Fidelity VIP Growth Initial |
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Release date as of 2025-03-31. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2025-03-31 |
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Out of 1027 Large Growth Funds
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Total Fund Assets ($ Mil) |
9,802.23 |
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Investment Objective & Strategy |
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The investment seeks to achieve capital appreciation.
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The fund primarily invests in common stocks. It invests in companies that the adviser believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. |
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Morningstar Category: Large Growth |
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Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries.
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There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund. |
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% of Net Assets |
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U.S. Stocks |
86.0 |
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Non-U.S. Stocks |
12.5 |
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Bonds |
0.0 |
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Cash |
1.3 |
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Other |
0.2 |
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Data through 2025-02-28 |
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Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
29.00 |
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Basic Materials |
0.75 |
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Consumer Cyclical |
19.09 |
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Financial Services |
9.16 |
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Real Estate |
0.00 |
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Sensitive |
50.65 |
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Communication Services |
9.79 |
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Energy |
1.68 |
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Industrials |
7.49 |
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Technology |
31.69 |
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Defensive |
20.35 |
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Consumer Defensive |
1.72 |
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Healthcare |
17.62 |
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Utilities |
1.01 |
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Data through 2025-02-28 |
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Total Number of Stock Holdings |
132 |
Total Number of Bond Holdings |
2 |
% of Net Assets in Top 10 Holdings |
48.91 |
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Turnover % |
(as of 2024-12-31) |
58.00 |
30 Day SEC Yield % |
--- |
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Sector |
P/E |
% of Net Assets
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Amazon.com Inc |
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34.41 |
10.82 |
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NVIDIA Corp |
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36.86 |
10.71 |
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Apple Inc |
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35.26 |
5.28 |
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Microsoft Corp |
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30.25 |
4.72 |
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Alphabet Inc Class A |
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19.23 |
4.47 |
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Boston Scientific Corp |
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80.70 |
3.18 |
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Taiwan Semiconductor Manufacturing Co Ltd ADR |
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2.59 |
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Mastercard Inc Class A |
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39.46 |
2.54 |
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Visa Inc Class A |
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35.33 |
2.41 |
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Meta Platforms Inc Class A |
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24.16 |
2.19 |
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Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Nondiversification, Issuer, Market/Market Volatility, Equity Securities |
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Show Risk Definitions |
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Inception Date: 1986-10-09 |
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Daniel E. Kelley (2025-04-11) |
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Daniel Kelley is a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. |
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Christopher Lin (2025-04-11) |
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Christopher Lin is portfolio manager of Computers Portfolio, which he has managed since January 2013. Since joining Fidelity Investments in 2003, Mr. Lin has worked as a research analyst and portfolio manager. |
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Asher Anolic (2017-07-01) |
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Asher Anolic is co-manager of the VIP Growth Portfolio, which he has managed since July 2017. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Anolic has worked as a research analyst and portfolio manager. Prior to joining Fidelity Investments in 2008, Mr. Anolic worked for Bear Stearns as a research analyst. |
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Jason Weiner (2006-11-20) |
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Jason Weiner is co-manager of the fund, which he has managed since November 2006. He also manages Fidelity funds. Since joining Fidelity Investments in 1991, Mr. Weiner has worked as a research analyst and portfolio manager (other than a 6-month leave of absence in 2018). |
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Fidelity Management & Research Company LLC |
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FMR Investment Management (U.K.) Limited |
Fidelity Management & Research (Japan) Limited |
Fidelity Management & Research (HK) Ltd |
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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
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