He has been the sole manager of the fund since September 17, 1990. As of the close of business April 28, only existing holders will be able to make new purchases in Contrafund FCNTX, -7.24% and the $5.5 billion Fidelity Advisor New Insights Fund. The Fidelity Contrafund (FCNTX) is one of the largest actively managed equity mutual funds there is with assets just under $110 billion! Is Fidelity Contrafund (FCNTX) a Strong Mutual Fund Pick Right Now? It has earned a five-star rating from Morningstar and ranks in the top 16% of all funds in its category. FCNTX finds itself in the Fidelity family, based out of Boston, MA. Fidelity Contrafund debuted in May of 1967. Back in the 1990s, it was one of the funds that helped build Fidelity Investments' reputation as a … Research information including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund. Fidelity Contrafund (NASDAQMUTFUND:FCNTX) has long been one of the legends of Wall Street. FCNTX had a 10-year annualized return of 8.45% compared with its benchmark S&P 500 Index of 6.80%. Inception Date: May 17, 1967 Every quarter, Fidelity managers review the performance of more than 100 Fidelity mutual funds. •Philosophically, we believe stock prices … QUARTERLY FUND REVIEW | AS OF SEPTEMBER 30, 2020 Fidelity® Contrafund® Investment Approach FUND INFORMATION •Fidelity® Contrafund® is an opportunistic, diversified equity strategy with a large-cap growth bias. Start a 14 … There are no 12b-1 or redemption fees. 01/29/19-6:00AM EST Zacks 4 Best Fidelity Mutual Funds for December 12/07/18-8:19AM EST Zacks Fund Information: The Fidelity Contrafund (FCNTX) is managed by William Danoff. These Quarterly Reviews can help you learn more about: Market forces that influenced the fund's performance; Holdings that affected the fund's returns; The latest positioning, total returns, and top 10 holdings FNIAX, … An introduction and a discussion of the Fidelity Contrafund, a cornerstone of low cost, actively managed investing. Learn about FCNTX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. In this Fidelity Contrafund review, we’ll address key questions about FCNTX, related to returns, expenses, dividend and alternatives: FCNTX vs VTI, FCNTX vs VOO, FCNTX vs S&P 500, FCNTX vs FLPSX, FCNTX vs FDGRX, FCNTX vs FOCPX, FCNTX vs FUSVX, FCNTX vs VFINX, and FCNTX vs VINIX. Editor’s note: “7 Best of the Best Fidelity Funds to Buy” was previously published in September 2020.It has since been updated to include the most relevant information available. 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