Fidelity Value Discovery Fund (FVDFX)

Overview

The fund is designed for investors looking to capitalize on opportunities presented by undervalued stocks in various sectors. Managed by Fidelity Management & Research Company (FMR), it focuses on selecting securities that are believed to be priced below their intrinsic value based on fundamental metrics. These metrics include, but are not limited to, assets, sales, earnings, growth potential, and cash flow, or relative to their peers within the same industry. The investment strategy is not limited by geographic boundaries, as it encompasses both domestic and foreign issuers. Through rigorous fundamental analysis, the fund evaluates each issuer's financial health, competitive standing within its industry, and the broader market and economic conditions. This comprehensive approach aims to identify high-quality investments that can deliver solid returns over time.

Products and Services

• Common Stocks Investment

Focused on investing primarily in common stocks, the fund seeks to leverage the potential for high returns by handpicking companies undervalued in the marketplace. Through a meticulous research and selection process, the fund targets investments that promise significant growth and revenue generation.

• Domestic and Foreign Issuers

The fund's investment portfolio spans both domestic and international markets, allowing for a diversified approach to asset allocation. This global perspective enables the fund to identify undervalued securities across a wide range of geographies, further mitigating risk and enhancing growth potential.

• Fundamental Analysis

At the core of the fund's investment strategy is fundamental analysis, a method that assesses an issuer's financial stability, industry positioning, and the overall market and economic environments. This detailed evaluation helps in selecting investments that are likely to provide sustainable long-term growth and value to the investors.