FDIF offers exposure to all five Fidelity Disruptive ETFs, making it suitable for investors who don't want to pick individual winners. The fund has underperformed broad market benchmarks and most underlying ETFs, raising concerns about its effectiveness as a core holding. FDIF only makes sense for those seeking convenience, as it doesn't deliver superior returns or risk-adjusted performance compared to broad index funds.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Candace Cavalier Congress Wealth Management LLC / DE / | 8,698 | $230,467.61 | $347,746.04 | $117,278.43 | 50.89% |
| MWS MFA Wealth Services MFA Wealth Services | 11,696 | $395,586.37 | $462,927.68 | $67,341.31 | 17.02% |
Christopher C. Powers Farther Finance Advisors, LLC | 4,899 | $139,986.1 | $189,812.73 | $49,826.63 | 35.59% |
| HAS Hayley A. Snell LRI Investments, LLC | 56 | $1,989 | $2,167.77 | $178.77 | 8.99% |
| NASDAQ (NGS) Exchange | US Country |
The fund is designed to capitalize on the innovative power of disruptive companies through a strategic investment approach. By allocating its assets across five Fidelity® funds, the fund focuses on equity securities of companies engaged in significant, forward-thinking transformations within their industries or sectors. These companies are characterized by their innovative approaches to delivering products and services, which have the potential to disrupt traditional business models and create new industry standards. The goal is to identify those with the capability to redefine their marketplace, thereby offering unique investment opportunities.
Primarily focuses on investing in the equity securities of companies that are considered disruptors in their respective fields. These investments are selected based on their potential to implement new and unconventional business methods that may challenge and possibly displace established industry players over time.
The fund targets investments in a range of disruptive themes, as identified by Fidelity’s research. These themes represent sectors or areas where significant innovation is occurring, providing a fertile ground for companies that show strong potential for growth and transformation.
To diversify its investment approach, the fund allocates its assets among five specific Fidelity® funds, each dedicated to capturing different aspects of disruptive innovation across various industries. This strategy aims to balance risk while maximizing the potential for returns through exposure to a broad spectrum of innovative companies.