Fidelity Advisor Small Cap Growth Fund Class M

The central aim of this fund is the growth of capital. Its portfolio primarily comprises common equities, with a mandate to commit at least 80% of its holdings to companies featuring small market capitalizations. Fidelity Management & Research Company (FMR) specifically targets businesses they believe possess superior growth prospects—often identified as 'growth stocks'—for inclusion in the fund. Its investments are not confined to domestic markets, extending to foreign issuers as well. Crucially, investment decisions are informed by a thorough fundamental analysis, scrutinizing factors such as an issuer's financial condition, its competitive position within its sector, and overarching market and economic trends.