401k Plan: Do you Own The Fidelity OTC Fund

by | Oct 25, 2011 | Videos, Point and Figure

Is the Fidelity OTC Fund (symbol FOCPX) available in your retirement plan at work? FOCPX may be available in your deferred compensation plan or your 401k plan. In the many retirement plans I have reviewed, the Fidelity OTC Fund is one of the more popular funds — meaning, it is often offered as one of the choices for large cap growth investing in a 401(k) plan.

And in some deferred comp accounts and 401(k) plans, the Fidelity OTC fund (FOCPX) is sometimes the most recognizable name in your plan. With that in mind, I have prepared an analysis of the point and figure chart for this fund.

If you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.
If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website. Under no circumstances should the content discussed here to be considered specific investment advice.

Please note this is an ANALYSIS, not a recommendation to buy or sell this fund. In fact, none of the securities analyzed represent past specific recommendations of Mullooly Asset Management.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment or investment strategy will be profitable or equal to past performance levels.

All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions, or withdrawals may materially alter the performance of your portfolio. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for an investor’s portfolio. Feel free to pick up the phone and call us (or email) to get your questions answered about the Fidelity OTC fund, or your 401k retirement account at work, any investment your are considering. We can be reached at 732-223-9000.

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