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Intro Guide To The Fidelity Series All-Sector Equity Fund (FSAEX)

Published 06/12/2016, 10:05 PM
Updated 07/09/2023, 06:31 AM
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Fidelity Series All-Sector Equity Fund (FSAEX) a Zacks Rank #1 (Strong Buy) was incepted in October 17, 2008 and managed by the Fidelity Group. The objective of FSAEX is to seek capital growth. FSAEX invests a major portion of its assets in equity securities of both domestic and foreign companies. FSAEX also invests in either 'growth' stocks or 'value' stocks or both.

This Global - Equity fund, as of the last filing, allocates their fund in five major groups; Large Value, Large Growth, Intermediate Bond, High Yield Bond and Small Growth. Further, as of the last filing, Alphabet (NASDAQ:GOOGL) Inc., Apple Inc (NASDAQ:AAPL). and Philip Morris International (NYSE:PM), Inc. were the top holdings for FSAEX.

The Fidelity Series All-Sector Equity fund, managed by Fidelity, carries an expense ratio of 0.73%. Moreover, FSAEX requires a minimal initial investment of $0.

FSAEX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.11% and 5 year 9.66%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

FSAEX’s performance, as of the last filing, when compared to funds in its category was in the top 14% in 1 year, top 2% over the past 3 years, and in the 5% over the past 5 years.

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