Investment Test Drive

FGIKX Fidelity® Growth & Income K

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Fund FGIKX Fidelity® Growth & Income K MOAT VanEck Vectors Morningstar Wide Moat ETF  
Similarity
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100% 89%
Annual Fees
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$56.04
(0.53% Exp. Ratio)
$51.81
(0.49% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.73% annual return
$45,322.74 $45,872.71
Est. savings over 30 yrs +$549.97
Return
As of 11/30/16
1 YR RETURN 11.09%
3 YR 7.94%
5 YR 14.93%
10 YR 3.43%
1 YR RETURN 16.75%
3 YR 9.62%
5 YR --
10 YR --
Description
The investment seeks high total return through a combination of current income and capital appreciation. The fund normally invests a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation. It potentially invests in bonds, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), as well as stocks that are not currently paying dividends, but offer prospects for future income or capital appreciation. The fund invests in domestic and foreign issuers.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Wide Moat Focus Index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar") determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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