Fidelity Growth Company Fund
- Ticker: FDGRX
- Assets: $25.7 billion
- Category: Large-Cap Growth
- YTD Performance: 31.9% vs. 23.1% for the S&P 500
- Expense Ratio: 0.90%
One of the best Fidelity Funds after Contrafund is the Fidelity Growth Company Fund (FDGRX), a large-cap fund that is even more aggressive with its pursuit of growth.
Manager Steven Wymer is an old hand, serving as the leader of this fund since 1997, and has a great track record of picking the blue-chips with the biggest potential.
The proof is in the performance, with this large-cap fund tacking on a stupendous gain of almost 32% year-to-date in 2013 thanks to performance of top holdings like Facebook (FB) and Gilead Sciences (GILD), both of which are up by about 90% this year.
Top sectors right now are technology and healthcare, with over half the portfolio in those two segments, since that’s where Wymer sees the biggest growth in 2014.