Fidelity Global Commodity Stock Fund
FFGCX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Fidelity Global Commodity Stock Fund (FFGCX) is an open-end mutual fund that seeks capital appreciation by investing at least 80% of its assets in common stocks of companies principally engaged in the energy, metals & mining, and agriculture groups of industries; it provides active, equity-based exposure to global commodity markets through securities issued worldwide, with allocations across diversified market capitalizations using fundamental analysis focused on issuers' financial condition, industry position, and market/economic conditions. The fund's portfolio emphasizes sectors such as basic materials (approximately 56%), energy (33%), and consumer defensive (agriculture-related, 9%), with top holdings including Exxon Mobil Corp., Corteva Inc., Chevron Corp., Nutrien Ltd., and Archer-Daniels-Midland Co.; it maintains non-U.S. stock exposure around 58%, U.S. stocks at 40%, and cash at 1%, spanning regions including the United States, Canada, the United Kingdom, Africa, and Latin America. Managed within Fidelity Investment Trust, the fund benchmarks performance against the MSCI ACWI Commodity Producers Sector Capped Index (NR USD) and is domiciled in the United States with a net expense ratio of 0.86%. Launched on March 25, 2009, the fund is headquartered at Fidelity Investments' corporate offices in Boston, Massachusetts. It targets institutional and retail investors seeking commodity-linked equity exposure without direct commodity investments, with total net assets exceeding $920 million as of recent data. In a significant recent development, Matthew Moulis joined as co-portfolio manager on February 7, 2025, alongside Peter Belisle, enhancing the fund's management team amid semiannual performance for the period ending April 30, 2025, which showed a retail class return of -3.78% versus -3.66% for the benchmark. No major acquisitions, funding rounds, partnerships, or product launches specific to the fund have been reported in the last 1-2 years. The fund remains non-diversified and continues its global equity strategy without noted reorganizations or operational shifts.