Fidelity Advisor Semiconductors Fund FELIX NASDAQ

Fidelity Advisor Semiconductors Fund is a non-diversified equity fund that primarily invests in common stocks of companies engaged in the semiconductor industry. The fund allocates at least 80% of its assets to securities of companies involved in the design, manufacture, or sale of semiconductors and semiconductor equipment, with exposure to both domestic and foreign issuers. The investment strategy relies on fundamental analysis, evaluating each company's financial condition, industry position, and broader market and economic conditions to identify suitable investment opportunities.