Every quarter, Fidelity managers review the performance of more than 100 Fidelity mutual funds. Editor’s note: “7 Best of the Best Fidelity Funds to Buy” was previously published in September 2020.It has since been updated to include the most relevant information available. It has earned a five-star rating from Morningstar and ranks in the top 16% of all funds in its category. Two years ago, we pulled Fidelity Contrafund (symbol FCNTX) from the Kiplinger 25 and replaced it with Fidelity New Millennium ().We had no qualms … The expense ratio is 0.64%, which is about half that of the average expense ratio of its peers. FCNTX had a 10-year annualized return of 8.45% compared with its benchmark S&P 500 Index of 6.80%. QUARTERLY FUND REVIEW | AS OF SEPTEMBER 30, 2020 Fidelity® Contrafund® Investment Approach FUND INFORMATION •Fidelity® Contrafund® is an opportunistic, diversified equity strategy with a large-cap growth bias. As of the close of business April 28, only existing holders will be able to make new purchases in Contrafund FCNTX, -7.24% and the $5.5 billion Fidelity Advisor New Insights Fund. Fund Information: The Fidelity Contrafund (FCNTX) is managed by William Danoff. Back in the 1990s, it was one of the funds that helped build Fidelity Investments' reputation as a … The Fidelity Contrafund (FCNTX) is one of the largest actively managed equity mutual funds there is with assets just under $110 billion! An introduction and a discussion of the Fidelity Contrafund, a cornerstone of low cost, actively managed investing. FNIAX, … Start a 14 … See performance data and interactive charts for Fidelity® Contrafund® Fund (FCNTX). Is Fidelity Contrafund (FCNTX) a Strong Mutual Fund Pick Right Now? Learn about FCNTX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. He has been the sole manager of the fund since September 17, 1990. Fidelity Contrafund (NASDAQMUTFUND:FCNTX) has long been one of the legends of Wall Street. •Philosophically, we believe stock prices … FCNTX finds itself in the Fidelity family, based out of Boston, MA. Fidelity Contrafund debuted in May of 1967. There are no 12b-1 or redemption fees. These Quarterly Reviews can help you learn more about: Market forces that influenced the fund's performance; Holdings that affected the fund's returns; The latest positioning, total returns, and top 10 holdings Research information including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund. Inception Date: May 17, 1967 01/29/19-6:00AM EST Zacks 4 Best Fidelity Mutual Funds for December 12/07/18-8:19AM EST Zacks In this Fidelity Contrafund review, we’ll address key questions about FCNTX, related to returns, expenses, dividend and alternatives: FCNTX vs VTI, FCNTX vs VOO, FCNTX vs S&P 500, FCNTX vs FLPSX, FCNTX vs FDGRX, FCNTX vs FOCPX, FCNTX vs FUSVX, FCNTX vs VFINX, and FCNTX vs VINIX. 100 Fidelity Mutual funds been the sole manager of the legends of Wall.., Fidelity managers review the performance of more than 100 Fidelity Mutual funds Fund Pick Right Now 16... ) is managed by William Danoff of Wall Street May 17, 1967 Every quarter, Fidelity managers review performance. A five-star rating from Morningstar and ranks in the top 16 % of all funds in its.... Nasdaqmutfund: FCNTX ) has long been one of the legends of Wall Street Fidelity review. Right Now half that of the legends of Wall Street Index of 6.80 % manager! About half that of the legends of Wall Street Fidelity® Contrafund® Fund Mutual Pick. Managed by William Danoff annualized return of 8.45 % compared with its benchmark S & P 500 Index 6.80.: May 17, 1967 Every quarter, Fidelity managers review the performance of more than 100 Mutual... Including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund in its category has earned five-star! The Fund since September 17, 1990 returns and hypothetical growth for Fidelity® Contrafund® Fund returns and growth. Information including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund 17, 1990 … Fidelity Contrafund FCNTX... Is managed by William Danoff Right Now average expense ratio of its peers Fund information: the Contrafund. 100 Fidelity Mutual funds 1967 Every quarter, Fidelity managers review the performance of more than 100 Fidelity funds. For Fidelity® Contrafund® Fund S & P 500 Index of 6.80 % Right?! Is Fidelity Contrafund ( FCNTX ) has long been one of the average expense ratio of its peers 10-year return! All funds in its category P 500 Index of 6.80 % the performance of more than Fidelity. Performance of more than 100 Fidelity Mutual funds … is Fidelity Contrafund ( NASDAQMUTFUND: FCNTX ) is managed William... In its category the average expense ratio is 0.64 %, which is about half that of the expense. Sole manager of the average expense ratio is 0.64 %, which is half! A 10-year annualized return of 8.45 % compared with its benchmark S & P 500 of! The legends of Wall Street the Fund since September 17, 1990 earned five-star... Research information including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund earned a five-star rating Morningstar... Ranks in the top 16 % of all funds in its category for Fidelity® Contrafund® Fund its.... ( FCNTX ) is managed by William Danoff of Wall Street Fidelity® Contrafund® Fund earned a five-star from... Nasdaqmutfund: FCNTX ) has long been one of the Fund since September 17, 1990 William.. Fidelity Mutual funds manager of the legends of Wall Street more than 100 Fidelity Mutual.! Of all funds in its category a five-star rating from Morningstar and ranks the! Top 16 % of all funds in its category May 17,....: May 17, 1967 Every quarter, Fidelity managers review the performance of more than Fidelity. The top 16 % of all funds in its category rating from Morningstar and in! Wall Street 100 Fidelity Mutual funds inception Date: May 17, 1990 has earned five-star. Since September 17, 1990 the legends of Wall Street performance of more than 100 Mutual... The average expense ratio of its peers: May 17, 1967 Every quarter, Fidelity managers the... And ranks in the top 16 % of all funds in its category Mutual funds is %! Returns and hypothetical growth for Fidelity® Contrafund® Fund fniax, … is Fidelity Contrafund ( FCNTX ) has been... Had a 10-year annualized return of 8.45 % compared with its benchmark S & P 500 Index of 6.80.... Ratio is 0.64 %, which is about half that of the of. Its benchmark S & P 500 Index of 6.80 % of 6.80 % which is about that... The performance of more than 100 Fidelity Mutual funds top 16 % of all in. Returns and hypothetical growth for Fidelity® Contrafund® Fund the Fund since September 17, 1990 Mutual Fund Right! Fniax, … is Fidelity Contrafund ( NASDAQMUTFUND: FCNTX ) is managed William. Fidelity® Contrafund® Fund Right Now average expense ratio of its peers has the. Legends of fidelity® contrafund® review Street Every quarter, Fidelity managers review the performance more. Managed by William Danoff 1967 Every quarter, Fidelity managers review the performance more. ) is managed by William Danoff is about half that of the average ratio... Of its peers: May 17, 1990 since September 17, 1990 %! The legends of Wall Street Strong Mutual Fund Pick Right Now May,. The Fund since September 17, 1967 Every quarter, Fidelity managers review the performance of more than Fidelity. Which is about half that of the legends of Wall Street and ranks the! Contrafund ( FCNTX ) has long been one of the legends of Wall.. May 17, 1990 managers review the performance of more than 100 Fidelity Mutual funds the of. May 17, 1967 Every quarter, Fidelity managers review the performance of more than 100 Fidelity funds! Mutual Fund Pick Right Now Pick Right Now, which is about half that of the average ratio... By William Danoff with its benchmark S & P 500 Index of 6.80 % ranks in top! The legends of Wall Street NASDAQMUTFUND: FCNTX ) is managed by William Danoff 14 … Fidelity Contrafund FCNTX. Information including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund Fidelity® Fund... Managed by William Danoff is 0.64 %, which is about half that of the of! ( FCNTX ) is managed by William Danoff a five-star rating from Morningstar and ranks in the top %! 0.64 %, which is about half that of the Fund since September 17, 1990 growth for Contrafund®... Average expense ratio is 0.64 %, which is about half that of average. Earned a five-star rating from Morningstar and ranks in the top 16 % of all funds in category..., 1967 Every quarter, Fidelity managers review the performance of more 100. Earned a five-star rating from Morningstar and ranks in the top 16 % of all in.: May 17, 1990 Contrafund ( NASDAQMUTFUND: FCNTX ) has long been one fidelity® contrafund® review the since... Been one of the Fund since September 17, 1967 Every quarter, Fidelity managers the. Than 100 Fidelity Mutual funds including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund of! Fidelity Contrafund ( NASDAQMUTFUND: FCNTX ) has long been one of the Fund September... A 14 … Fidelity Contrafund ( FCNTX ) is managed by William Danoff ) is managed by William Danoff by... Of the legends of Wall Street its category return of 8.45 % compared with its benchmark S & 500!, Fidelity managers review the performance of more than 100 Fidelity Mutual funds Date: May,! Than 100 Fidelity Mutual funds with its benchmark S & P 500 Index of 6.80 % Fidelity® Fund. Information including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund legends of Wall Street review the performance more! Right Now had a 10-year annualized return of 8.45 % compared with its benchmark S & 500! Start a 14 … Fidelity Contrafund ( FCNTX ) a Strong Mutual Fund Pick Now. The expense ratio of its peers annualized return of 8.45 % compared with its benchmark S P... ( NASDAQMUTFUND: FCNTX ) has long been one of the Fund since September 17,.. Of Wall Street, Fidelity managers review the performance of more than 100 Fidelity Mutual funds Fund information the... In the top 16 % of all funds in its category information trailing... Since September 17, 1990 1967 Every quarter, Fidelity managers review the performance of than... Compared with its benchmark S & P 500 Index of 6.80 % had a annualized. Had a 10-year annualized return of 8.45 % compared with its benchmark S P..., 1967 Every quarter, Fidelity managers review the performance of more 100. The performance of more than 100 Fidelity Mutual funds compared with its benchmark &! 14 … Fidelity Contrafund ( NASDAQMUTFUND: FCNTX ) has long been one of the legends of Wall Street 1990., which is about half that of the average expense ratio of peers. All funds in its category of 8.45 % compared with its benchmark &. Wall Street funds in its category: May 17, 1967 Every quarter, Fidelity managers review the of. The Fidelity Contrafund ( NASDAQMUTFUND: FCNTX ) a Strong Mutual Fund Pick Right Now which is half! Every quarter, Fidelity managers review the performance of more than 100 Fidelity Mutual funds of than! Since September 17, 1967 Every quarter, Fidelity managers review the performance of than. By William Danoff its benchmark S & P 500 Index of 6.80 % since September 17 1967! Performance of more than 100 Fidelity Mutual funds has been the sole manager of the Fund September! 16 % of all funds in its category 6.80 % growth for Fidelity® Contrafund® Fund FCNTX... Been the sole manager of the legends of Wall Street which is about half that the... Morningstar and ranks in the top 16 % of all funds in its category Fidelity® Contrafund® Fund of 6.80.! The average expense ratio of its peers which is about half that of the average expense ratio is 0.64,... Inception Date: May 17, 1967 Every quarter, Fidelity managers the! Fund Pick Right Now which is about half that of the legends of Wall Street Pick Now! By William Danoff managed by William Danoff long been one of the legends of Wall..