Fidelity Small Cap Growth Fund Q1 2025 Review

(19min)

Summary

  • For the quarter, the fund's Retail Class shares returned -11.05%, versus -11.12% for the benchmark Russell 2000® Growth Index.
  • As the second quarter begins, the global business cycle remains in expansion, with a broad shift toward monetary easing and more unsynchronized trends across major economies.
  • At quarter end, we are finding attractive opportunities in almost all sectors. We are excited about the fund's current holdings, and we continue to work alongside our talented analysts to uncover attractive small-cap growth companies.

Close up of three people looking at financial data with graphs and charts.

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Investment Approach

  • Fidelity® Small Cap Growth Fund seeks small-cap companies with above-average growth prospects and that are trading at reasonable valuations.
  • We believe that changes in expectations about future earnings drive stocks, and companies with secure competitive positions in

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Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.

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