Fidelity Advisor OTC Portfolio I (FOTHX)

Overview

This fund is primarily focused on investing in common stocks, with a significant emphasis on securities that are traded on the NASDAQ or over-the-counter (OTC) markets, renowned for their engagement with small to medium-sized companies. Notably, it commits over 80% of its assets to this area, demonstrating a clear strategic preference. The fund is distinct in its allocation of more than 25% of its total assets specifically to the technology sector, reflecting a concentrated investment philosophy. Although it holds both domestic and foreign issuers, the fund is characterized by its flexibility in investment style, as it engages with both 'growth' stocks and 'value' stocks. This approach, combined with its status as a non-diversified fund, underlines its targeted investment strategy rather than broad market diversification.

Products and Services

• Common Stock Investments

Primary focus on investing in common stocks, selecting securities with the potential for growth and value across various markets, particularly those that are lesser-known or emerging.

• NASDAQ and OTC Market Investments

Allocates at least 80% of assets in securities principally traded on the NASDAQ or over-the-counter (OTC) markets, targeting small and medium-sized companies that show promise for growth and innovation.

• Technology Sector Investments

Dedicates more than 25% of its total assets to the technology sector, demonstrating a focused commitment to one of the most dynamic and rapidly evolving sectors of the economy.

• Domestic and Foreign Issuer Investments

Invests in both domestic and foreign issuers, offering investors exposure to a wide range of geographies and markets, thus tapping into global growth potential and diversification benefits.

• Growth and Value Stock Investments

Engages in a flexible investment approach by investing in both 'growth' stocks, which are expected to grow at an above-average rate compared to their industry or the overall market, and 'value' stocks, which are believed to be undervalued in comparison to their intrinsic value.