Research information including trailing returns and hypothetical growth for Fidelity® Contrafund® Fund. See performance data and interactive charts for Fidelity® Contrafund® Fund (FCNTX). There are no 12b-1 or redemption fees. QUARTERLY FUND REVIEW | AS OF SEPTEMBER 30, 2020 Fidelity® Contrafund® Investment Approach FUND INFORMATION •Fidelity® Contrafund® is an opportunistic, diversified equity strategy with a large-cap growth bias. Editor’s note: “7 Best of the Best Fidelity Funds to Buy” was previously published in September 2020.It has since been updated to include the most relevant information available. Fidelity Contrafund (NASDAQMUTFUND:FCNTX) has long been one of the legends of Wall Street. Every quarter, Fidelity managers review the performance of more than 100 Fidelity mutual funds. 01/29/19-6:00AM EST Zacks 4 Best Fidelity Mutual Funds for December 12/07/18-8:19AM EST Zacks Back in the 1990s, it was one of the funds that helped build Fidelity Investments' reputation as a … FCNTX finds itself in the Fidelity family, based out of Boston, MA. An introduction and a discussion of the Fidelity Contrafund, a cornerstone of low cost, actively managed investing. As of the close of business April 28, only existing holders will be able to make new purchases in Contrafund FCNTX, -7.24% and the $5.5 billion Fidelity Advisor New Insights Fund. The expense ratio is 0.64%, which is about half that of the average expense ratio of its peers. The Fidelity Contrafund (FCNTX) is one of the largest actively managed equity mutual funds there is with assets just under $110 billion! Fund Information: The Fidelity Contrafund (FCNTX) is managed by William Danoff. FNIAX, … It has earned a five-star rating from Morningstar and ranks in the top 16% of all funds in its category. Fidelity Contrafund debuted in May of 1967. These Quarterly Reviews can help you learn more about: Market forces that influenced the fund's performance; Holdings that affected the fund's returns; The latest positioning, total returns, and top 10 holdings Start a 14 … He has been the sole manager of the fund since September 17, 1990. Learn about FCNTX with our data and independent analysis including NAV, star rating, asset allocation, capital gains, and dividends. •Philosophically, we believe stock prices … FCNTX had a 10-year annualized return of 8.45% compared with its benchmark S&P 500 Index of 6.80%. Is Fidelity Contrafund (FCNTX) a Strong Mutual Fund Pick Right Now? 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