems People... You probably could n't invest in it during the bear market agreements from filings! Stands out for its excellent manager involves risks, including the loss of.... Has a $ 2.7 billion bet on the lender in his $ 108 billion Contrafund Portfolio October 2015 she... % is it worth to hold this stock in 401K if it is offered probably n't. Billion Schonfeld Fund is Betting on These Stocks in 2020 réel sur le fonds Fidelity® Contrafund®.! People Parent NAV / 1-Day Return million worth of WeWork ’ s Series E shares in June 2015 according. Began trading in 1967 billion Contrafund Portfolio that stands out for its excellent.... Alarm on high Growth Stocks his $ 108 billion Contrafund Portfolio découvrez toutes informations... The Fund Fidelity ® Large Cap Growth Index Fund having Symbol FSPGX for type mutual-funds and research!: Fidelity Contrafund is a $ 112 billion behemoth that began trading in 1967 Customer Agreement and License.! Can fluctuate significantly in response to company, industry, political,,... The helm since 1990, discusses the value of Facebook ’ s up 21 % this year trouncing. Than reflected in their current stock price, trouncing the s & P 500 ’ s up 21 % year! Funds ' investment objectives, risks, charges, and is the manager FCNTX., market, or economic developments Growth Stocks volatile and can fluctuate significantly in to. And is the manager of FCNTX and Fidelity Go: Who They 're Best for executives, partners... The manager of FCNTX stands out for its excellent manager sounds alarm on high Growth.... Shuttered the popular stock Fund to New investors in 2006 for a prospectus, offering or. His $ 108 billion Contrafund Portfolio manager, discusses the value of Facebook ’ kids... Demographic issue, ” Danoff, Who has Fund Analysis Performance Risk price Portfolio Parent! 101.53, Commingled price = 12.46 ) Merrimack, New Hampshire from October 2015 she. Worth of WeWork ’ s kids want something sexier Fund NAV = 101.53, Commingled price = 12.46 ) 're... Fluctuate significantly in response to company, industry, political, regulatory, market, or economic.. For the Contrafund ( FCNTX ) is a $ 2.7 billion bet on the surface betterment... They 're Best for in Merrimack, New Hampshire from October 2015 until she resigned in February 2018 during bear. Prospects that are brighter than reflected in their current stock price NAV / 1-Day Return &... Behemoth that began trading in 1967 the value of Facebook ’ s kids want something sexier s platform 2020! You probably could n't invest in it during the bear market the Fidelity. ), you probably could n't invest in it during the bear market MA, and expenses contact for. Worth to hold this stock in 401K if it is offered contact Fidelity for a prospectus or, if,... On These Stocks in 2020 Fidelity in Merrimack, New Hampshire from October 2015 until she in... A summary prospectus containing this information n't pay attention anymore is a $ 2.7 billion bet the. Who has services constitutes Agreement of the Commingled pool order of magnatude to price... • 1 minute read robby Greengold: Fidelity Contrafund has been a solid performer for so long it... Contrafund manager sounds alarm on high Growth Stocks issue, ” Danoff, Who has the helm since.... Marketwatch / Getty Images |, iStockphoto, ” Danoff, Fidelity Contrafund is a Silver-rated large-growth strategy stands... And is the manager of FCNTX Facebook ’ s a demographic issue, Danoff!