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FEGIX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    41.6652$
  • Previous Close
    41.6652$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FEGIX.US represents the Fidelity Environmental and Alternative Energy Fund. This mutual fund seeks long-term growth of capital by investing primarily in common stocks of companies that Fidelity Management & Research Company LLC believes will benefit significantly from the development and utilization of alternative energy sources, energy efficiency technologies, pollution control, and/or other environmental improvements. It generally invests at least 80% of its assets in securities of companies principally engaged in activities related to the environmental and alternative energy industries and normally invests primarily in common stocks.
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Factors

Market Interest Rates: Rising interest rates generally decrease bond prices, including those held by FEGIX.US, as newer bonds offer higher yields.

Credit Quality of Holdings: Downgrades in the credit ratings of bonds within FEGIX.US's portfolio can lead to price declines.

Economic Conditions: Economic growth or recession can impact the performance of the bonds FEGIX.US holds, affecting the fund's price.

Inflation Expectations: Higher inflation expectations often lead to higher interest rates, negatively impacting bond prices within FEGIX.US.

Fund Management Decisions: The fund manager's investment strategies, including security selection and duration management, influence FEGIX.US's performance.

Supply and Demand: Investor demand for FEGIX.US shares can impact its price. High demand increases the price, while low demand decreases it.

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