Fidelity Advisor Semiconductors Fund - Class C (FELCX)

The primary goal of this fund is to generate long-term capital growth for investors. Its portfolio predominantly consists of common shares. A significant portion—at least 80% of its total assets—is typically allocated to securities of firms primarily engaged in the development, manufacturing, or distribution of semiconductors and semiconductor-related machinery. The fund's investments encompass both national and international companies. To select holdings, the management employs a rigorous fundamental analysis, evaluating elements such as an issuer's financial stability, its standing within its sector, and broader market and economic factors. It is categorized as a non-diversified fund.