
Fidelity New Millennium Fund (FMILX)
FMILX Price Chart
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FMILX Fund Profile
Key details and information about Fidelity New Millennium Fund (FMILX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
28 Dec 1992
Country
US
Website
www.institutional.fidelity.comDescription
The Fidelity New Millennium Fund strives to generate capital appreciation for its investors. It primarily allocates its assets to common stocks. The fund's strategy involves the advisor actively discerning early indicators of major, enduring shifts across various markets. This is achieved by thoroughly analyzing elements like technological advancements, new product developments, economic forecasts, population demographics, and changing societal values. The ultimate goal is to pinpoint and invest in companies, frequently those of small to medium size, that are strategically positioned to benefit from the emerging opportunities these transformations create. The fund's holdings may encompass either growth-oriented stocks, value-focused stocks, or a blend of both.
FMILX Fund Performance
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