William Danoff, Lead Manager since September 16, 1990. You aren't very well diversified by only investing in large cap, and when the market goes down large cap tends to go down the most. How safe is it to keep everything in FCNTX until I have enough in the account to rebalance things into the following asset mix: FUSVX: 60% (large cap) FSCKX: 10% (mid cap) 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. John Bogle talks a lot about the "reversion to the mean" when the rest of the market figures out whatever tricks allowed an investment manager to get ahead. Looks like you're using new Reddit on an old browser. Share your opinion and gain insight from other stock traders and investors. You can also utilize pair trading strategies of matching a long position in Fidelity Contra with a short position of SP 500. International/Global Equity. Press question mark to learn the rest of the keyboard shortcuts, https://financialengines.com/education-center/small-large-mid-caps-market-capitalization/. Just keep in mind these companies have to make a living so you probably aren't going to get as high gains as is possible but if it gives you peace of mind and enough gains then by all means do as you wish. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. He's been pretty good - over the long run he beats the S+P by almost 1% CAGR. Fidelity Contrafund (symbol FCNTX) is a mutual fund operated and provided by Fidelity Investments. Thank you. sptn 500 index inst (fxsix) 0.05%. (Contra Mutual fund NAV = 101.53, Commingled Price = 12.46). One … SS RSL SMMDCP IDX C - Mid-Cap Growth. Current and Historical Performance Performance for Fidelity Contra Fund on Yahoo Finance. Fidelity ® Contrafund ® K6 (since 5/25/2017) Fidelity Advisor ® New Insights Fund - Class C (since 7/31/2003) Fidelity ® Contrafund ® - Class K (since 9/17/1990) Fidelity ® Series Opportunistic Insights Fund - Class F (since 12/6/2012) Fidelity ® Contrafund ® Commingled Pool Class 2 (since 1/17/2014) msif mid cap grth i (mpegx) 0.71%. Fidelity supports 128-bit browser encryption. I was looking at the the list and saw that the average annual income of FID CONTRAFUND POOL is much higher than TD 2060 POOL. TRP INST LGCP CORE (TPLGX) - Large Growth. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Contrafund's AUM (assets under management) as of July 2015 total over 112 billion USD. 82 Devonshire Street. When you buy Contrafund you're betting on Will Danoff's stock picking ability. 800-544-8544. You won't make any money but at least you'll be internally consistent. Small cap indicies consistently have higher betas and more volatility in market downturns. I was looking at the the list and saw that the average annual income of FID CONTRAFUND POOL is much higher than TD 2060 POOL. Fidelity® Contrafund® Commingled Pool. The Pool invests its assets in units of Fidelity Concentrated Value Investment Trust. https://financialengines.com/education-center/small-large-mid-caps-market-capitalization/, New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. You haven't shown us the prices of those funds, so there's no way to know, but I'd read an investing book and learn the basics before gambling on one fund or another. But hey man, it is your money, put it where you think you will benefit the most. He's been pretty good - over the long run he beats the S+P by almost 1% CAGR. FCNTX has an expense ratio of 0.68% so it needs to consitently beat the index by that much to break even. Much of that 1% goes back into the fund fee, so Fidelity keeps it, not you. Yes, the last 5 years paint a different picture. If you want active management instead of passive, and you like looking at past performance to decide what you should do now, take your blinders off and shoot for the moon. Holdings information shown on this page represents the Pool’s exposure to the holdings of Fidelity Concentrated Value Investment Trust. That doesn't mean it will continue to do so. Agree. Thanks. Press question mark to learn the rest of the keyboard shortcuts. The same manager runs both funds, but the expense ratio for the commingled pool is 0.3 percent versus 1.1 percent for the retail product. FUSEX has an expense ratio of .09% for comparison. And let's not even talk about a single-stock investment in AAPL or AMZN, either of which would have trounced his performance soundly. Please contact the moderators of this subreddit if you have any questions or concerns. Fidelity Contrafund. According to present data Fidelity Contrafund's Fidelity Contrafund shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Before investing, consider the funds' investment objectives, risks, charges, and expenses. fid intl discovery k (fidkx) 0.82%. when the market goes down large cap tends to go down the most. 3 1 13. comments. Expense ratio of .43% and management fee of another .43%. I researched Target Date Funds and decided against them based on what I learned. Artisan Mid Cap Fund Institutional Class. He's also very Nasdaq/tech heavy, yet a Nasdaq index fund spanks the pants off his performance over the last 30 years. If you throw darts randomly, some will hit the bullseye, but it only matters if you were able to pick which one was going to before it was thrown. The Russell 2000 dropped nearly 10% more than the S&P 500 during the most recent recession, and that doesn't include the usually higher dividend reinvestment paid by large cap stocks. Comments. •Philosophically, we believe stock prices follow companies' earnings, and those companies that can deliver durable multiyear earnings growth provide attractive investment opportunities. Nasdaq 100 is up 69.86% since 2000. the Contrafund beats the market consistently over the long run. View Top Holdings and Key Holding Information for Fidelity Contra Fund (FCNTX). vang sm val idx inst (vsiix) 0.08%. FCNTX | A complete Fidelity Contrafund mutual fund overview by MarketWatch. I know everyone here swears by index funds, but the Contrafund beats the market consistently over the long run. I am 24, so I am willing to invest aggressively for higher returns. fid growth co pool 0.43%. The default option is FIAM TD 2060 POOL Q and currently I am invested 100% in it. Contrafund is up 115.35%. This is the opposite of truth. Mr. Danoff has worked as a research analyst and portfolio manager since joining Fidelity Investments in 1986. Fidelity® Contrafund ® FCNTX Morningstar Analyst Rating Analyst rating as of Feb 18, 2020. (Fees, mostly.). Unknown Member. The NAV for the Contrafund is different by an order of magnatude to the price on the commingled pool. Quote Fund Analysis Performance Risk Price Portfolio People Parent NAV / … fid mid cap value (fsmvx) 0.8%. fid low pr stk pool 0.48%. TRP LARGE-CAP VAL I (TILCX) - Large Value. Fidelity® Contrafund ® FCNTX Morningstar Analyst Rating Analyst rating as of Feb 18, 2020. By analyzing existing cross correlation between Fidelity Contra and SP 500, you can compare the effects of market volatilities on Fidelity Contra and SP 500 and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. Fidelity Contrafund debuted in May of 1967. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. fid contrafund pool 0.43%. Its current manager is William Danoff, who has headed the fund since 1990. View mutual fund news, mutual fund market and mutual fund interest rates. Find the latest Fidelity Contrafund K6 (FLCNX) stock discussion in Yahoo Finance's forum. share. I am a bot, and this action was performed automatically. The minimum to get into Fidelity's 500 index FUSVX was $10,000, so instead I put everything into the Fidelity Contrafund (FCNTX) since I read good things about it. Time is on your side, especially if you have a high savings/investment rate. "I am 24, so I am willing to invest aggressively for higher returns." Find our live Fidelity Growth Company Commingled Pool Class 1 fund basic information. Of course, he is old and will not be running the fund forever. The only reason you've heard about it is because it's done well. In the 12 … Since 2000, Contrafund is up 103.62% to the S&P 500's 80.97%. Why shouldn't I invest 100% of my 401k in Fid Contrafund Pool? My 401K has moved from the Fidelity Contrafund to the Fidelity Contrafund Commingled pool. It includes the fund's top holdings, its management and a scorecard based on rankings from 5 reputable review sites. It's up to you, but Bogle's books solidly convinced me to index. You'll want to stick to total market funds, not active funds. When you buy Contrafund you're betting on Will Danoff's stock picking ability. kalmar gr w/val smcp (kgscx) 1.29%. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. My first advice would be to read the US News Money overview of any fund you invest in. My question is why shouldn't I invest 100% in CONTRAFUND? because you have index funds available in your plan. Understand what's actually in the funds, their fees, and your risk tolerance. Of course, he is old and will not be running the fund forever. Other times, the market will adopt whatever tricks the rockstar is using to beat the market. Read a fund’s prospectus or offering memorandum and speak to an advisor before investing. American Funds New Perspective Fund® Class R-6. Any advice will help me greatly. WM BLAIR SMMIDCP - Mid-Cap Growth. Chart. Just started my first big boy job and I am a complete noob in investing. FID CONTRAFUND POOL - Large Growth. Fidelity® Total International Index Fund – Institutional Class. FIDELITY CONTRAFUND K6; Symbol: FLCNX: Fund Number: 02946 3rd Party Content - Terms of Use Our Ai fund analyst implies that there will be a positive trend in the future and the Fidelity Contrafund shares might be good for investing for making money. Here are the options for my 401k investment. Quote Fund Analysis Performance Risk Price Portfolio … Looks like you're using new Reddit on an old browser. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Boston, MA 02109. VANG FTSE SOC IDX IS (VFTNX) - Large Blend. Management Information. My second advice would be to research the index funds available to you and consider investing in an index fund for a percentage of your investments. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. I think you misspelled total stock market fund. The Fidelity Growth Company Commingled Pool's investment objective is to provide capital appreciation over a market cycle relative to the Russell 3000 Growth® Index or other suitable growth index, through the active management of equities across a broad growth segment of the equity markets. sptn intl index ins (fspnx) 0.095%. Join our community, read the PF Wiki, and get on top of your finances! January 2017 edited January 2017. T. Rowe Price Institutional Large Cap Growth Fund Mid Growth. 0. by 80percentWater in personalfinance [–] 80percentWater [ S ] 0 points 1 point 2 points 12 months ago (0 children) For the last year, Contrafund is up 21.36% to the S&P 500's 16.72%. I did some further research on diversification and I am thinking about this distribution: FID INTL INDEX INS - International Stock - 15%. Frankly if you want to invest aggressively then I recommend you choose a few single stocks rather than a fund. View & analyze the 0P000199K7 fund chart by total assets, risk rating, Min. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. sptn ext mkt idx adv (fsevx) 0.07% . But so far in the longer term, Danoff's up. save. Fidelity® Contrafund® Fund No Load (FCNTX) Dividend Growth History: By month or year. Commissions, fees and expenses may be associated with investment funds. Fidelity is based in Boston, MA, and is the manager of FCNTX. The default option is FIAM TD 2060 POOL Q and currently I am invested 100% in it. Usage of Fidelity's online trading services constitutes agreement of the Electronic Services Customer Agreement and License Agreement. Much of that 1% goes back into the fund fee, so Fidelity keeps it, not you. Thoughts? "Led by Will Danoff since 1990..." I wonder when he's retiring. Nasdaq composite is up 66.73% in that same time frame. Diversified. Your biggest risk with investing 100% in one fund is lack of diversification. FID 500 INDEX (FXAIX) - Large Blend. What are the risks? This is the only active fund I use, it’s up over 30% the past year. Just rebalanced my 401k today. My question is why shouldn't I invest 100% in CONTRAFUND? Sometimes a fund will be managed by a rockstar investment manager and then change managers and go into decline (relative to the index). I'd take some time to read about survivorship bias. AB DISC VALUE Z (ABSZX) - Small Value. 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