The Fidelity Growth Company Fund experienced a notable surge in the third quarter of 2025, with its Retail Class shares recording an impressive 14.06% gain. This figure significantly surpassed the Russell 3000 Growth Index, which advanced by 10.41% over the same period. This strong performance signals a positive trajectory for growth stocks, which had already seen an uptrend earlier in the year, growing by 32.41% from April 9 through midyear.
Our investment philosophy is centered on identifying businesses that operate within robust industries and possess distinct advantages. We prioritize companies that we believe are capable of generating consistent sales and earnings expansion. This approach guides our selection of holdings, ranging from well-established industry leaders to those with aggressive growth potential, aiming to capitalize on market opportunities and deliver value to our investors.
This quarter's results underscore the effectiveness of a disciplined investment strategy focused on fundamental strength and growth prospects. By meticulously analyzing market trends and company specifics, the fund aims to navigate dynamic economic landscapes and achieve sustained capital appreciation for its shareholders. The commitment to a research-intensive process positions the fund to continue pursuing opportunities that align with its long-term growth objectives.