How old is the Fidelity Fund (FFIDX)? Well, the fund interception takes us back to April 30, 1930, just after the famous stock market crash of 1929. Now, for an investment fund to survive 84 years of market crashes, the strategy must be solid and the managers must be doing a lot of things right.
FFIDX is a large growth fund that holds 94% of its assets in U.S. stocks (source: Morningstar). What makes the Fidelity Fund exciting for 2014 is that FFIDX is now the highest ranked broadly diversified Fidelity mutual fund (source: FidelitySignal):