Fidelity VIP Contrafund

  • Trading Symbol: FAVCF
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Morningstar® Snapshot*

AS OF 12/31/2014; MORNINGSTAR CATEGORY: LARGE GROWTH
Returns 4 out of 5, Above Average Returns
LOW AVG HIGH
Risk of this Category Category Risk Rating:6, where 1 is Lower and 10 is Higher
LOWER HIGHER

*Data provided by Morningstar. Please click on the indicator above to learn more about comparison groups and methodology.

Performance

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AS OF 12/31/2014
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr 10 Yr
FAVCF -0.37% +11.05% +18.65% +13.43% +8.01%
*AS OF 1/23/2015; Value is cumulative

Fund Manager(s)

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Mahantesh Kori since 6/29/2013 Jonathan Kasen since 6/29/2013 Brian Lempel since 4/10/2013 Tobias Welo since 11/1/2011 Peter Saperstone since 3/8/2011 Pierre Sorel since 10/25/2007 Robert Lee since 10/25/2007 Douglas Simmons since 10/25/2007 Robert Stansky since 10/25/2007 Steven Kaye since 10/25/2007

Fund Overview

Objective

Seeks long-term capital appreciation.

Strategy

Investing in securities of companies whose value FMR believes is not fully recognized by the public. Investing in either "growth" stocks or "value" stocks or both. Normally investing primarily in common stocks.

Risk

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks.

Details

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Morningstar Category
Large Growth
Subaccount Inception
1/9/1995
Unit Value
$74.19
1/23/2015
4/30/2014
Turnover Rate
77%
6/30/2014
Annual Maintenance Fee
$30.00
Net Assets ($M)
$985.57
12/31/2014
12 Month Low-High
$63.71 - $75.48
12/31/2014

Top 10 Holdings

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AS OF 12/31/2014
Top 10 Holdings
APPLE INC
GOOGLE INC CL C
BANK OF AMERICA CORPORATION
CITIGROUP INC
PROCTER & GAMBLE CO
CAPITAL ONE FINANCIAL CORP
JPMORGAN CHASE & CO
CHEVRON CORP
QUALCOMM INC
TWENTY FIRST CENTURY FOX INC-A
% of Total Portfolio 18.89%
Total # of holdings: 267 as of 12/31/2014
Total # of issuers: 263 as of 12/31/2014

Quarter-End Average Annual Total Returns

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AS OF 12/31/2014; *SUBACCOUNT INCEPTION 1/9/1995 Glossary definition opens in new window.

EXPENSE RATIO (GROSS):
0.64% AS OF 4/30/2014
1 Yr 3 Yr 5 Yr 10 Yr Life*
Fidelity VIP Contrafund 11.05% 18.65% 13.43% 8.01% 10.57%
S&P 500 13.69% 20.41% 15.45% 7.67% --
Large Growth 9.18% 18.67% 13.03% 6.60% --

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