Quick Guide to Fidelity Trend Fund (FTRNX)

Fidelity Trend (FTRNX) a Zacks Rank #1 (Strong Buy) invests primarily in common stocks of domestic and foreign issuers. The management seeks to take advantage of trends in security values reflecting changes in general and particular economic and financial conditions.

This Global - Equity fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Small Value. Further, as of the last filing, APPLE INC, ALPHABET INC and AMAZON.COM INC were the top holdings for FTRNX.

The Fidelity Trend fund, managed by American Cent, carries an expense ratio of 0.73%. Moreover, FTRNX requires a minimal initial investment of $2,500.

FTRNX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 18.58%, 3 year 11.50% and 5 year 13.83%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

FTRNX's performance, as of the last filing, when compared to funds in its category was in the top 15% in 1 year, top 2% over the past 3 years, and in the 5% over the past 5 years.

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