Fidelity Disruptive Technology Fund (FTEKX) Research
This fund's primary objective is to achieve substantial long-term growth for investors' capital. To accomplish this, it typically commits at least 80% of its total assets to companies pioneering disruptive technologies. The portfolio is predominantly composed of equity securities, meaning investments in company stocks. These are firms that, in the judgment of the Adviser, are at the forefront of innovation across various fields. This encompasses areas such as advanced data analytics (big data), artificial intelligence and machine learning, cloud computing and Software as a Service (SaaS), cybersecurity, e-commerce and consumer digital platforms, ride-sharing services, and next-generation hardware. The fund is not confined to specific industries; it has the flexibility to invest in companies operating within any economic sector as it pursues this theme. Finally, as a non-diversified fund, it may concentrate its holdings in a smaller number of investments.
Market snapshot
- Symbol
- FTEKX
- Price
- $13.61
- Day change
- +0.81%
- Market cap
- $101.2M
- 52-week range
- 11.4-13.61
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- American Beacon Mid-Cap Value Fund (ABMAX)
- Center Coast Brookfield MLP & Energy Infrastructure Fund (CEN)
- Eaton Vance Tax-Managed Buy-Write Strategy Fund (EXD)
- Fidelity Disruptive Automation Fund (FBOTX)
- Nuveen Emerging Markets Debt 2022 Target Term Fund (JEMD)
- Nuveen Georgia Quality Municipal Income Fund (NKG)
- NXG NextGen Infrastructure Income Fund (NXG)
- Tortoise Pipeline & Energy Fund, Inc. (TTP)
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