Fidelity Investments is one of the world’s largest mutual fund companies with more than $4 trillion in assets under management. It is headquartered in Boston, Massachusetts and provides financial products and services to more than 40 million people. The company was founded in 1946 and is still run by its founding family. The company’s financial statements show that the company has consistently emphasized innovation and has led the way in many areas. It was the first to regularly update the net asset value of its mutual funds and was the first to offer same-day trading of its fund shares.
Before investing in a Fidelity fund, consider the fund’s objectives, risks, expenses, and fees. You can obtain a prospectus and summary prospectus by contacting Fidelity and reading it carefully. Investment decisions should be based on your investment objectives, time horizon, and risk tolerance. Also, remember that past performance does not guarantee future results.
Fidelity Investments is a large investment firm that oversees retirement and taxable portfolios for millions of Americans. The company reported a record $21 billion in revenue and operating income of $7.2 billion, up 4.6% from the prior year. Its total discretionary managed assets (including Fidelity’s mutual funds and other investment products) totaled $3.8 trillion at the end of 2020. It increased its total assets by 19% from year-end 2019.