Fidelity Health Care Fund Net Asset Value: Understanding Its Impact on Investments10

The net asset value (NAV) of a mutual fund represents the per-share value of the fund's underlying assets. In other words, it shows how much each share of the fund is worth. The NAV is calculated by dividing the total value of the fund's assets by the number of shares outstanding.

The NAV of the Fidelity Health Care Fund (FDHTX) is an important metric to consider when investing in the fund. It can help you assess the current value of your investment and determine its potential return.

How to Calculate NAV

The NAV of the Fidelity Health Care Fund is calculated on a daily basis. The fund's managers total up the value of all the fund's assets, including stocks, bonds, and other investments. They then divide that total by the number of shares outstanding to get the NAV.

NAV and Investment Returns

The NAV of the Fidelity Health Care Fund can fluctuate over time, depending on the performance of the fund's underlying investments. When the value of the fund's assets increases, the NAV will go up. When the value of the fund's assets decreases, the NAV will go down.

The NAV is used to calculate the returns that investors earn on their investments. When the NAV of the fund increases, investors make money. When the NAV of the fund decreases, investors lose money.

NAV and Mutual Fund Distributions

Mutual funds may distribute dividends or capital gains to their shareholders. The amount of the distribution is based on the NAV of the fund.

When a mutual fund declares a dividend, the NAV of the fund will decrease by the amount of the dividend. When a mutual fund declares a capital gain, the NAV of the fund will increase by the amount of the capital gain.

How to Track NAV

You can track the NAV of the Fidelity Health Care Fund on the Fidelity website or through your brokerage account. The NAV is typically updated once per day, after the market closes.

Investing in the Fidelity Health Care Fund

The Fidelity Health Care Fund is a good choice for investors who are looking for exposure to the healthcare sector. The fund invests in a variety of healthcare companies, including pharmaceutical companies, biotechnology companies, and medical device companies.

The fund has a long history of strong performance. Over the past 10 years, the fund has outperformed the S&P 500 Index.

If you are interested in investing in the Fidelity Health Care Fund, you should consider your investment goals and risk tolerance. The fund is a good fit for investors who are comfortable with some risk and who are looking for long-term growth.

Disclaimer: Investing in mutual funds involves risk. Investors should carefully consider the investment objectives, risks, charges, and expenses of a mutual fund before investing. This article is provided for informational purposes only and should not be construed as investment advice.

2024-11-05

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