Fidelity Advisor New Insights M
FNITX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 02109 Boston MA United States of America 02109
- IPO Date
- Jan 8, 2003
- CIK
- 0000024238
- Website
- institutional.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor New Insights Fund - Class M (FNITX) is an open-end mutual fund that seeks capital appreciation by investing primarily in common stocks of domestic and foreign issuers whose value the adviser believes is not fully recognized by the public; it employs a flexible strategy blending growth and value stocks across the market-cap spectrum with a large-cap growth bias, utilizing fundamental analysis of issuers' financial condition, industry position, market conditions, and economic factors. The fund offers multiple share classes including Class M shares with a CUSIP of 316071505, a net expense ratio of 1.15%, a front-end load of 3.50%, and a minimum initial investment of $0; it maintains a diversified portfolio with approximately 84% in U.S. stocks, 9% in non-U.S. stocks, 1% in cash, and the remainder in other assets, emphasizing sectors such as technology (23%), communication services (22%), and financial services (14%). Managed by Fidelity Management & Research Company LLC, a subsidiary of Fidelity Investments headquartered in Boston, Massachusetts, the fund was launched on July 31, 2003, and operates within the large growth category, targeting individual and institutional investors with total net assets exceeding $24 billion and share class assets of about $2 billion as of recent data. Portfolio managers include William Danoff since inception in 2003, Nidhi Gupta since June 2020, and the recent addition of Matthew Drukker as co-manager effective April 11, 2025, reflecting a strategic enhancement to the management team amid ongoing preparations for long-term continuity similar to transitions at related Fidelity funds. This change aligns with Fidelity Investments' broader activities, including expanded mergers and acquisitions in the wealth management sector and strategic partnerships such as those with Sygnum and Chainlink in 2024 to bolster capabilities in advisory services and asset management. The fund remains available for sale in the United States with daily pricing and no recent reorganizations, name changes, or funding rounds reported for the fund itself.