Fidelity® Independence

Snapshot

Compare

Profile

Performance

FDFFX - Snapshot

Vitals

YTD Return 22.7%
3 Yr Annualized Return 13.4%
5 Yr Annualized Return 12.0%
Net Assets $4 B
Holdings in Top 10 34.2%

52 WEEK LOW AND HIGH

$44.64

$27.25

$46.50

Expenses

OPERATING RELATED FEES

Expense Ratio 0.67%

SALES FEES

Front Load N/A
Deferred Load N/A

BROKERAGE FEES

Turnover 100.00%

TRADING FEES

Max Redemption Fee N/A

Min Investment

Standard (Taxable) $0
IRA $2,500

Fund Classification

Primary Theme
U.S. Large-Cap Growth Equity
Fund Type Open End Mutual Fund
Investment Style Large Growth

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

American Funds The Growth Fund of America®

Fund

$66.12

+1.38%

$218.07 B

0.58%

$0.38

29.32%

Invesco QQQ Trust

QQQ | ETF

$294.47

+1.41%

$129.99 B

0.56%

$1.63

39.35%

Vanguard Growth Index Fund

VUG | ETF

$240.41

+1.14%

$125.92 B

0.56%

$1.32

32.72%

Vanguard Growth Index Fund

Fund

$123.80

+1.15%

$125.92 B

$0.00

31.88%

Fidelity® Contrafund® Fund

Fund

$17.36

+0.99%

$124.79 B

$0.00

26.62%

FDFFX - Profile

Distributions

YTD Total Return 22.7%
3 Yr Annualized Total Return 13.4%
5 Yr Annualized Total Return 12.0%
Capital Gain Distribution Frequency Annually
Net Income Ratio 0.54%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency Annually

Fund Details

Legal Name

Fidelity® Independence Fund
Fund Family Name

Fidelity Investments
Inception Date

Mar 25, 1983
Shares Outstanding

N/A
Share Class

No Load
Currency

USD
Domiciled Country

United States
Manager

Sammy Simnegar

Fund Description

The fund invests primarily in common stocks. It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments.

FDFFX - Performance

Return Ranking - Trailing

Period	FDFFX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	22.7%	-68.4%	124.1%	67.24%
1 Yr	21.7%	-9.0%	135.4%	64.48%
3 Yr	13.4%*	-3.8%	41.0%	69.56%
5 Yr	12.0%*	-10.6%	33.4%	78.93%
10 Yr	12.3%*	5.1%	22.1%	83.39%

* Annualized

Return Ranking - Calendar

Period	FDFFX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	18.7%	-28.8%	76.0%	78.88%
2018	-17.3%	-64.5%	10.6%	79.21%
2017	11.4%	-68.7%	64.3%	84.30%
2016	-6.9%	-56.6%	15.3%	83.23%
2015	-6.7%	-82.5%	11.4%	71.53%

Total Return Ranking - Trailing

Period	FDFFX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	22.7%	-68.4%	124.1%	67.16%
1 Yr	21.7%	-12.7%	133.0%	59.61%
3 Yr	13.4%*	-5.7%	41.0%	67.95%
5 Yr	12.0%*	-11.6%	33.4%	77.39%
10 Yr	12.3%*	5.1%	22.1%	82.28%

* Annualized

Total Return Ranking - Calendar

Period	FDFFX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	18.7%	-28.8%	76.0%	79.04%
2018	-17.3%	-64.5%	16.5%	86.22%
2017	26.4%	-24.8%	64.3%	46.76%
2016	-1.2%	-56.6%	17.1%	76.12%
2015	-6.2%	-38.0%	17.3%	87.49%

NAV & Total Return History

FDFFX - Holdings

Concentration Analysis

	FDFFX	Category Low	Category High	FDFFX % Rank
Net Assets	4 B	10.3 K	218 B	32.37%
Number of Holdings	73	1	2364	44.27%
Net Assets in Top 10	1.43 B	425 K	89.8 B	35.35%
Weighting of Top 10	34.21%	10.5%	100.0%	85.69%

Top 10 Holdings

Apple Inc 7.27%
Microsoft Corp 6.52%
Amazon.com Inc 5.72%
Facebook Inc A 2.98%
Procter & Gamble Co 2.03%
Visa Inc Class A 1.99%
NVIDIA Corp 1.95%
NVIDIA Corp 1.95%
NVIDIA Corp 1.95%
NVIDIA Corp 1.95%

Asset Allocation

	Weighting	Return Low	Return High	FDFFX % Rank
Stocks	98.63%	48.25%	116.73%	58.19%
Cash	1.34%	-12.08%	51.74%	37.91%
Other	0.03%	-17.43%	18.94%	19.36%
Preferred Stocks	0.00%	0.00%	2.39%	61.65%
Convertible Bonds	0.00%	0.00%	6.97%	58.22%
Bonds	0.00%	-0.42%	9.62%	58.99%

Stock Sector Breakdown

	Weighting	Return Low	Return High	FDFFX % Rank
Technology	30.80%	0.00%	53.57%	57.41%
Healthcare	13.51%	0.00%	69.42%	60.92%
Communication Services	11.29%	0.00%	67.67%	65.08%
Financial Services	11.25%	0.00%	41.61%	36.74%
Consumer Cyclical	9.13%	0.00%	48.24%	93.57%
Consumer Defense	6.79%	0.00%	19.68%	13.88%
Industrials	5.94%	0.00%	29.16%	42.29%
Real Estate	5.85%	0.00%	23.28%	2.41%
Basic Materials	3.27%	0.00%	13.33%	11.54%
Utilities	2.18%	0.00%	11.79%	9.06%
Energy	0.00%	0.00%	19.81%	74.51%

Stock Geographic Breakdown

	Weighting	Return Low	Return High	FDFFX % Rank
US	96.64%	46.80%	116.11%	29.73%
Non US	1.99%	0.00%	36.31%	68.01%

FDFFX - Expenses

Operational Fees

	FDFFX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	0.67%	0.01%	23.28%	80.68%
Management Fee	0.52%	0.00%	1.50%	27.96%
12b-1 Fee	N/A	0.00%	1.00%	N/A
Administrative Fee	N/A	0.01%	1.02%	N/A

Sales Fees

	FDFFX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Front Load	N/A	0.50%	8.50%	N/A
Deferred Load	N/A	1.00%	5.50%	N/A

Trading Fees

	FDFFX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Max Redemption Fee	N/A	0.50%	2.00%	N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

	FDFFX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Turnover	100.00%	0.00%	464.00%	88.12%

FDFFX - Distributions

Dividend Yield Analysis

	FDFFX	Category Low	Category High	FDFFX % Rank
Dividend Yield	0.00%	0.00%	17.98%	59.61%

Dividend Distribution Analysis

	FDFFX	Category Low	Category High	Category Mod
Dividend Distribution Frequency	Annually	Annually	Quarterly	Annually

Net Income Ratio Analysis

	FDFFX	Category Low	Category High	FDFFX % Rank
Net Income Ratio	0.54%	-8.87%	2.43%	22.41%

Capital Gain Distribution Analysis

	FDFFX	Category Low	Category High	Capital Mode
Capital Gain Distribution Frequency	Annually	Annually	Annually	Annually

Dividend Payout History

Date	Amount
Dec 27, 2018	$0.221
Dec 27, 2017	$0.405
Dec 28, 2016	$0.184
Dec 15, 2014	$0.043
Dec 16, 2013	$0.110
Dec 28, 2012	$0.004
Dec 17, 2012	$0.045
Dec 19, 2011	$0.058
Dec 14, 2009	$0.033
Dec 15, 2008	$0.085
Dec 18, 2006	$0.100
Dec 19, 2005	$0.040
Jan 10, 2005	$0.010
Dec 20, 2004	$0.100
Dec 22, 2003	$0.100
Dec 23, 2002	$0.210
Dec 24, 2001	$0.200
Dec 26, 2000	$0.080
Dec 20, 1999	$0.050
Dec 21, 1998	$0.140
Dec 23, 1996	$0.261

View More +

FDFFX - Fund Manager Analysis

Managers

Sammy Simnegar

Start Date

Tenure

Tenure Rank

Feb 22, 2019

1.69

1.7%

Sammy Simnegar is a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.

Tenure Analysis

Category Low	Category High	Category Average	Category Mode
0.01	52.87	7.78	0.83

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Fidelity® Independence

FDFFX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

FDFFX - Profile

Distributions

Fund Details

Fund Description

FDFFX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

FDFFX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

FDFFX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

FDFFX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

FDFFX - Fund Manager Analysis

Managers

Sammy Simnegar

Tenure Analysis

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