Fidelity Disruptors Fund
Data updated: 2023-08-03
C000219013 — Fidelity Disruptors Fund. Growth Equity · $95.52M AUM · 0.50% expense ratio · -15.4% 1-yr return. Holdings, fees, performance and SEC filings.
C000219013 Fund Overview
Fidelity Disruptors Fund is a US mutual fund managed by Fidelity Summer Street Trust, categorised as Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Summer Street Trust
- Category: Growth Equity
- Assets under management: $95.52M
- 1-year return: -15.4%
- SEC CIK: 0000225322
- SEC series ID: S000067936
- Share class ID: C000219013
C000219013 Investment Objective and Strategy
Fidelity Disruptors Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Summer Street Trust.
Investment objective
The fund seeks long-term growth of capital.
Principal investment strategy
Normally investing assets in a combination of five Fidelity funds, each of which normally invests in equity securities of companies that represent a disruptive theme. Fidelity Disruptive Automation Fund normally invests at least 80% of assets in securities of disruptive automation companies, which include but are not limited to companies that, in the Adviser?s opinion, are engaged in designing and manufacturing automation, enabling technology, tools, or processes including robotics, artificial intelligence, machine vision, process sensors, pneumatic systems, autonomous driving & electric vehicles, and 3D printing. Fidelity Disruptive Communications Fund normally invests at least 80% of assets in securities of disruptive communications companies, which include but are not limited to companies that, in the Adviser?s opinion, are engaged in social media, interactive gaming, streaming services, next generation digital infrastructure, and connected devices (e.g., 5G communications, cloud networking).
In pursuing this investment theme, the fund may invest in companies in any economic sector. Fidelity Disruptive Finance Fund normally invests at least 80% of assets in securities of disruptive finance companies, which include but are not limited to companies that, in the Adviser?s opinion, are engaged in digital solutions to deliver more cost effective, efficient, and customized financial services such as blockchain enabled financial services, digital payments, data processing, internet banks, embedded finance, AI-enabled underwriting and other disruptive lending and insurance business models. Fidelity Disruptive Medicine Fund normally invests at least 80% of assets in securities of disruptive medicine companies, which include but are not limited to companies that, in the Adviser?s opinion, are engaged in robotic surgery, cell and gene therapy, genomics, rare diseases, medical devices and equipment, immunotherapy, technology-based health care platforms, advanced diagnostics and consumer wellness.
Fidelity Disruptive Technology Fund normally invests at least 80% of assets in securities of disruptive technology companies, which include but are not limited to companies that, in the Adviser?s opinion, are engaged in big data, machine learning, artificial intelligence, cloud computing/software as a service (SaaS), cybersecurity, ecommerce and consumer technologies, rideshare, battery technology, and next generation hardware. Fidelity?s disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. This may include creating, providing, or contributing to new or expanded business models, value networks, pricing, and delivery of products and services.
C000219013 Performance
Total returns for C000219013 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -15.4% |
| 3 years (annualised) | 8.1% |
C000219013 Risk Information
Risk metrics for C000219013, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 27.8%
C000219013 Costs and Fees
C000219013 costs about $50 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.50%
- Gross expense ratio: 0.50%
- Portfolio turnover: 22%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000219013 Cashflows
Over the 12 months to 2023-05, Fidelity Disruptors Fund had net outflows of $33.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-05 | −$3.04M |
| 2023-04 | −$1.53M |
| 2023-03 | −$1.37M |
| 2023-02 | −$1.07M |
| 2023-01 | −$1.84M |
| 2022-12 | −$4.05M |
C000219013 Debt Constituents
No individual debt constituents are reported in Fidelity Disruptors Fund's latest SEC N-PORT filing.
C000219013 Prospectus and SEC Filings
Official Fidelity Disruptors Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-07-26
- Prospectus (485BPOS) — filed 2021-07-27
- Prospectus supplement (497) — filed 2021-10-07
- Portfolio holdings (N-PORT) — filed 2023-07-26
- Portfolio holdings (N-PORT) — filed 2023-04-27
- Portfolio holdings (N-PORT) — filed 2023-01-26
- Annual census (N-CEN) — filed 2023-08-03
- Annual census (N-CEN) — filed 2022-08-08
Related Funds
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.