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FMLVYX

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1d
1w
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Analysis and statistics

  • Open
    10.8618$
  • Previous Close
    10.8618$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

Fidelity Advisor Materials Fund Class Y (FMLVYX.US) is a mutual fund offered by Fidelity Investments. It primarily invests in the stocks of companies engaged in the manufacturing, mining, processing, or distribution of raw materials and intermediate goods. This includes companies in sectors like chemicals, paper and forest products, construction materials, metals and mining, and containers and packaging. The fund aims to provide capital appreciation by focusing on companies that Fidelity believes will benefit from global economic growth and demand for materials. As a Class Y share class, it typically has a higher minimum investment requirement and lower expenses compared to other share classes of the same fund.
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Factors

Fund Performance: Strong historical returns attract investors, increasing demand and price.

Market Conditions: Broad market uptrends usually lift fund prices; downturns have the opposite effect.

Interest Rates: Higher rates can make bond funds less attractive, potentially lowering prices.

Fund Expenses: Higher expense ratios can detract from returns, negatively impacting the price.

Investor Sentiment: Positive or negative sentiment towards the fund or its sector affects buying/selling pressure.

Asset Allocation: Shifts in the fund's asset allocation can influence investor confidence and price.

Fund Size: Very large funds may face challenges finding attractive investments, potentially hindering performance.

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