Is Fidelity Advisor Technology A (FADTX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 07 2024
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Source: NASDAQ.COM
Fidelity Advisor Technology A (FADTX): This mutual fund has a strong Zacks Mutual Fund Rank of 1 (Strong Buy) and boasts impressive performance metrics, including a 5-year annualized return of 25.62% and lower fees compared to its peers, making it a viable option for investors in the tech sector.
Investment Considerations: FADTX is more volatile than average with a higher standard deviation and beta, but it also shows positive alpha, indicating skilled management. The fund primarily invests in U.S. equities and has a low turnover rate, which may appeal to cost-conscious investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
